Muleing with a Santander Zero atm withdrawals?

So I've not even really started my slow stooze plan, and I noticed something interesting on my Santander Zero card statement.

As per the Santander page on the card, my statement says "Cash Transactions Fee 0.00% (minimum £0.00)"

Does this mean I could withdraw cash with my Zero card until I was approaching the limit of my Nationwide select, and then transfer the balance for 0.25%? I cannot imagine what else "cash transactions" means, but I also cannot find anything explicitly stating that it means ATM withdrawals.

Thanks in advance


  • TartanSaver
    TartanSaver Forumite Posts: 198
    Eighth Anniversary Combo Breaker
    I should add that I'm aware interest will be charged daily from the day of withdrawal, but the monthly rate is 2.07%, so it should cost, at the most, about £3 for £1850.
  • gwapenut
    gwapenut Forumite Posts: 1,270
    Part of the Furniture 1,000 Posts Name Dropper
    I'm not sure, but don't lots of credit card cash withdrawals (even for zero) aversely affect your credit report?
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