Branners Posted July 13, 2010 Share Posted July 13, 2010 So, I saw an advert flick past on Yahoo mail, it was for the BA credit card. How on earth can they justify the interest rates they are charging? Surely nobody would take out that card? Quote Link to comment Share on other sites More sharing options...
Ian C Posted July 13, 2010 Share Posted July 13, 2010 People are gullible idiots. FreE MoeNy!!!1! Quote Link to comment Share on other sites More sharing options...
Pixelfill Posted July 13, 2010 Share Posted July 13, 2010 Amex have always had high interest rates. the idea was that you paid off the credit card each month. but 45% Mike Quote Link to comment Share on other sites More sharing options...
RiceRocket Posted July 13, 2010 Share Posted July 13, 2010 How far does 18,000 BA miles get you? Quote Link to comment Share on other sites More sharing options...
SupraStar 3000 Posted July 13, 2010 Share Posted July 13, 2010 during a volcano eruption,... maybe a few laps around the departure lounge. Quote Link to comment Share on other sites More sharing options...
geordie82 Posted July 13, 2010 Share Posted July 13, 2010 bloody hell thats 3 times as much as most cards, quess i will be staying away from amex Quote Link to comment Share on other sites More sharing options...
Charlotte Posted July 13, 2010 Share Posted July 13, 2010 Desperate people with a low credit score maybe...? Quote Link to comment Share on other sites More sharing options...
JustGav Posted July 13, 2010 Share Posted July 13, 2010 You not seen provident's APR then? If you borrow £300, you will pay back £10.50 over 52 weeks, which adds up to £546. Typical 272.2% APR and by no means the highest either... Quote Link to comment Share on other sites More sharing options...
geordie82 Posted July 13, 2010 Share Posted July 13, 2010 damn im so glad i have a good relationship with my bank, really feel for people that have no option and get stung with these rediculous intrest fees Quote Link to comment Share on other sites More sharing options...
Lbm Posted July 13, 2010 Share Posted July 13, 2010 Well if Burt Reymolds has one, I shall have one. Quote Link to comment Share on other sites More sharing options...
Ewen Posted July 13, 2010 Share Posted July 13, 2010 I saw this on TV...2689% APR http://www.wonga.com/money/money-hour?B=208&A=46&TargetURL=http%3a%2f%2fwww.wonga.com%2fmoney%2fmoney-hour&SubAffiliateID=money&gclid=CLO8y42g6aICFQT92AodZEA0uw Quote Link to comment Share on other sites More sharing options...
ivan Posted July 13, 2010 Share Posted July 13, 2010 Not a problem if you pay off the balance every month - no interest then. Quote Link to comment Share on other sites More sharing options...
paulrenn Posted July 13, 2010 Share Posted July 13, 2010 APR is like BHP isn't it, the higher the better! Bragging rights Quote Link to comment Share on other sites More sharing options...
Fitz Posted July 13, 2010 Share Posted July 13, 2010 I saw this on TV...2689% APR http://www.wonga.com/money/money-hour?B=208&A=46&TargetURL=http%3a%2f%2fwww.wonga.com%2fmoney%2fmoney-hour&SubAffiliateID=money&gclid=CLO8y42g6aICFQT92AodZEA0uw I noticed that too I almost wet myself Quote Link to comment Share on other sites More sharing options...
Miguel Posted July 13, 2010 Share Posted July 13, 2010 Well BA have to turn a profit somehow. Quote Link to comment Share on other sites More sharing options...
Nick Posted July 13, 2010 Share Posted July 13, 2010 18,000 miles isn't bad. 20,000 will get you an upgrade from economy to premium or premium to business from London to Tokyo. APR on the standard card is a lot less at 19.9%. http://www.americanexpress.co.uk/compare-cards.html?page=PR Worth it if you travel a lot and pay your bills on time otherwise it's like any other card, money down the drain. Quote Link to comment Share on other sites More sharing options...
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