Nedbank
Rediculous Credit card charges

NEDBANK CHARGES

We are being ripped off by one particular bank; Nedbank has been charging me for service fees on my cheque acc. for the last three years, ranging from between R139 and R153.equaliing a total of R850. Recently I checked my credit card statement and discovered that from the monthly instalment of R620, R400 is going to bank charges every month, This is being charged every month. Finance charge; R167.58 Budget principal instalment; R94.09 Budget finance charge; R31.20 Payment protection plan; R52.74. I never check these things; I wonder what the interest rate is like on this card. can somebody please tell me if these charges are legal, what do the other banks charge?

Company: Nedbank
Country: South Africa
City: Southdale

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