How Halifax Clarity Creidit Card now threatens to steal your money.

cymruchris

WOODY210363 said:

I have got my Halifax clarity card set up to pay the full balance every month so why do I get charged interest when ever I spend on it?

If any of your transactions are classed as ‘cash’ you will be charged interest even if you pay the balance in full. Interest begins to accrue from the moment a cash transaction is posted to your account. This might be a cash withdrawal - or it may be a payment that is classed as cash such as crediting a gambling account (although this is less Likely now) - if you’re withdrew £40 last month / paid the balance including the interest - there’d still be more interest to pay this month - it’s the way it’s calculated - as mentioned ‘trailing interest’ - have you made any cash or cash linked transactions ?