M&S Minimum Payment

mleonard79

Hi Everyone,

I got a letter in a while back that said the minimum payment for the M&S & More Card would be reducing from 3% to 2.5%. This doesn't seem to have happend though so I was just wondering why I can't find the letter now to see the particulars so I thought someone on here might know what's happened to the change. Thanks.

Regards

Michelle

sicker

An insert with my last statement advised that 'as from 25th July 2007 the minimum payment you must make each month will be reduced from £5 or 3% to £5 or 2.5% of the outsatnding balance'
Please note min on statements before 26th July will be calculated at 3%.

John

PS My last statement was 15th July so my minimum was @ 3%, roll on next month :j

mleonard79

Thanks Sicker,

My statement date was the 23rd of July and there was no insert (I must have got it with the previous statement or the one before that.) I'll look out for it coming down next month then

Regards

Michelle