I've recently discovered that Barclaycard have been charging me 26.9% APR ! I'm an ex Eggcard customer sohad no choice in becoming a Barclaycard customer.
I've tried to complain and after being pasted from department to department, the upshot was, they are not prepared to do anything to reduce my rate.They also told me that allegedly it'sthe same rate that I was being charged by Egg, which I don't beleive but have no Egg documentation to prove otherwise.
I asked how they can possibly justify charging 26.9%, needless to say they couldn't answer that. I also asked how they can justify it in relation tothe rates of interest they pay out on savings accounts, typically nomore than 3%, 800% less !?
Credit card fraud is often talked about but in my opinion card companies getting away with this form of legalised theft is the real fraud.
Sadly I have no room on other cards which totransfer the balance but as stated to Barclaycard I will now find a way to pay off my balance and cancel my card with this bunch of crooks.
As you can tell, this really makes my blood boil, so I just thought i'd vent my spleen on here !
I've tried to complain and after being pasted from department to department, the upshot was, they are not prepared to do anything to reduce my rate.They also told me that allegedly it'sthe same rate that I was being charged by Egg, which I don't beleive but have no Egg documentation to prove otherwise.
I asked how they can possibly justify charging 26.9%, needless to say they couldn't answer that. I also asked how they can justify it in relation tothe rates of interest they pay out on savings accounts, typically nomore than 3%, 800% less !?
Credit card fraud is often talked about but in my opinion card companies getting away with this form of legalised theft is the real fraud.
Sadly I have no room on other cards which totransfer the balance but as stated to Barclaycard I will now find a way to pay off my balance and cancel my card with this bunch of crooks.
As you can tell, this really makes my blood boil, so I just thought i'd vent my spleen on here !