Capital One standard PI 3 April 2017 at 8:44AM in Stoozing: free cash from credit cards 1 reply 3.4K views

david_S_jones

I Just got charged a STANDARD PURCHASE INTEREST £49.64 by Capital One VISA

seems excessive to me , I use it in Italy every few months inc cash advances my question is what is this and is it a one-off annual charge

zx81

It's the interest on your purchases. You're charged interest when you carry a balance and don't clear in full.

You're charged interest on cash from date of withdrawal.

Why is it excessive?