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I have received a letter telling me I’ve been charged a Default Sum on my Credit Card. What does this mean?
A Default Sum is a fee that has been applied to your account. These are usually applied when a payment has been missed or if your account balance exceeds the agreed credit limit.
If you are unsure why you have been charged this fee or are struggling with your payments, please contact us on 0345 671 0677* to discuss. Lines open Mon-Thu 8am-9pm, Fri 8am-8pm and Sat 8am-5pm.
Calls may be recorded. *This number may be included as part of any inclusive call minutes provided by your phone operator.
This answer specifically relates to Tesco Bank Credit Cards.
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- I have received a letter telling me I’ve been charged a Default Sum on my Credit Card. What does this mean?
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