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Capital One T&C

Does anyone know what this means?

"Total Charge for Credit: At the time the agreement is made, is £257.78. Comprimising interest in the sum of £257.78"

It's listed under my T&C for a new card with them and before I sign it I want to know what it means - they are closed now so I can't ring them - plus don't want to be fobbed off.

Ta

Comments

  • It looks like part of a worked example showing how much interest you'd pay over a year on a certain amount of debt, outside of any introductory offers.
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
  • YorkshireBoy
    YorkshireBoy Posts: 31,541
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    ...and is fully explained in section 11 of your T&C's.
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