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Made a purchase on my amazon credit card

6 replies

tinkcantwaittomove · 14/08/2012 11:47

Interest on payments is 1.333
Payment was £36
What will i be charged?!
My balance us currently £947

OP posts:
Paiviaso · 14/08/2012 11:50

Um isn't this something you should talk to your credit card company about, not the AIBU forum?

vodkaanddietirnbru · 14/08/2012 11:50

the bill should give an estimated interest charge if you are paying the mninimum payment on it somewhere

redexpat · 14/08/2012 13:23

Is that APR interest? If so 947/100 x 1.3 = 12.311 over a year, without allowing for minimum payments decreasing, and the interest dereasing inline with that. Does that help?

[really hope I've got that right]

vodkaanddietirnbru · 14/08/2012 13:29

if it is the monthly interest rate (more likely at that rate) then it would be around £12/£13 interest on your next bill

redlac · 14/08/2012 13:42

Check to see if there is an interest free period (normally 50 odd days) and pay it off before then

redlac · 14/08/2012 13:43

Bugger ignore me I didn't read op properly

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