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Credit card charges: Olympic tickets set to be paid for

People who applied for tickets to next year's Olympic Games may soon find they experience credit card charges if they do not have sufficient funds in their accounts. reveals that the money for these tickets will be coming out of people's bank accounts in the coming weeks.

However, due to the way in which people had to apply for tickets, consumers will not know how much, if any, money is coming out of their accounts.

Stefan Maryniak, personal finance expert at, says: "For many Brits getting their hands on tickets could end up costing them dear.

"Because people won't know exactly how much they're going to be charged until the money comes out, budgeting is going to be difficult. I would urge people to make sure there's enough money in their account to cover all the tickets they applied."

He added that it is very important for people to make sure their overdrafts are big enough to cover the cost of the tickets if they have spent too much over the last few bank holiday weekends.

Charles Baker

Charles is a reputed financial analyst with almost decades of experience under his belt.

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