Credit Card Interest question

Neoshoegal

I've got a Virgin Credit card. Every month I make the minimum payment via DD, I don't spend anything on the card. I've just received this month's statement and the interest charged is nearly £10 higher than the month before (also higher than in October and November). This also meant that my minimum payment was less than the interest charged leaving me with a higher balance this month. How is this possible? My interest rate hasn't changed.

CannyJock

Minimum repayment

• Your balance (if this is less than £25); or
• whichever is the greater of: £25; or 1% of your statement balance before any default charges and interest (to which we'll then add the default charges and interest).

It's not unusual for the 1% minimum payment to be less than the interest added to the account.

The statement period covered by the interest may also be for more days than the October and November periods.

Full details at http://uk.virginmoney.com/virgin/credit-cards-v3/popup/summary.jsp