A LECTURE ON HOW TO REDUCE MY BALANCE

I got a letter from MINT asking/telling me to ring a number for a review into how I conduct my account

My account currently has a balance of £4100 ( interest free for 12 months with a credit it limit of £9000)

I was "invited" to increase I was repaying on this card ( last 3 paymnets total £650 --minimum paymnet currently £100 per month)

I was told I would be "be better off" paying back more

As I am on interest free and am a "rate tart" -- ie will move to another interest free I said why --as even with transfer fees I am borrowing at 2.98% per annum APR

Pointed out I could be investing this in an ISA at 3.36 for 1 year

Lecture continued as to this wa snoit worth it --think about it borrow at 2.98 receive 3.36 tax free !!

Was told Credit limit would be reduced --fine

Was going to cancel card at 1st opportunity but decided to drive them daft instead

I bank on line and am in credit so I will be sending them 10+ small paymnets each month to reach the minimum.Then when I transfer at the end of the interest free period I will leave the account £1.01 in credit ( just above the miminimum written off amount)

Why have they got their knickers in a twist
==because credit card companies share end of month balance information

ie they knew the combimd balance on my cards for Feb
--did they bother asking why it had gone up overall??--NO!
The fact that the card I use and pay in full each month had a 29/02/12 liabliity of 6k ( paid off in full on 06/03/12) seemed to have coincerned them

OR WAS IT THAT I HAD JUST TAKEN NATWEST TO THE OMBUDSMAN AND WON --have anything to do with it

NO SOUR GRPAES BOYS --Natwest decide randomly to change my account and MINT decide to ring me -FOR THE FIRST TIME EVER

NATWEST CUSTOMER OF 43 years /MINT OF 13 YEARS-

MINT --THE BANK WITH A HOLE!!