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Stupid question??? Cash on credit card
BigTone
Posts: 153 Forumite
in Credit cards
If I take some cash out on a credit card the pay it bask in next wed, 2nd feb, will I pay any interest on it?
Debt 2007 = £30,000
Debt Aug 2012 = £600
Debt Jan 2014 = £15,000
Debt Aug 2012 = £600
Debt Jan 2014 = £15,000
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Comments
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Yes you will0
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Interest is charged from when you withdraw it.Payment a day challenge: £236.69
Jan Shopping Challenge: £202.09/£250
Frugal Living Challenge: £534.64/150000 -
Plus you may have to pay a withdrawal fee, unless you have one of the very select few cards that don't charge a fee.Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
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