[Richard75]

Unknown transactions
On my new statement (13/11/24) I have been charged for 2 unknown transactions-
22/10/24 Cash Transaction Fee £0.92
13/11/24 Intrest £0.36
Please explain what these are for?
I have never used my card to withdraw cash so I don't understand what these
are for?
Regards

Richard Dow

[ChristopherP]

@Richard75 Hey Richard, thanks for getting in touch!

When you make a cash transaction, we charge a fee of 3.99% and interest at your standard cash transaction rate. This is from the date of the transaction until the date this cash balance is paid.

We consider the following types of payments to be cash transactions: gambling transactions, wire/international money transfers, repaying borrowing, purchasing non-Sterling currency outside of Tesco, payments to prepaid or virtual cards, purchasing gift cards, investments, share trading and spread betting.

Have you made any of these types of payments? If so, you will see interest charged over two statements. The first statement will show the cash transaction fee and the interest from the date of the transaction until the statement came out.

The second statement will show interest accounting for the period between the first statement coming out and the balance being paid in full. After this there’d be no more interest applied to this specific transaction.

I hope this clarifies things for you.