Can I transfer money from my aqua card...

biged670

Hiya guys can I transfer money from my aqua card to my bank account and if so how much will it cost???

stephane_2

You cannot transfer cash to your bank account with Aqua, you could withdraw cash as cashpoint but interest are likely to be around 30% added from day one until it is repaid in full.

biged670

So for example If I withdrew £100 at a cash point, I would be charged 30% interest a day? How about if I just paid my statement in full once I received it???

stephane_2

You need to check your terms & condition for your rate, but let say it is 30% (annual) then it will be added from day one until repaid. I believe that the 56 days interest free if paid in full do not apply to cash withdrawal

biged670

Cheers for the info

CannyJock

biged670 wrote: »

So for example If I withdrew £100 at a cash point, I would be charged 30% interest a day? How about if I just paid my statement in full once I received it???

Try looking at their summary box http://www.aquacard.co.uk/content/content.aspx?dsid=607

You will be charged a 3% fee, so £3 right away, then around 10p per day in interest until you clear your card balance in full. Very expensive way to borrow money.

biged670

cheers guys