Cash balance and purchase balance on Barclaycard

p1an0player

A few weeks ago I withdrew £200 cash on my Barclaycard (naughty I know).

Although I knew I would have to pay a cash advance fee, I decided to pay off the whole bill the next day to avoid interest on the cash advance (as the interest would be payable from the date of the transaction not the date of the bill).

It took a few days for the cash withdrawal to be posted on my account.
As I had paid off the whole bill, my purchases balance was -£200 (ie in credit), but my cash balance was £200 (ie owed to them). So the net result was a balance of £0.

I have contacted them and they are going to manually reset it. But I am concerned that if I had made purchases, it would have reduced the credit on the purchases balance and the cash balance would have stayed the same (which could have meant me paying interest on the cash balance).

Has anyone else experienced this?

CLAPTON

as on most cards... they pay off the debts with the least apr first and the highest last
read the t&c.

p1an0player

CLAPTON wrote: »

as on most cards... they pay off the debts with the least apr first and the highest last
read the t&c.

With respect, I am aware of those T&Cs, but that wasn't the question I was asking.