Card holders charged for being in credit

MBNA has started fining customers who have positive balances on their credit card accounts.

Swingeing rates of interest. Annual fees. Hidden charges. For years credit card companies have charged their customers for borrowing money. Now one card provider has started punishing its cardholders for being in credit.

MBNA, the American credit card giant, has written to thousands of people in the past few weeks who have inadvertently paid the company too much money.

Card holders charged for being in credit | Personal Finance | Money | Telegraph


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