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Post Office currency purchasing
Kilo1664
Posts: 1 Newbie
in Credit cards
Hi,
Does anyone know how purchasing holiday currency affects the 0% rate on the 27 month card?
I understand it has no fee for the purchase of the currency, but what happens after that?
Will it be classed as a purchase (0%)or will be be classed as a cash transaction and incure a monthly interest until paid off in full.
In other words I want to load up on holiday money and pay off the minuim payment to keep my 0% going for 27 months...
Any ideas?
Thanks....
Does anyone know how purchasing holiday currency affects the 0% rate on the 27 month card?
I understand it has no fee for the purchase of the currency, but what happens after that?
Will it be classed as a purchase (0%)or will be be classed as a cash transaction and incure a monthly interest until paid off in full.
In other words I want to load up on holiday money and pay off the minuim payment to keep my 0% going for 27 months...
Any ideas?
Thanks....
0
Comments
-
It depends on the merchant it will either be classed as a holiday (usually the travel agents) or cash withdrawal (forex services)0
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