Really daft question about monthly bill and refund

jonesMUFCforever

veryintrigued wrote: »

It'll certainly make a difference to the money I have to shell out when I may not need to......'won't it'.

Thanks to everyone else on this for their responses.

Over and out on this one.

I'm just saying .........you have a statement balance of say £200 - if you pay your card in full every month - you pay £200.

That statement may well include a refunded transaction.;)

agrinnall

jonesMUFCforever wrote: »

I'm just saying .........you have a statement balance of say £200 - if you pay your card in full every month - you pay £200.

That statement may well include a refunded transaction.;)

But the thing with Nationwide is that the statements says £200, they tell you that the DD is going to be £200, you reconcile your account in Money, and then a £50 refund comes in and they actually take £150. In some ways that's good, as they never take any more money than you owe, but it plays havoc with the re-reconciliation.