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Morgan Stanley £20 Annual Fee!!!!
DilbertJones
Posts: 670 Forumite
in Credit cards
I have just received my statement and have been charged £20 for a annual fee!!!
I'moutraged, when did this happen? is it a new tactic CC company's are using to penalise people who happen to pay off a card in full every month.
Can I get it back?
I'moutraged, when did this happen? is it a new tactic CC company's are using to penalise people who happen to pay off a card in full every month.
Can I get it back?
0
Comments
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no suprise really. I reckon they'll charge everyone eventually, alot of people won't notice and morgan stanley will be quids in.Krusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
well i am going to give them a ring today to see if i can get it refunded I'm not happy about that charge at all0
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I am pretty sure that they have to give you prior warning that there will be any fee changes.
I cant remember having received any notification of charges for my Morgan Stanley Card, will have to see when the statement arrives.0 -
I received a letter from them saying there were going to start introducing the charge but not on my account, this would then be reviewed every year. Like you, I pay my account by direct debit each month and spend circa £4k pa.
They're losing money on my account so can't understand why they don't charge me
Oli0 -
I have just received my statement and have been charged £20 for a annual fee!!!
I'moutraged, when did this happen? is it a new tactic CC company's are using to penalise people who happen to pay off a card in full every month.
Can I get it back?
Unless you have a platinum card, you have to pay a £20 annual fee. This was introduced last month. They should have informed you.0 -
maybe they did but i cant remember. i will try them soon i'm sure0
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I received a letter from them saying there were going to start introducing the charge but not on my account, this would then be reviewed every year. Like you, I pay my account by direct debit each month and spend circa £4k pa.
They're losing money on my account so can't understand why they don't charge me
Oli
They are not losing money on your account.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
Old news that's been discussed already...
http://forums.moneysavingexpert.com/showthread.html?t=420530
and
http://forums.moneysavingexpert.com/showthread.html?t=451052
Here's to Augusts' threads about £15 CB redemption levels and annual fee :beer:0
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