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Refunds
Sncjw
Posts: 3,595 Forumite
in Credit cards
Hi I have a credit card bill due to £681 right. Now I've used the card since the bill was produced only £28 so around £700.
Now I have had a refund for £79 from Amazon as they charged me for prime but refunded. Also £8 from next. Now the bill was over £650 prior to the refund.
So what will happen if I pay the bill off as the bill hasn't gone down. Will k get £89 off my next statement.
Thanks
Now I have had a refund for £79 from Amazon as they charged me for prime but refunded. Also £8 from next. Now the bill was over £650 prior to the refund.
So what will happen if I pay the bill off as the bill hasn't gone down. Will k get £89 off my next statement.
Thanks
Mortgage free wannabe
Actual mortgage stating amount £75,150
Overpayment paused to pay off cc
Starting balance £66,565.45
Current balance £55,819
Cc debt free.
Actual mortgage stating amount £75,150
Overpayment paused to pay off cc
Starting balance £66,565.45
Current balance £55,819
Cc debt free.
0
Comments
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Your next statement will be £87 less than it otherwise would have been. Note that with some cards if you don't pay off the full statement amount (i.e. £681, ignoring the refunds) you might get charged interest.loose does not rhyme with choose but lose does and is the word you meant to write.0
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I pay off the full amount anyways just wondering .
Thank youMortgage free wannabe
Actual mortgage stating amount £75,150
Overpayment paused to pay off cc
Starting balance £66,565.45
Current balance £55,819
Cc debt free.0 -
The best way is with direct debit, the lender then decides what you need to pay and take it accordingly. You then cannot get it wrong and be penalised.0
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