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Is it legal for credit card companies to hide the promotional offer end dates
TheLearner2008
Posts: 145 Forumite
in Credit cards
Tesco credit card does not show the date when promotional offers end on their monthly credit card statements.
Is this legal? I have asked them many times why they are the ONLY credit card company that does not show the date.
Also when I phone them it’s a huge hassle to get these dates.
Debt 1 June 2017: £35,000.00 ~ Debt now: £10,000
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Comments
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It will be in your initial agreement and welcome letter.0
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No I didn't get it with my initial agreement. Many years later I get offered money transfer offersDebt 1 June 2017: £35,000.00 ~ Debt now: £10,0000
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When did you do the transfer?
Add the number of months and viola you find the date. (I would subtract one to make sure the promo deal was paid off in time).2 -
I had one that didn't show up on the statement until about two months before it was due to expire, their calculation was much later than I had expected as well.
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https://forums.moneysavingexpert.com/discussion/5972299/tesco-credit-card-0-purchases-offer-expiry-date/p1TheLearner2008 said:Tesco credit card does not show the date when promotional offers end on their monthly credit card statements.Is this legal? I have asked them many times why they are the ONLY credit card company that does not show the date.Also when I phone them it’s a huge hassle to get these dates.
IIRC there is at least one other old thread about it.
The upshot appears to be that Tesco Bank gives two months' notice that a balance transfer deal is coming to an end.
Is that legal? I don't know.0
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