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If I cancel Credit Card now will i still be liable for Gov Duty Next april?

LaGlisse · 2014-08-11 19:15:16

As the thread title says, finally got my credit card paid off , it was a long slog. Just wondering does the Gov E40 in april cover the year gone or the year to come? Prob going to cancel it, as far as I can see the only thing i might need it for that my Visa Debit wont cover is car hire. Just wondering if I cancel it now…

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11-08-2014 8:15pm

#1

LaGlisse

Registered Users Posts: 486 ✭✭

Join Date: July 2013

Posts: 461

As the thread title says, finally got my credit card paid off , it was a long slog. Just wondering does the Gov E40 in april cover the year gone or the year to come? Prob going to cancel it, as far as I can see the only thing i might need it for that my Visa Debit wont cover is car hire.
Just wondering if I cancel it now will i still get hit with the charge next april?
Cheers

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#2 11-08-2014 8:22pm
The_Morrigan

Registered Users Posts: 9,368 ✭✭✭

Join Date: January 2010

Posts: 8655

The charge is a retrospective charge so will be applied when you close the account. I fought that with my bank as the terms I signed up to didn't state that it was paid in arrears..they had one annual charge stipulated so when they tried to charge it again I refused.

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