Halifax Clarity Credit Card for Travelling

YorkshireBoy

madmikey wrote: »

I've been looking through the T&Cs of this card.

You didn't get as far as condition 16.9 then?

madmikey

YorkshireBoy wrote: »

You didn't get as far as condition 16.9 then?

You're absolutely right YorkshireBoy. Thanks! To quote the T&Cs in case anybody else is interested:

"16.9 You must not make payments or transfer funds from another credit or store card to your account that would leave a credit balance on your account. We may return any funds that exceed the balance owing on your account to the account from which the money has been sent."

I don't like the Halifax anyway!

eDicky

madmikey wrote: »

I don't like the Halifax anyway!

You're unlikely to find any credit card that officially permits 'preloading'.

madmikey

eDicky wrote: »

You're unlikely to find any credit card that officially permits 'preloading'.

I've had credit balances on several cards over the years. In fact I've got one on my Barclaycard at the moment. However most of these cards charge a fee for withdrawals from an ATM.

My reasons for not being keen on the Halifax is that admittedly a long time ago they incorrectly applied charges several times and it was a nightmare dealing with customer services. More recently my girlfriend has a data protection issue when they transferred several of her accounts to somebody else with the same name. She may have been none the wiser had it not been for the other client getting in contact. They still haven't apologised.

fifeken

adindas wrote: »

This is due to its nature as a Credit Card which is mainly intended for purchase, and not cash withdrawal. So it will never be able to beat its counterpart, the Zero fee for foreign transaction Debit Card.

Not "never". There are occasions when you'll be better using a Credit Card than a Debit Card.

grumbler

eDicky wrote: »

You're unlikely to find any credit card that officially permits 'preloading'.

madmikey wrote: »

I've had credit balances on several cards over the years.

The key word was "officially". In UK drivers aren't permitted to pass roundabouts without giving any signals, but most keep doing this without ever getting punished.

Also, often preloading can be a result of other actions that are beyond the card holder's control, e.g. DDs and refunds.

adindas

fifeken wrote: »

Not "never". There are occasions when you'll be better using a Credit Card than a Debit Card.

Example ?
Here we are talking about fee free cash withdrawal and we are comparing like for like e.g. Visa vs Visa and Master Vs Master . ....

chattychappy

adindas wrote: »

Example ?
Here we are talking about fee free cash withdrawal and we are comparing like for like e.g. Visa vs Visa and Master Vs Master . ....

I prefer the regulatory environment of credit cards - better statutory protection in the event of disputed payments where the issuer claims negligence.

Practically it is easier for me to apply and hold multiple CCs than have multiple current accounts. I can carry several cards - if one doesn't work, I just try the next one. I don't have to think ahead to load up the current accounts I might need to use.

adindas

chattychappy wrote: »

I prefer the regulatory environment of credit cards - better statutory protection in the event of disputed payments where the issuer claims negligence.

That is a good point for purchase in foreign currency. But you will not get S75 protection for cash withdrawal anyway.

I never say not to have zero fee for foreign transaction CC. Having both of them is a better option. One for cash withdrawal, one for purchase in foreogn currency which could also work as a backup.

chattychappy

adindas wrote: »

That is a good point for purchase in foreign currency. But you will not get S75 protection for cash withdrawal anyway.

I wasn't referring to S75, which as you correctly say is nothing to do with cash withdrawals.

It is the rules govening credit tokens laid down elsewhere in the act. Put simply, beyond £50 (if provided for in the T+Cs), any attempt to hold a cardholder liable for negligence is unenforceable. This only applies to debit cards if you are overdrawn. Whilst I'm sure nobody here sets out to be negligent, I'm reassured to know that it isn't even an argument that a CC can run in the event of disputed payments.