Virgin Mastercard general rip off or just me?

jonesMUFCforever

If you earn £60k why on earth do you owe piffling amounts on multiple cards?
Something doesn't add up here.

TFD_2

jonesMUFCforever wrote: »

If you earn £60k why on earth do you owe piffling amounts on multiple cards?
Something doesn't add up here.

Only on there due to low BT rates. I've got £35K of debts in total - was £50K+ a couple of years back, so that puts a dent in my pocket each month!

I have balances on 2 out of my 4 credit cards, so nothing to worry me.

NickX

jonesMUFCforever wrote: »

If you earn £60k why on earth do you owe piffling amounts on multiple cards?
Something doesn't add up here.

Could be stoozing

As my income has increased, as have my credit limits and debt levels as I am able to stooze more and more.

Naturally the higher income means the higher Minimum Payments can be made from salary rather than dipping into stoozepot.

jonesMUFCforever

TFD wrote: »

Only on there due to low BT rates. I've got £35K of debts in total - was £50K+ a couple of years back, so that puts a dent in my pocket each month!

I have balances on 2 out of my 4 credit cards, so nothing to worry me.

This is why - you are now a high risk customer with a high net debt to salary value.
You have done well to bring it down from £50k - my advice pop over to the debt free wanabe board.