UU
User U

1 reviews | Active since Mar 2009

18 Feb 2015, 12:45

Discovery card has ****** my money

I have been a card holder for 2-3 years. I spend R50-R100k pm. I pay my balance to R0 3-4 times per month. I have never paid a cent in interest - until last month.<br> <br> I was charged over R400 in interested. I sent an email asking why this happened given that:<br> - I always pay my balance down (usually 3-4 times per month actually!)<br> - I have 55 interest free days<br> - I never draw cash (which I know is charged interest from day 1)<br> <br> In response I was sent a completely unhelpful document with transactions going back from Nov to Jan (when I know I did pay off my balance). Im a business analysis as a profession (and have actually work as an analyst for a credit card company) and I couldn't understand that document. Which means that basically that your average person certainly wont understand it - which means its pointless.<br> <br> In short, I want to know why, given that I pay my balance each month (3-4 times per month) I was charged this astronomical amount of interest.<br> <br> If you cannot answer this question for me then I want you to please shut down my account. I will rather take my business (which Im sure makes you a lot of money) elsewhere

0
Replies (1)
Discovery Bank
Discovery Bank's reply19 Feb 2015, 09:38
Official
Hello mikeymoo,

We tried contacting you earlier today, however you were not available.

We have subsequently responded to you via email

Regards

Gisela Peters
Executive Relationship Manager (FAIS)
DiscoveryCard
Discovery Vitality
Office: +***
Fax: +***
Email: ***
URL: http://www.discovery.co.za