€60 to close credit card account

eddieoregan

I phoned my bank to close my credit card account, they told me it will cost €60 to close it. €30 stamp duty is due on April 1st but revenue delayed this until July 1st and another €30 to close the account.

okidoki987

eddieoregan wrote: »

I phoned my bank to close my credit card account, they told me it will cost €60 to close it. €30 stamp duty is due on April 1st but revenue delayed this until July 1st and another €30 to close the account.

€30 should be the only bill to close your card (stamp duty) but don't understand why the bank charging you another €30?
Did they say what it was for?

eddieoregan

Yes they said €30 stamp duty was due on April 1st & another €30 for this year!

Calahonda52

eddieoregan wrote: »

Yes they said €30 stamp duty was due on April 1st & another €30 for this year!

https://www.revenue.ie/en/property/stamp-duty/other-stamp-duty/financial-cards/credit-cards-charge-cards.aspx

which is not 60 euro to close the account.

Kilboor

I had the same situation and was told it was because stamp duty for the last year was delayed a number of months due to Coronavirus and now we are in the next year and so both are due.

This was Bank of Ireland.

eddieoregan

€30 stamp duty for last year, & €30 stamp duty this year.

joebloggs32

Unfortunately they are correct. At anytime it is €30 to close, and you have to add in the delayed €30 also.