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Credit Card Fees

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Comments

  • youknowwho
    youknowwho Posts: 259 Forumite
    if he was told no fee on the phone, then he will not get charged at a fee. If one comes on his statement then he calls up gets someone to listent o the call and her will get it refunded, thats th worst cas escenario. The other scenario, he does not get charged a fee, it is only 0% for 5 months, so idf they put a fee on it, then noone would take it up!
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  • peawack
    peawack Posts: 320 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    youknowwho wrote: »
    if he was told no fee on the phone, then he will not get charged at a fee. If one comes on his statement then he calls up gets someone to listent o the call and her will get it refunded, thats th worst cas escenario. The other scenario, he does not get charged a fee, it is only 0% for 5 months, so idf they put a fee on it, then noone would take it up!


    Yep ! That just about sums it up !
    Peter
  • peawack
    peawack Posts: 320 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    youknowwho wrote: »
    if he was told no fee on the phone, then he will not get charged at a fee. If one comes on his statement then he calls up gets someone to listent o the call and her will get it refunded, thats th worst cas escenario. The other scenario, he does not get charged a fee, it is only 0% for 5 months, so idf they put a fee on it, then noone would take it up!

    Just to update this-
    I WAS charged a fee and I DID ask them to check the recorded conversation, and they DID refund the charge !
    And to their credit, ( bad choice of words, I know) apologised !!!
    All very predictable, LOL !
    Peter
  • peawack wrote: »
    Just to update this-
    I WAS charged a fee and I DID ask them to check the recorded conversation, and they DID refund the charge !
    And to their credit, ( bad choice of words, I know) apologised !!!
    All very predictable, LOL !

    Told you so!:eek:
    Glad you got it sorted though.:beer:
  • Dylanwing
    Dylanwing Posts: 2,015 Forumite
    Quite right on charging fees - Why should the 'irresponsible' people who regularly run high balances and only make a minimum payment subsidise those savvy people who keep moving debt around and never paying interest.
  • ejones999 wrote: »
    If you abolish the fees you won't get any free interest period!


    Free in the loosest sense of the word. If you pay 3% for 6 months "interest free" isn't that the same as paying interest at 6% APR?
    "A nation of plenty so concerned with gain" - Isley Brothers - Harvest for the World
  • Free in the loosest sense of the word. If you pay 3% for 6 months "interest free" isn't that the same as paying interest at 6% APR?

    Even at 6% it is cheaper than 99% of loans and is more flexible.
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