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Egg Money has anyone ever been charged a 3% cash advance fee for gambling ?
bilbo_2
Posts: 448 Forumite
in Credit cards
Egg Money has anyone ever been charged a 3% cash advance fee for gambling ?
0
Comments
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Hi there
Just so you know, most card companies treat payments for gambling and payments on gambling websites as cash advances; this is standard practice. You will also be charged interest from the day of the purchase.
I hope this helps.
KiKi' <-- See that? It's called an apostrophe. It does not mean "hey, look out, here comes an S".0 -
Thanks for the reply KIKI
I believe egg money are a different animal and want to ask anyone if they have actually been charged by egg money0 -
I have never gambled so have no experience, but Egg Money do work in the same way if you are using them as a credit card.
If you are in credit with them, I'm not sure what the practice is.
KiKi' <-- See that? It's called an apostrophe. It does not mean "hey, look out, here comes an S".0 -
Egg money say they work in the same way and its in the terms and conditions that they charge 3% BUT I believe they have never updated the systems
Thats why I ask
has anyone ever been charged a 3% cash advance fee for gambling with Egg Money?0 -
But surely systems were updated by all card companies to START charging the 3%? AFAIK they def charge the 3% if you're in negative balance, don't know for positive balance. At best it'll go through as a cash transaction, you'll be charged processing fees by the bookie and won't get any cashback - so best to use a debit card!0
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