S
stumbeline
Guest
I applied for a credit card with the PTSB in 2006. When it arrived I decided I didn’t want to use it so I never activated it (as it said I should in an accompanying letter). It has always been visible on my internet banking account but still has never been used.
This year I got charged stamp duty on the credit card. When I rang the bank to say I’d never activated it they said that the card has always been available for me to use and so the stamp duty is due. When I asked why I hadn’t been charged stamp duty any other year they said it was an oversight.
Anyone know if this is correct?
The citizens advice bureau states that:
If the credit card account is closed never having been used, no stamp duty is payable provided that you close the account in the same period as it was opened.
But is my credit card a ‘real’ card if I never activated it? Anyone know or can you point me in the right direction to find out?
Thanks
This year I got charged stamp duty on the credit card. When I rang the bank to say I’d never activated it they said that the card has always been available for me to use and so the stamp duty is due. When I asked why I hadn’t been charged stamp duty any other year they said it was an oversight.
Anyone know if this is correct?
The citizens advice bureau states that:
If the credit card account is closed never having been used, no stamp duty is payable provided that you close the account in the same period as it was opened.
But is my credit card a ‘real’ card if I never activated it? Anyone know or can you point me in the right direction to find out?
Thanks