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2% repayments on Egg card
Innys
Posts: 1,881 Forumite
in Credit cards
Hi
Having just had my second DD taken on my £15k stooze on my Egg card I have noted that the amount is different to the first - it is £294 as opposed to £300.
While I'm not complaining (more money to earn interest on
), is this the same as eveyone else's experience? I though they would take 2% per month on the amount initially forwarded, not the outstanding balance. I guess it makes sense to take 2% of the balance, but I just thought I'd ask.
Thanks
Having just had my second DD taken on my £15k stooze on my Egg card I have noted that the amount is different to the first - it is £294 as opposed to £300.
While I'm not complaining (more money to earn interest on
), is this the same as eveyone else's experience? I though they would take 2% per month on the amount initially forwarded, not the outstanding balance. I guess it makes sense to take 2% of the balance, but I just thought I'd ask.Thanks
0
Comments
-
No, Innys as with any credit card, you pay on what you owe. As it is your second month, you owe less as you have already repaid £300. Carry o0n stoozing!0
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