Barclays Bank
I am simply trying to bring attention to the fact that despite the inetrest rate as low as 1%, Brclaycard still charges me 24.9% APR making every penny I pay go on interests only. I have had this account for over 10 or more years. UK

I have been with Barclys for over 10 years now. I have been on the 24.9% APR. Don't ask why I have not moved for now. I have since noticed that due to low interest rate of 1%, Barclaycard has been offering new customers very lower rates and leaving us the old customers with this whooping 24.9% APRs.

Can someone explain if this fair? I know that when I pay the minimum it takes longer. The question is why is the low interest rate not reflected? I have heard of the 'not enforceable credits' wave. But I am very sceptical because they tend to ask for money upfront, meaning there is an element of uncertainty. Is it possible to start raising a momentum to highlight this obscene charge by Barclaycard please?

P
WELLING
United Kingdom

Company: Barclays Bank
Country: United Kingdom
Region: Nationwide

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