We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
cash from ATM on credit card?
jelliot
Posts: 30 Forumite
in Credit cards
If I withdraw cash from an ATM abroad with my Santander Zero credit card then the same day I transfer money to pay that withdrawal to make my balance zero, can I then spend on that credit card without paying any interest, as long as I pay it off in full when I get my statement?
Or should I use another credit card for spending?
Or should I use another credit card for spending?
0
Comments
-
You won't pay interest on your purchases as long as you clear the balance in full, regardless of any cash interest.0
-
You won't pay interest on your purchases
Will I pay any interest on my cash withdrawal?0 -
-
The funds will go towards statemented transactions first.
It's unlikely that an ATM withdrawal will show anything more than a reduced available balance or pending item the same day.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Will I pay any interest on my cash withdrawal?
interest from the day of withdrawal until your payments debited from your card
defintely pay some interestReplenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards