We provide an estimated interest figure on your statement each month. This is how much we expect will be added to your following month’s statement. The estimated interest is based on the minimum payment reaching us by the payment due date.
However, this is just a guide and will vary depending on when we receive your payment, your payment amount, and if you use your card before the next statement date.
If you had cash transactions during the billing period, your interest is likely to be higher than estimated. This is because cash interest is charged on a daily basis from the transaction date.
