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Incorrect APR?
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The rate you are offered is not just a reflection of risk. It also reflects the lender's cost of money, their market objectives, your usage/non-usage of the account etc.
I have a good income and over a century without a missed payment.
I'm on Santander Zero's top rate (34.8%) have 12-16% on Natwest, MBNA, Barclaycard and Nationwide. I have a couple of others around 24%.
Frankly I think it's common to have low standard rates when you don't run a balance. If they can see you coming to the end of a BT then you might get rate-jacked. 19.9% is not a high rate.
If you have a good rating, there is no reason to pay standard rates of interest at all. Just get a new card and do a BT.0 -
I thought you were pretty ancient, but that's amazing.chattychappy wrote: »...over a century without a missed payment.
Are you for real? - Glass Half Empty??
:coffee:0
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