We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
lloyds bank taking the micky with credit card
Options
Comments
-
To be fair, among the other posts, OP did mention the issue of if they had a problem month and then had to pay some interest where the higher rate is a problem. OP free to vote with his feet of course but as I said above, many banks are doing this.Emmia said:If you're paying in full every month, why do you care what the rate is?
If the card is ALWAYS paid in full it doesn't matter if the rate is 0% 20% 100% 5,000% or 1,000,000% as a debt is never carried from one month to the next.Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
0 -
OP also bragged about being an Amex Gold Card holder which comes with a £195 fee after first year and representative APR of 88.8%! Go figure2
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards