Funny mail from the Bank
31 July 2007
by
Jb
Filed under
Banks + Interest rates
In a previous post I explained my debt reduction strategy, and also how I reshuffled some of my debt. One debt was transferred to Visa #1, to take advantage of low interest rate promotion they were offering to me. I got my statement in the mail today, and I noticed that there was a “Amount due immediately” line in the itemized payment section. I found this a little odd, because I was not late with a payment, or anything like that, so I was confused.
I look more closely, and it turns out that they’re requesting more money because I went over my limit! This was an amusing little thing, because I should have been just AT my limit, not OVER it.
I look even more closely, and start to laugh. It appears I’ve gone over my limit by way of the interest charge on the statement! Apparently I was supposed to leave room on the card for the interest charge, which I find funny as that’s not a charge I made, but rather one the bank made. Yet they ask for money right away. Hmm, wonder if there’s a charge for going over the limit? Oh, there it is, another $20 to pay. Jeez, talk about stupid fees! Good thing I was going to be making my payment this week anyways, guess I’ll made it a little earlier this week than planned.