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!

Mistake-Used wrong card !! How much will it cost ?

2»

Comments

  • JJ43
    JJ43 Posts: 30 Forumite
    redpete wrote: »
    The only bit that should be attracting interest now is the £30 cash withdrawal, so pay £30 (maybe £35 to cover any cash fee) today from the current account that you meant to get the money from. Interest payable on normal purchases shouldn't be affected as far as I know. Then pay off the £400 as normal on 11/10 and £500 on 11/11. As said above the interest will just be for the £30 cash, maybe £0.02 a day.

    Yes AFAIK it's just the £30 + advance fee that will have interest payable as the rest is interest free because I usually pay it all off when it's due.
    Think I'll do what you suggest as just pay an extra £30ish today when I go to the bank later.
  • callum9999
    callum9999 Posts: 4,436 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    JJ43 wrote: »
    Yes AFAIK it's just the £30 + advance fee that will have interest payable as the rest is interest free because I usually pay it all off when it's due.
    Think I'll do what you suggest as just pay an extra £30ish today when I go to the bank later.

    Ask them first - its highly likely that will just pay £30 off the interest free bit, not the cash advance.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.