Halifax Clarity and Halifax Debit card

starM

Hi,

Anyone know what is the maximum amount can be withdrawn with Halifax Clarity credit card and on Halifax debit card?

Consider to take out 5k on Clarity card and 5k on my Halifax debit card.

Thanks

PeacefulWaters

£500 on each via ATM.

Branch limits are, I think, £2,500 but you can give a couple of days notice to get more.

Remember you'll pay interest on the Clarity card.

No_6

WHY it will cost .....???


6

YorkshireBoy

The credit card will almost certainly have a cash limit of 50% of the credit limit.

starM

I will need funds urgently. I have 0 percent offers at Barclaycard and MBNA. Once I have withdrawn money I can do a BT.

I will have to pay only afew days of interest on my Halifax card.

Yawn

starM wrote: »

I will need funds urgently. I have 0 percent offers at Barclaycard and MBNA. Once I have withdrawn money I can do a BT.

I will have to pay only afew days of interest on my Halifax card.

You may not have a choice in the matter, but bear in mind that cash withdrawals on a credit card will appear on your credit report and may hurt your score...

bigadaj

Yawn wrote: »

You may not have a choice in the matter, but bear in mind that cash withdrawals on a credit card will appear on your credit report and may hurt your score...

Though of course your credit score is meaningless, it's the file that's important.

Given that many if not most people will utilise the clarity card for cash withdrawals whilst abroad then taking cash out won't be a huge issue if it is only done occasionally.

chattychappy

Yawn wrote: »

You may not have a choice in the matter, but bear in mind that cash withdrawals on a credit card will appear on your credit report and may hurt your score...

I withdraw cash on Clarity and Zero regularly.

My "score" on Experian was 999 when I last checked via the Barclaycard free service.

I believe cash advances, though marked, are only negative when combined with other factors - eg paying minimums, missed payments etc. Afterall, it is a service that is actively promoted so it would be odd if lenders took the view that taking up their offer is negative.