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Compound Interest on Credit Card Charges?

DeBilde
DeBilde Posts: 87 Forumite
in Reclaim bank & credit card charges
Has anyone tried to claim this rather than the 8% advised?

If so, any success?

Thanks

Comments

  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    DeBilde wrote: »
    Has anyone tried to claim this rather than the 8% advised?

    If so, any success?

    Thanks

    Yes they have and yes they have succeeded.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • DeBilde
    DeBilde Posts: 87 Forumite
    Thanks for the info, so it is worth me doing this when I submit my claim?

    What rate do I charge them at? Cash Rate or Purchase Rate? Also is their a calculator anywhere where I can add it all up?

    Finally I am on a DMP with my CC's, will this make them less responsive to my DMP?

    Thanks
  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    Purchase rate is the rate you charge. If you are on a DMP then the DMP should reduce but I would contact your provider firstly before proceeding.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
This discussion has been closed.
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