Abbey Zero Card

Broadwoodboy

I have taken up the Maestro's advice and obtained one of these for my holiday on the continent this year.

To avoid paying the interest on cash withdrawals, can I load on my spending money before I go and have a credit balance on which to draw? Has anyone tried this with this card?

Cheers.

jonesMUFCforever

Most credit cards won't allow a credit balance but the best people to ask are Abbey.
Won't you pay a cash handling fee anyway for cash advances?

YorkshireBoy

They may block the card if the positive balance is significant (other card providers have been known to do this).

Why not open and use a Nationwide FlexAccount for your cash withdrawals?

Don't forget to take back up cards for both cash and purchases.

Broadwoodboy

jonesMUFCforever wrote: »

Most credit cards won't allow a credit balance but the best people to ask are Abbey.
Won't you pay a cash handling fee anyway for cash advances?

My thinking is that I would not have to pay a cash handling fee were the account in credit. That worked last time with an Egg Money card, but they have a loading fee.

YorkshireBoy

Broadwoodboy wrote: »

My thinking is that I would not have to pay a cash handling fee were the account in credit.

It's not called the Abbey Zero card for nothing.

0% cash advance fee: it’s reassuring to know that with the Abbey Zero Credit Card you won’t be charged a fee if you ever need to withdraw cash from an ATM**

http://www.abbey.com/csgs/Satellite?appID=abbey.internet.Abbeycom&canal=CABBEYCOM&cid=1210610544537&empr=Abbeycom&leng=en_GB&pagename=Abbeycom%2FPage%2FWC_ACOM_TemplateB2

Broadwoodboy

YorkshireBoy wrote: »

It's not called the Abbey Zero card for nothing.

I am now thinking about your nationwide advice. If I open a Flexaccount, it means that I can load on my spending money, gain interest on it, and still have no fees for speding/withdrawing cash. Sounds like the best deal.

I am glad that we met. :beer:

simon_templar_2

You cannot load money onto the zero card, i see what the OP is thinking but they closed this loophole last year!

Broadwoodboy

simon_templar wrote: »

You cannot load money onto the zero card, i see what the OP is thinking but they closed this loophole last year!

Cheers Simon - looks like my best option is to use the Zero card for buying goods and loading a Nationwide Flexaccount for lifting money at ATM's.

andyrosenfeld

Can anyone help me please? I applied for the new abbey zero cad and I just recived both my pin and card but when i called to activate it, I was told it has been cancelled. Just wondering if this is a one-off or peculiar with Abbey as I have had bad experiences with them in the past...thanks

colinw

Broadwoodboy wrote: »

Cheers Simon - looks like my best option is to use the Zero card for buying goods and loading a Nationwide Flexaccount for lifting money at ATM's.

I have used a Nationwide Flexaccount Debit card for years abroad and it is great. I also have a Nationwide credit card to pay for foreign hotels, flights, meals etc. I then just use the ATM's with my debit card for day to day cash. Only problem I have ever had was this year when they blocked a payment for a flight with Qantas as they thought me booking lots of Aussie hotels and flights all in one day looked a bit suspicious. One phone call off them sorted all that out. I was actually thinking of getting a zero card as well as a backup just in case my Nationwide credit card ever gets blocked while I am away.

Broadwoodboy

andyrosenfeld wrote: »

Can anyone help me please? I applied for the new abbey zero cad and I just recived both my pin and card but when i called to activate it, I was told it has been cancelled. Just wondering if this is a one-off or peculiar with Abbey as I have had bad experiences with them in the past...thanks

I have not had that problem. What I have had is a problem registering for online banking. They have sent me three codes, none of which work (I await the fourth), and I have spoken to at least a dozen people on the phone.

However they have taken my complaint seriously, and as a gesture of goodwill, have deposited compensation in my Abbey Zero account.

I would get back onto them and complain. Banks are very sentitive at the moment!