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Credit card interest charges - gambling

Katchit · 2007-04-17 07:17:47

Just got my credit card bill, Tesco, and my transactions with Boylesports have been charged interest, even though the previous bill was fully paid. When I phoned Tesco, they advised me that all gambling transactions are now treated as cash withdrawls rather than purchases and subject to interest - apparently the government…

17-04-2007 7:17am

#1

Katchit

Registered Users, Registered Users 2 Posts: 20 ✭

Join Date: April 2007

Posts: 12

Just got my credit card bill, Tesco, and my transactions with Boylesports have been charged interest, even though the previous bill was fully paid. When I phoned Tesco, they advised me that all gambling transactions are now treated as cash withdrawls rather than purchases and subject to interest - apparently the government made this ruling a couple of months ago - has anyone heard of this ?

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