WL
Wilna L

1 reviews | Active since Feb 2016

15 Feb 2016, 14:55

Overcharge interest rate on Credit Card

Standard Bank charges on credit card is 3% higher if your balance is below R10 000.00. My balance was not below R10 000.00 and Standard Bank increased my interest rate with 3% without any just cause in May 2015. I brought it to their attention and they reversed the transaction - just to reverse it again in August 2015 and continued to overcharge me from August to January 2016 when I reduced my credit card to below R10 000.00. Several complaints and phone calls later - I have no joy and nobody seems to be able to correct this - the answer I get is that they are waiting for a response from their IT section!<br> HOW MANY OTHER CLIENTS ARE THEY DE*****ING LIKE THIS AND HOW DO WE GO ABOUT TO EXPOSE THIS ********* BEHAVIOUR? <br>

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Replies (1)
Standard Bank
Standard Bank's reply16 Feb 2016, 13:04
Official
Hello Wilna2007,

Thank you for your posting and allowing us an opportunity to investigate your complaint.

This matter will be assigned to a resolution specialist who will contact you to resolve your complaint.

Kind regards

Complaint Resolution Centre
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