Hi all,
As per the title, is interest applied if I purchased an item over £99, but then it gets partially refunded?
Let's say I purchase a few items of clothing and the total comes to £110. This will take me over the £99 threshold where 0% interest is applied for 4-months. However, if I then return a couple of items and it brings the total price down to say £80, will my account be charged interest?
Also, what happens if I have my repayments set to a fixed amount each month, have paid some off, then get a refund, how is that handled? Will the interest be retrospective or just on the amount left, if at all?
Or, is it that as long as the initial price paid is above £99, the 0% for 4-months is applied regardless of refunds or if no initial payment has been made or if a number of repayments have been made?
Cheers
Mitch
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