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tsb cc intrest rate increase

bolder
bolder Posts: 10 Forumite
Hello has anyone else's tsb cc intrest rate gone up? I just got a letter increasing to 18.9 from 17.5 iv had it for about 15 years, they've never changed rates or 2750 limit, iv had 2500 on it for years then did a balance transfer. in the last year or so iv been paying it in full and now they increase it

Comments

  • john1002
    john1002 Posts: 985 Forumite
    Part of the Furniture 500 Posts
    Growing trend on card companies to increase interest rates as well as linking them to the BOE rate.

    As long as your not holding a balance that isn't on a promotional rate then no issues.

    If you are or likely too, look for a new Card.

    John
  • Ben8282
    Ben8282 Posts: 4,821 Forumite
    1,000 Posts Combo Breaker Newshound!
    If you pay in full you don't pay interest so it makes no difference to you whatever they put the interest rate up to.
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