Egg Money "minimum finance charge"

Paul_Herring

Found this: http://forums.moneysavingexpert.com/showthread.html?t=319441

On the 20th Nov an entry appeared on my online statement saying

Minimum Finance Charge £0.50p

Upon emailing them, this is the reponse:



Dear sanfrancisco

As of 14th November 2006 we introduced a minimum interest charge of ?0.50 for Egg Card and Egg Money customers whose interest is less than ?0.50 and who haven't been charged either a balance transfer, cash advance or over-limit fee.

Customers who have less than ?0.50 interest on their card in a statement period will now be charged ?0.50, rather than the lesser amount.

A debit card payment is the quickest way to make an additional payment.

Click the 'Your money' tab, then select 'view' to the right of your Egg Card. then select 'One-off payment' on the left-hand side of the page. From here just follow the on screen instructions.

Please contact me if you've any further queries.

Thanks for your message.

Regards

Another thread: http://forums.moneysavingexpert.com/showthread.html?t=435446

It would appear you've incurred interest (rightly or wrongly) either on that statement or the previous one.