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Capital One offer help...
lillykitt
Posts: 13 Forumite
Hi
Today I received an offer from my capital one credit card PPI. And have no idea if its enough, please help. Here are the facts:
Started 25/05/00
Settled 03/08/05
Credit Card Limit £200
No idea of APR.
Total offer is £93.71, this consists of
£93.71 in premiums
£1.90 in associated interest
£0.61 is 8% statutory interest.
What do you think ?
Sarah
Today I received an offer from my capital one credit card PPI. And have no idea if its enough, please help. Here are the facts:
Started 25/05/00
Settled 03/08/05
Credit Card Limit £200
No idea of APR.
Total offer is £93.71, this consists of
£93.71 in premiums
£1.90 in associated interest
£0.61 is 8% statutory interest.
What do you think ?
Sarah
0
Comments
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Well done on your success.:beer:
Sorry I am not the one for calculations, but hopefully someone will be here soon to check them out for you, good luck.;)The one and only "Dizzy Di"
0 -
:j:j:j congrats :beer:
I am no good with calcs either,sorry
But someone who is will be along to help you.0 -
can anyone help with the calculations ? I'm not sure whether to accept or not0
-
Hi
Today I received an offer from my capital one credit card PPI. And have no idea if its enough, please help. Here are the facts:
Started 25/05/00
Settled 03/08/05
Credit Card Limit £200
No idea of APR.
Total offer is £93.71, this consists of
£93.71 in premiums
£1.90 in associated interest
£0.61 is 8% statutory interest.
What do you think ?
Sarah
Hiya sorry I cant help with any calculations
I just wanted to say that I have a similar offer to yours 
£67.22 not a large amount
£43.20 in premiums
£4.00 in associated interest
£20.02 8% statutory interest
I think mine is from 1998/9 until 2002 limit £200
Hopefully someone will get in touch to let us know if this is right before I send off the acceptance.0 -
can anyone help with the calculations ??0
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Unfortunately its pretty impossible to calculate credit card refunds without having the details of the balance for every month you had the card. PPI premiums are a % of the balance each month, not a fixed amount, and so vary from month to month and thus so does the interest.Its amazing how these banks can't even do simple calculations correctly..............0
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Unfortunately its pretty impossible to calculate credit card refunds without having the details of the balance for every month you had the card. PPI premiums are a % of the balance each month, not a fixed amount, and so vary from month to month and thus so does the interest.
Hiya
I wanted to know if you felt the interest on the amount is correct? Can you tell me how the interest works
Many thanks0
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