We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Santander Credit Card Interest
rh22uk
Posts: 20 Forumite
in Credit cards
Hi,
I am very confused. Every month I pay off the balance of the previous month in full but every month I get charged interest. The interest is not a lot, its around £1.50 each time but it's every month so they are starting to add up now. I haven't used the card to withdraw money from an ATM or anything like that. Just regular purchases.
Does anyone have any explanation?
Thanks
I am very confused. Every month I pay off the balance of the previous month in full but every month I get charged interest. The interest is not a lot, its around £1.50 each time but it's every month so they are starting to add up now. I haven't used the card to withdraw money from an ATM or anything like that. Just regular purchases.
Does anyone have any explanation?
Thanks
0
Comments
-
Suggest you call them and ask them0
-
Obvious question: are you paying in time for them to receive the money by the due date? (Check the statement to see if the previous payment was received on time.) I'm guessing that you are else you'd see late payment charges.
Next question: any "cash like" transactions? Buying travellers cheques/foreign exchange, gambling....0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.3K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards