You may have been charged interest for the following reasons:
- A cash advance has been made
- An electronic transfer has been debited from the account
- An overseas cash withdrawal was done
- There was a late payment made to the account
- The full end of the month balance was not paid.
- To reduce interest charges, try paying more than your minimum repayment each month. The more you pay off your balance, the less interest you will be charged. If you pay off your whole balance by the due date, you won't be charged any interest at all on eligible transactions.
Interest is calculated on the daily balances but not charged until the last calendar day of the month.