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Interest charges on cash withdrawls Halifax Calrity

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Comments

  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    4p per £100 per day.

    Don't stress out over it.
  • pauljoecoe
    pauljoecoe Posts: 223 Forumite
    PeacefulWaters wrote: »
    4p per £100 per day.

    Don't stress out over it.

    Look after the pennies.......:)
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    PeacefulWaters wrote: »
    4p per £100 per day.

    Don't stress out over it.
    It's a representative APR, not the one for all customers.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    grumbler wrote: »
    It's a representative APR, not the one for all customers.

    But still pennies whatever the rate, even at 50% it's still only 14p per day per £100.
  • knightstyle
    knightstyle Posts: 7,299 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We use the Clarity card for all uor shopping and cash withdrawals whilst abroad. We pay in slightly more than the cash withdrawn straight away and pay the remainder when the statement comes through. No problem and almost no interest.
    I have also arranged for a payment to be made a few days after arriving abroad before we leave, see your bank about deferred payments.
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    grumbler wrote: »
    It's a representative APR, not the one for all customers.
    Indeed.

    The highest rate is 6p-7p per £100 per day.

    Don't panic!
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 2 April 2016 at 8:52PM
    Well, I just was being pedantic.
    At 1.95% p.m. it's getting close to what most debit cards charge for conversion. Without extra/early payments the cost of a withdrawal can get as big as ~3.5%
This discussion has been closed.
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