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Tesco Credit Interest free, or not?
Zork
Posts: 34
Forumite
in Credit cards
Hello.
I have had a Tesco Credit card for about 2 months with the usual 13 months Interest free period etc on Tesco stuff and 3 months on other stuff. I have only made Tesco purchases but on my second statement it tells me that if I only make the minimum payment, my interest will be £15 next month. Below that are shown my interest rates and charges which show %0.
I phoned Tesco ( using the overseas number of course) to query this. They told me that I wouldn't pay interest, but by law they have to show what I would've paid if i was being charged.
Watch this space for an update next month!!
Has anyone else come across this?
Rob.
I have had a Tesco Credit card for about 2 months with the usual 13 months Interest free period etc on Tesco stuff and 3 months on other stuff. I have only made Tesco purchases but on my second statement it tells me that if I only make the minimum payment, my interest will be £15 next month. Below that are shown my interest rates and charges which show %0.
I phoned Tesco ( using the overseas number of course) to query this. They told me that I wouldn't pay interest, but by law they have to show what I would've paid if i was being charged.
Watch this space for an update next month!!
Has anyone else come across this?
Rob.
0
Comments
-
yep that happened to me too.
I phoned them, told me what they told you,
the following month it was back to 0% again...it's a bit weird that they do that.
I thought I had mucked up!:heartpulsOnce a Flylady, always a Flylady:heartpuls0 -
Thanks. Me too!0
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