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Royal Bank Visa / Fraudulent interest charges

1 Canada

I was just told that interest charges against accidental are fraudulent charges are only reversed up until the day you report and dispute charges. Otherwise interest charges are applied for all days a fraudulent charge sits on your account until you discover it. Which my banking statement only comes monthly. A change to the wording at royal bank visa permits you not to be interest free for a month on current transactions if you carry any balance.

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