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Easy credit card question
WhereAmI?
Posts: 7 Forumite
in Credit cards
I have a Nationwide Select Credit Card.
I put a large payment on it as I am expecting to have part of it refunded in a few days. I already had a balance of £150 on it, so this large payment took me to £20 below my limit.
The balance doesn't need to be paid off until the end of this month. Part of the large payment will be refunded in about two weeks. (Which is why I don't want to make a full repayment yet)
I would like to spend another £100 tomorrow on my CC but it will exceed the limit. My question is if I made a repayment of £100 tonight (paying off £100 of the CC), and made the £100 payment on the CC tomorrow (for the thing I want to buy), will it still exceed my limit? (I'm not sure if the expense of £100 would show up before the £100 repayment).
I put a large payment on it as I am expecting to have part of it refunded in a few days. I already had a balance of £150 on it, so this large payment took me to £20 below my limit.
The balance doesn't need to be paid off until the end of this month. Part of the large payment will be refunded in about two weeks. (Which is why I don't want to make a full repayment yet)
I would like to spend another £100 tomorrow on my CC but it will exceed the limit. My question is if I made a repayment of £100 tonight (paying off £100 of the CC), and made the £100 payment on the CC tomorrow (for the thing I want to buy), will it still exceed my limit? (I'm not sure if the expense of £100 would show up before the £100 repayment).
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Comments
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Why don't you send £1 to the account now, and then see what happens to the "available credit" figure?...assuming you have online access to both accounts?0
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YorkshireBoy wrote: »Why don't you send £1 to the account now, and then see what happens to the "available credit" figure?...assuming you have online access to both accounts?
It worked! Thanks0 -
Sometimes you just can't see the wood for the trees!
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