paparoach429 wrote:So my statement just posted for my CSP and its showing a 23.50 interest charge for last month. I had like $4500 charged to the card last month but before the due date I payed roughly $4450 (carrying a $50 balance). I was expecting to pay interest on the remaining $50 not whatever they are charging me for.. Does this sound right?
I have a feeling that they must have miscalculated and charged you interest on the average daily balance of your account... sounds pretty screwy to me if that isn't in line with the T's & C's of your cardholder agreement state.