Credit card cash advances

Newbie321 · 18 June 2016 at 6:07PM

Hi everyone.
Hope someone can advise please.
The last time I used a cash advance was in August 2014. I will admit that I used to use them quite a lot, when times were harder.
Now we are financially much better off, have cleared debts and saved up for a deposit for a house.
The problem is that 2 months ago we turned my sole current account into a joint account with my wife. We ordered a debit card for my wife, and at the same time an additional card holder card for my credit card account for my wife.
She has mistakenly used the credit card twice in the last 2 months to withdraw cash. Once for £20 and once for £30. There was no need to use the credit card at all, as there was plenty in the current account, but now these cash advances are showing on my credit file.
Do I need to be concerned? I have read that some lenders, understandably, don't like seeing cash advances - but will these 2 cause an issue? At the moment I am looking at Halifax for the mortgage, and have a mortgage promise from them, which was done a month ago.
Thanks

dgtazzman · 18 June 2016 at 6:23PM

I wouldn't think anybody would be concerned about small amounts like that, especially if they are just paid off at the end of the month. I sometimes use my CC for cash abroad when traveling for work, didn't give me any issues with my mortgage application, just a matter of the bigger picture. Somebody constantly taking out cash on a CC and then not paying it back or taking time to pay it back is going to set off warning lights, etc.

Thrugelmir · 18 June 2016 at 6:23PM

No is going to concerned over minor transactions that's if they are even noted. Far more interested in your overall application and whether you are likely to be a "good" customer in future years.