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Got approved for new credit card...but APR is 93.4%!
camellia_c
Posts: 207 Forumite
in Credit cards
Is this a reasonable APR? My credit files are good though a lot of accounts
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Comments
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Thats a great rate... as long as you pay the balance in full each month !
Who the hell is the provider offering such a generous deal ?
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For real....93.4% !!
Who is the card provider.
Never ever use it and cancel the agreement0 -
Is this a bank of Nigeria card?????0
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which one though via sygma?0
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If I had problem getting a credit card and wanted a REAL CC with real facilities (ie credit using someone else's money) I'd be very pleased to get this.
Just make sure you pay it off every month and keep an eye on the ever changing T&Cs.0 -
Surely it has to be an error. I didn't think Sygma would go higher than 24.9%.
Have you tried calling them and ask why your rate is 93%? That is unbelievably ridiculous. Cancel this card if they don't rectify the rates otherwise it'll cost you an absolute fortune.We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com0 -
What was the advertised rate for the card you applied for?camellia_c wrote: »Is this a reasonable APR? My credit files are good though a lot of accounts
Perhaps you should post again here:
http://forums.moneysavingexpert.com/showthread.html?t=1960685People who don't know their rights, don't actually have those rights.0 -
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Are you definitely sure it is 93.4%, you have not mistaken a 3 for 9?0
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