Barclaycard cuts minimum repayments from July 22, doubling interest costs, warns Martin Lewis.
Martin Lewis warns Barclaycard customers of potential doubled interest costs as bank cuts minimum repayments from July 22. BBC Sounds podcast host and ITV figurehead alerts Money Saving Expert newsletter readers about changes, stating "You'll pay double." From Monday 22 July, Barclaycard reduces monthly minimum repayments, increasing the time to clear debt and interest charges.
July 16, 2024
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