BookWorm's MFW Chapter

BookWorm

Thrifty day today as used some JL coffee and cake vouchers for a friend and I over lunchtime. Was nice to get away from work and have a good chinwag

6 more working days :cool:

BookWorm

:j it's the weekend... and a lovely long one at that

A_Frayed_Knot

Have a nice one

BookWorm

Feeling :mad: with myself tonight. Just received my new cc statement and there was an interest charge showing on it - only a small one but I was still :eek: I called the cc company and they told me it was because I purchased some foreign currency on the card earlier in the month. Even though it was an online order, they still classify it as a cash transaction. I wasn't aware and have paid interest for the time since the transaction. I'm so peeved for not realising that and paying unnecessary interest. :doh: Hoping it doesn't affect my credit record in any way as I always pay on time and don't incur charges, etc

BookWorm

A_Frayed_Knot wrote: »

Have a nice one

Thanks AFK

User1489

BookWorm wrote: »

Feeling :mad: with myself tonight. Just received my new cc statement and there was an interest charge showing on it - only a small one but I was still :eek: I called the cc company and they told me it was because I purchased some foreign currency on the card earlier in the month. Even though it was an online order, they still classify it as a cash transaction. I wasn't aware and have paid interest for the time since the transaction. I'm so peeved for not realising that and paying unnecessary interest. :doh: Hoping it doesn't affect my credit record in any way as I always pay on time and don't incur charges, etc

I had this recently - towards the end of the month I took out £10 in cash to get my hair cut as I was just a few quid short. Paid the money the next day as it was a payday, but still got charged 1p interest which I then had to make a penny payment for. It's the first interest I've accrued on a credit card in about 15+ years. Felt bad, but really, a penny!

hiddenshadow

BookWorm wrote: »

Feeling :mad: with myself tonight. Just received my new cc statement and there was an interest charge showing on it - only a small one but I was still :eek: I called the cc company and they told me it was because I purchased some foreign currency on the card earlier in the month. Even though it was an online order, they still classify it as a cash transaction. I wasn't aware and have paid interest for the time since the transaction. I'm so peeved for not realising that and paying unnecessary interest. :doh: Hoping it doesn't affect my credit record in any way as I always pay on time and don't incur charges, etc

If you pay on time your credit will be fine.

Annoying that they classified buying currency as a cash advance! I suppose it kind of makes sense (they're technically lending you cash), but it would be nice if they were explicit about things.

BookWorm

rasputin_thorpedo wrote: »

I had this recently - towards the end of the month I took out £10 in cash to get my hair cut as I was just a few quid short. Paid the money the next day as it was a payday, but still got charged 1p interest which I then had to make a penny payment for. It's the first interest I've accrued on a credit card in about 15+ years. Felt bad, but really, a penny!

Thanks RT - first time in a long time I've paid interest too. Know not to do it again!

hiddenshadow wrote: »

If you pay on time your credit will be fine.

Thanks Hidden - good to know that.

hiddenshadow wrote: »

Annoying that they classified buying currency as a cash advance! I suppose it kind of makes sense (they're technically lending you cash), but it would be nice if they were explicit about things.

Yes indeed. It's a card that is fee free on a foreign transactions too so I thought it would be ok. Lesson learned

BookWorm

In contrast to last night's *hiccup* - I've woken to the news that I won a £10 voucher in the RM survey draw :T

Also made a £10 OP with the leftovers of wages from the previous month. I did have more than that in the end (turned out to be a slightly more frugal month than expected on the cashfront) but I've allocated that to savings for some of the cc spending that I know is due when I get back from hols.

A_Frayed_Knot

:T Well done on the £10 voucher win, which you then o/p from your cash left overs. Good going :T