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Barclaycard annual statement interest rate doesn't match interest rate charged
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Tigers
Posts: 5 Forumite

in Credit cards
I've just received my Barclaycard annual statement which states:
“Your interest rates:
The following shows your contractual interest rates at the start and end of the period below:
Starting 21 Jun 2017
Simple standard rate p.a: 0.00% (0.0% compound equivalent)
Simple cash rate p.a: 0.00% (0.0% compound equivalent)
Ending 20 Jun 2018
Simple standard rate p.a: 0.00% (0.0% compound equivalent)
Simple cash rate p.a: 0.00% (0.0% compound equivalent)”
I definitely haven’t been charged an interest rate of 0.00% from 21st June 2017 to 20th June 2018.
I don’t remember any offer of a 0.00% rate from Barclaycard and I believe the 0.00% rate on the annual statement is an error.
What should I do?
“Your interest rates:
The following shows your contractual interest rates at the start and end of the period below:
Starting 21 Jun 2017
Simple standard rate p.a: 0.00% (0.0% compound equivalent)
Simple cash rate p.a: 0.00% (0.0% compound equivalent)
Ending 20 Jun 2018
Simple standard rate p.a: 0.00% (0.0% compound equivalent)
Simple cash rate p.a: 0.00% (0.0% compound equivalent)”
I definitely haven’t been charged an interest rate of 0.00% from 21st June 2017 to 20th June 2018.
I don’t remember any offer of a 0.00% rate from Barclaycard and I believe the 0.00% rate on the annual statement is an error.
What should I do?
0
Comments
-
Ignore it.0
-
Deleted_User wrote: »Ignore it.
Thank you.0 -
Only if you believe you have been mischarged, which
doesn't sound is the case.
Your agreement and any subsequent Notice of Variation will tell you your rates.0
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