- Report: #430339
Report - Rebuttal - Arbitrate
Complaint Review: Barclays Bank
Barclays BankNationwide United Kingdom
Barclays Bank I am simply trying to bring attention to the fact that despite the inetrest rate as low as 1%, Brclaycard still charges me 24.9% APR making every penny I pay go on interests only. I have had this account for over 10 or more years. UK Nationwide
*Consumer Comment: OP is confused -
Can someone explain if this fair? I know that when I pay the minimum it takes longer. The question is why is the low interest rate not reflected? I have heard of the 'not enforceable credits' wave. But I am very sceptical because they tend to ask for money upfront, meaning there is an element of uncertainty. Is it possible to start raising a momentum to highlight this obscene charge by Barclaycard please?
This report was posted on Ripoff Report on 03/03/2009 12:42 PM and is a permanent record located here: http://www.ripoffreport.com/r/Barclays-Bank/nationwide/Barclays-Bank-I-am-simply-trying-to-bring-attention-to-the-fact-that-despite-the-inetrest-430339. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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