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    • Hall1107
    • By Hall1107 19th May 17, 6:38 PM
    • 3Posts
    • 4Thanks
    Hall1107
    Tesco credit card
    • #1
    • 19th May 17, 6:38 PM
    Tesco credit card 19th May 17 at 6:38 PM
    I have been with tesco credit card for 2 years on 0% balance transfer, today i rang them and found out my 0% has ran our last month, i dont recall recieving any letters from them to remind me even though they said that they have. Now i have been charged 1000 on interest on top of my balance. Is there anything i can do to get them to write this off i have allways made regular payments and have just forgot to balance transfer as i have so much going on at the minute. Help!
Page 1
    • zx81
    • By zx81 19th May 17, 6:47 PM
    • 16,360 Posts
    • 17,392 Thanks
    zx81
    • #2
    • 19th May 17, 6:47 PM
    • #2
    • 19th May 17, 6:47 PM
    No. You need to keep an eye on your statements and manage your finances.
    • YorkshireBoy
    • By YorkshireBoy 19th May 17, 7:03 PM
    • 30,129 Posts
    • 17,979 Thanks
    YorkshireBoy
    • #3
    • 19th May 17, 7:03 PM
    • #3
    • 19th May 17, 7:03 PM
    At their representative 18.9% APR, the monthly rate is 1.4531%.

    Assuming your 1,000 interest figure covers 2 months, then that means you had a circa 34,000 balance...and an even higher credit limit to accommodate it!

    Try and make it a little more convincing next time.
    • Hall1107
    • By Hall1107 19th May 17, 8:20 PM
    • 3 Posts
    • 4 Thanks
    Hall1107
    • #4
    • 19th May 17, 8:20 PM
    • #4
    • 19th May 17, 8:20 PM
    They told me the 1000 interest is for the 2 year 0% balance that i havent paid off, my intitial balance was 1800 and today they told me 2800 please tell me they are wrong
    • zx81
    • By zx81 19th May 17, 8:28 PM
    • 16,360 Posts
    • 17,392 Thanks
    zx81
    • #5
    • 19th May 17, 8:28 PM
    • #5
    • 19th May 17, 8:28 PM
    What has been appearing on your statements?
    • SnowTiger
    • By SnowTiger 19th May 17, 8:34 PM
    • 3,251 Posts
    • 2,219 Thanks
    SnowTiger
    • #6
    • 19th May 17, 8:34 PM
    • #6
    • 19th May 17, 8:34 PM
    They told me the 1000 interest is for the 2 year 0% balance that i havent paid off, my intitial balance was 1800 and today they told me 2800 please tell me they are wrong
    Originally posted by Hall1107
    On the face of it, that's wrong.

    However, as is often the case, I suspect you've forgotten to tell us a few important details.

    My first thoughts are that you've been spending on the card and haven't been paying attention to your statements.
    • Hall1107
    • By Hall1107 19th May 17, 8:46 PM
    • 3 Posts
    • 4 Thanks
    Hall1107
    • #7
    • 19th May 17, 8:46 PM
    • #7
    • 19th May 17, 8:46 PM
    I have just rang Tesco bank to clarify the charges, and... they have MADE A MISTAKE!!!
    They dont know why the agent this morning told me that and the correct charge is 26! Thank you for making me question this!
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