HALIFAX Debit card - online foreign payment fees.

opinions4u

G-STAR01 wrote: »

Interesting.
I've never had a credit card before, not sure whether I should get one.
I don't often buy from abroad.

Get one. No fee. Use it. No fee. Clear the balance fully before the due date. No fee. No interest.

Credit cards only become unkind when you start paying fees and interest. Very easy to avoid.

G-STAR01

opinions4u wrote: »

Get one. No fee. Use it. No fee. Clear the balance fully before the due date. No fee. No interest.

Credit cards only become unkind when you start paying fees and interest. Very easy to avoid.

Bit confused with these APR and withdrawals.
Do I need to keep a certain amount in bank?

Say I want to buy something for £50 and before buying I deposit the £50, so I never go into overdraft or dept, then I won't have a problem at all? No extra payments or interest or fees?

opinions4u

G-STAR01 wrote: »

Bit confused with these APR and withdrawals.
Do I need to keep a certain amount in bank?

Say I want to buy something for £50 and before buying I deposit the £50, so I never go into overdraft or dept, then I won't have a problem at all? No extra payments or interest or fees?

You purchase goods on the card.

You get a bill once a month listing what you've spent.

If you pay the bill in full within an agreed number of days you pay no interest. If you pay less than the full amount you get charged interest.

G-STAR01

opinions4u wrote: »

You purchase goods on the card.

You get a bill once a month listing what you've spent.

If you pay the bill in full within an agreed number of days you pay no interest. If you pay less than the full amount you get charged interest.

Oh, thanks for the info.

Gromitt

G-STAR01 wrote: »

Say I want to buy something for £50 and before buying I deposit the £50, so I never go into overdraft or dept, then I won't have a problem at all? No extra payments or interest or fees?

You can't normally 'pre-load' a credit card. You spend on it, get the bill, pay it off, or get the bank to pay it off for you via a DD.

G-STAR01

Gromitt wrote: »

You can't normally 'pre-load' a credit card. You spend on it, get the bill, pay it off, or get the bank to pay it off for you via a DD.

Don't really that idea to be honest.
I like spending what I have so I can easily manage it and never over spend.
I like it when money comes straight out of the bank instead of getting a bill at a later date.