Don’t credit these card cheques
Yet more junk mail - this time a sheet of credit card cheques ready printed with my name from MBNA.
The credit card companies want us to believe they’re a pain-free way to have all the things we want but can’t afford.
In fact, many providers charge the same astronomical interest rates for cheques that they apply to cash withdrawals (often between 20 and 30 per cent) - and allow no interest-free period, so their profits start clocking up right away.
Mine always end up in the same place: the shredder.
It’s all they’re fit for.
