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AIB credit card new T&C - explain please

  • 17-09-2010 03:22PM
    #1
    Heinlein
    Registered Users, Registered Users 2 Posts: 46 ✭


    http://www.aib.ie/personal/offers/dl-credit-card-changes

    This in particular:
    From 15th January 2011, if you pay the full balance on your current statement but had not paid the full balance on your previous statement, you will be liable for interest on the amount unpaid on the previous statement. Interest is calculated from the date of the current statement until the date full payment is credited to the account.

    How exactly is this supposed to work compared to previous T&C?


Comments

  • #2
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,869 ✭✭✭GerardKeating


    Heinlein wrote: »
    http://www.aib.ie/personal/offers/dl-credit-card-changes

    This in particular:



    How exactly is this supposed to work compared to previous T&C?

    Is this not covered in the previous paragraph?


  • #3
    Heinlein
    Registered Users, Registered Users 2 Posts: 46 ✭Heinlein


    GerardKeating wrote: »
    Is this not covered in the previous paragraph?

    One thing I don't understand is whether, at the end of the day, we are going to pay extra money compared to the previous schedule, or is it just a different way of paying same amount for interest as previously?


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