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Virgin Credit Card increasing rates, advice needed
cj136uk
Posts: 4 Newbie
in Credit cards
I have a balance of roughly £850 on a Virgin Credit Card, was 0% in the 18 month period 17.9%apr. They now want to stop this 17.9% and raise it to 27.9%.
They claim it is due to the account history, um, I've kept up all the payment way above the minimum.
Should I go else where.
I have been given the option to opt out, but on talking to the customer manager he said that I would loose the card and it would affectivily become a loan.
Ideas?
James, Edinburgh
They claim it is due to the account history, um, I've kept up all the payment way above the minimum.
Should I go else where.
I have been given the option to opt out, but on talking to the customer manager he said that I would loose the card and it would affectivily become a loan.
Ideas?
James, Edinburgh
0
Comments
-
If you have already spoken to them and they won't budge then go elsewhere.
If you were keeping the account in such good order as you say you shouldn't have a problem to get another card.
How quickly can you repay it? It will be option between higher BT fee but longer 0% period versus lower BT fee but shorter BT 0% period...0 -
James
This has been discussed frequently if you do a search.0
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