aR
adhir R

1 reviews | Active since Mar 2009

16 Aug 2017, 15:32

interest charged

I received my credit card statement and the balance was R6550.12 which I made payment of R6500. I had a balance of R50.12 and then received a cash back of R26.21 resulting in a balance of R23.91

I get charged interest of R133.39 because I didn't settle my account in full. I had a balance of R23.91, but the interest is R133.39

Is this not ****************...

I will be cancelling my Credit card with Discovery...

How can the interest be more the debt outstanding.

0
Replies (1)
Discovery Bank
Discovery Bank's reply17 Aug 2017, 09:57
Official

Hello mrar

Thank you for your comments and for bringing this matter to our attention.

We sincerely apologise for any inconvenience caused in this matter.

Thank you for kind patience and understanding.

Your reference number is – ***.

Regards

Discovery Card Team