We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
credit card charge?
gwent_2
Posts: 1 Newbie
in Credit cards
If I want to open savings account using my credit card as an opening deposit. will i be charged interest on my c.c. as cash withdrawl or will it be classed as a purchase?
0
Comments
-
How do you want to do this? What credit card?gwent wrote:If I want to open savings account using my credit card as an opening deposit.
No way this can be classed as a purchase, although with some cards you can avoid paying interest during 0% introductory offer on balance transfers. Read this Martin's articles: Super BTs , Stoozingwill i be charged interest on my c.c. as cash withdrawl or will it be classed as a purchase?
See also: http://www.stoozing.com/full.htm0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.7K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.9K Mortgages, Homes & Bills
- 179K Life & Family
- 263.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards