Barclaycard extorsion

peterparker110

I had the same shock! they are nasty and they dont love you or your future unfortunatly

notahappybunny1 wrote: »

I've recently discovered that Barclaycard have been charging me 26.9% APR ! I'm an ex Eggcard customer sohad no choice in becoming a Barclaycard customer.

I've tried to complain and after being pasted from department to department, the upshot was, they are not prepared to do anything to reduce my rate.They also told me that allegedly it'sthe same rate that I was being charged by Egg, which I don't beleive but have no Egg documentation to prove otherwise.

I asked how they can possibly justify charging 26.9%, needless to say they couldn't answer that. I also asked how they can justify it in relation tothe rates of interest they pay out on savings accounts, typically nomore than 3%, 800% less !?

Credit card fraud is often talked about but in my opinion card companies getting away with this form of legalised theft is the real fraud.

Sadly I have no room on other cards which totransfer the balance but as stated to Barclaycard I will now find a way to pay off my balance and cancel my card with this bunch of crooks.

As you can tell, this really makes my blood boil, so I just thought i'd vent my spleen on here !

Fruit_and_Nut_Case

peterparker110 wrote: »

I had the same shock! they are nasty and they dont love you or your future unfortunatly

Zombie thread! So it took you over a year longer than the OP to discover this? We have to be nice to Newbies but sometimes it can be difficult.

CHECK YOUR STATEMENTS!

PeacefulWaters

Fruit_and_Nut_Case wrote: »

Zombie thread! So it took you over a year longer than the OP to discover this? We have to be nice to Newbies but sometimes it can be difficult.

CHECK YOUR STATEMENTS!

The biggest problem I have with newbies is the godawful pictures MSE appear to make them choose to put next to their names.

leeroy2009

if you don't like it, pay the balance off in full and retry to get your apr lowered, or bt the debt and close the card.


ps Barclaycard do lower aprs, I speak from personal experience, they also pay out £50 credits which I also speak from experience, they also pay £5 to £10 for phone calls ive had to make to them, Barclaycard is one of my favourite credit cards

leeroy2009

also if you want to talk about extortion, I suggest you check out cards such as vanquish and aqua