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Can barclaycard do this?? Really confused over statement
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Just a week or two ago Barclaycard accepted a refund (withdrawal from William Hill) as a payment.0
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What I don't understand though is this
Let's say the statement is for £350 and is generated on 1st January, with a payment due date of 20 January.
Let's say £300 of the items are returned on 5th January.
If I only paid the £50, wouldn't that mean that I would be charged interest as I hadn't paid the full statement balance?
I don't understand how they calculate these things...
I've used credit cards for years, and I sometimes do have refunds, but I've never had a high enough refund amount that fell after the statement date to have given it any thought....Indecision is the key to flexibility
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