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New John Lewis Credit Card warning!

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The old partnership card expired so i took out a new JL card. Id just done some work on the Kitchen so took the opportunity of doing a balance transfer interest free. However what i find out is that any other use of the card for petrol, food, gifts etc incurs a interest fee from the point of use, you do not get your 30-45 day interest free period. I was politely informed when i queried it, but will not be using it again, it was not upfront in their terms and was hidden in the small print, not very customer friendly! be warned.

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  • born_again
    born_again Posts: 15,066 Forumite
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    Normal practise.
    Your balance transfer is interest free, but not other transactions. Unless you pay ALL the purchases off in full (after you receive the statement)
    Life in the slow lane
  • Ebe_Scrooge
    Ebe_Scrooge Posts: 7,320 Forumite
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    Yup, standard practice on the vast majority of (if not all) BT cards.  This is why you must always read the small print whenever entering into any contract, whether financial or otherwise.
  • DullGreyGuy
    DullGreyGuy Posts: 11,538 Forumite
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    The old partnership card expired so i took out a new JL card. Id just done some work on the Kitchen so took the opportunity of doing a balance transfer interest free. However what i find out is that any other use of the card for petrol, food, gifts etc incurs a interest fee from the point of use, you do not get your 30-45 day interest free period. I was politely informed when i queried it, but will not be using it again, it was not upfront in their terms and was hidden in the small print, not very customer friendly! be warned.
    And thats why you're told never to use a BT card for anything else... in the old days it'd been even worse because repayments would have been made against the 0% balance and not the interest incurring balance but regs were changed such that repayments have to go against the statemented balance with the highest interest rate.
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