New 0% CC Credit Limit

sheslookinhot

I have received my second 0% CC to enable me to purchase a new kitchen. Both had Credit Limit's of £3,500 so I will add some savings for the total. However, just received one in today and although the CL is £3,500 it mentions an "advance" limit of 30% of the CL.

Anyone explain what this implies ?

Cheers

YorkshireBoy

"Advance" relates to cash advance. So it's the maximum cash advance or the maximum cash balance allowed on your account (difficult to say without knowing which card you have, but it will be explained in your T&C's...see "definitions").

sheslookinhot

Thinking about it some more, I came to that conclusion

CannyJock

sheslookinhot wrote: »

Thinking about it some more, I came to that conclusion

Worth checking that the % rate is they'll charge you on the cash advance. You might want to sit down and have a stiff drink handy before you do though When you phone their customer services people to request it, they put on a black and white striped jumper and a mask before they complete the transaction.