<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "& nbsp; In three months, I made payments with my Tesco credit card to the student loan company. "data-reactid =" 26 "> In three months, I made payments with my Tesco credit card to the Student Loan Corporation.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "It was to help my granddaughter repay her student loan."data-reactid =" 27 ">It was to help my granddaughter repay her student loan.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "At first, I checked the conditions and, as a result, these three initial payments were processed at no additional cost. "data-reactid =" 28 ">At first, I checked the conditions and, as a result, these three initial payments were processed at no additional cost.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "GN, Scotland "data-reactid =" 29 ">GN, Scotland

However, you made other payments.

The next has incurred "entry fees" of £ 159.60 plus 10.15 interest.

You phoned the credit card company to inform you that the terms and conditions had been changed on May 31, 2018.

From there, these payments were classified as cash advances and were therefore charged at 3.99 pc plus interest.

Tesco Bank says it has informed customers. He first asserted that you had received a notice of change with your statement by e-mail last April.

I pushed for clarification and it turned out that it had not been as clear as it implied.

Under "Significant Changes to Your Credit Card Agreement", he summarized his updated terms and conditions, stating, "We are in the process of changing the types of transactions we classify as cash.

"We have updated your agreement to distinguish between cash withdrawals and cash transactions."

It's part of a long list of other things you do not care about.

Tesco Bank said that "since Mr. N had already done this type of transaction, we also wrote to him in May to explain when these changes would take place and what they would mean".

I asked for a copy of the letter. I thought it might have highlighted that it was a type of transaction that you had a habit of doing.

Instead, this fact was mentioned at the end of the first paragraph.

I can fully understand why you did not understand the implications of that.

You acknowledge that you should have read all the fine print, but believe that Tesco Bank is unfair to a loyal customer.

This change seems to be a nice little source of revenue for Tesco Bank.

Transactions now classified as cash in this context are gaming transactions; bank or international transfers; repayments of loans such as loans or mortgages; purchase of currencies other than sterling outside Tesco Bank; payments to prepaid or virtual cards; investments; share trading and spread spread.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Sign up for our & nbsp; for the week's most important news on personal finance, expert analysis and advice, from retirement to property to investment ideas and savings tips,weekly newsletter."data-reactid =" 62 ">Sign up for our weekly newsletter to find the most important personal finance news, analysis and expert advice of the week, from retirement to property to investment ideas and advice. 39; savings.