Hey
I'm livid...
I cleared my balance finally at the end of April after getting a loan from the credit union, then to my shock today i checked online and my statement had printed last night and there was interest charged even though i am in credit!!!
I rang MBNA this morning and said to them i still have the terms & conditions that i signed up for saying "to avoid interest being charged to your account simply clear your balance in full before your due date" i done this and yet interest was charged..
the explaination i got was " we charged interest from the day your last statement printed until we received your payment" (my payment was received on the 30.04.08 and my statement prints on the 20th of every month) so was charged interest from 20.04 to when pymt was received on the 30.04..
Any opinion's on this please.......Thanks
I'm livid...
I cleared my balance finally at the end of April after getting a loan from the credit union, then to my shock today i checked online and my statement had printed last night and there was interest charged even though i am in credit!!!
I rang MBNA this morning and said to them i still have the terms & conditions that i signed up for saying "to avoid interest being charged to your account simply clear your balance in full before your due date" i done this and yet interest was charged..
the explaination i got was " we charged interest from the day your last statement printed until we received your payment" (my payment was received on the 30.04.08 and my statement prints on the 20th of every month) so was charged interest from 20.04 to when pymt was received on the 30.04..
Any opinion's on this please.......Thanks