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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Post Office Credit Card
Richchad
Posts: 559 Forumite
I was going to use my Post Office credit card to buy Euros before going to Italy later this year as they don't charge commission.
I know they aren't the best rates but not much different to most other online rates and buying online elsewhere means paying with my debit card which gets a charge of £4.50.
My question is with the PO credit card will I be charged interest like other credit cards if paid off immediately?
I know they aren't the best rates but not much different to most other online rates and buying online elsewhere means paying with my debit card which gets a charge of £4.50.
My question is with the PO credit card will I be charged interest like other credit cards if paid off immediately?
0
Comments
-
As far as I know all credit cards charge interest from the day of transaction for cash withdrawals, though the PO mastercard is one of the better ones for foreign currency loading. Around 1 percent I think.
*j*
sorry, should have read OP more carefully....I know that the Halifax card doesn't allow the immediate paying-in the avoid interest. Let's be reasonable, now...they have to make a little money somehow!!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards