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Credit agreement letter

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Has anyone else had a letter from credit card providers with their original credit agreement? 

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  • Why has my credit card sent me a letter increasing my interest, then sent me one of my original credit agreement 
  • spinningsheep
    spinningsheep Posts: 1,053 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Noonoo21 said:
    Has anyone else had a letter from credit card providers with their original credit agreement? 
    If its a New Day card, I had a message in my inbox on the app today with my original agreement in it, and my limit was increased by £1000 last month. Who knows. Wouldn't worry though. 

    CC limits £26000


    Long term CC debt £0

    Total low rate loan debt £3000

    Almost debt free feeling, priceless.

    Ex money nightmare, learnt from my mistakes and never going back there again, in control of my finances for the first time in my adult life and it feels amazing. 
  • jimroy
    jimroy Posts: 151 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    edited 25 July 2023 at 6:56PM
    Yes I got this yesterday too.

    Incidentally, I've just received another email from them to log into my inbox re another new letter in my inbox they've added yesterday saying that "Due to the changing global economic situation over the past year, unfortunately we’ve had to take the difficult decision to increase our interest rates." They're putting their interest rates up on 30th September. 

    By 3.77% for standard purchase rate and balance and money transfers and by 7.32% for standard cash rate.

    It's as well I pay mine off in full every month. 
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