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Capital One - Cash Withdrawal

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  • OceanSound
    OceanSound Posts: 1,482 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    T-G-C wrote: »
    ....
    Will the cash fee + daily interest accumulated between now and the 12th December (my statement date) be added? As soon as that statement is issued, I can pay the full £33 plus interest to get rid of and forget about the cash advance on my card, correct?
    molerat wrote: »
    If the last statement was paid off in full then anything paid now will be allocated against the cash withdrawal as there is nothing left to pay on the old statement and the cash has the higher interest rate. Interest is only about 2.5p a day but paying off now will keep it down The fee and interest will appear on the next statement and if you pay the cash withdrawal amount now that will be the end of it.
    So the fee will not appear (in recent transactions) as soon as the transaction is processed? It will only appear when the next statement is produced?
  • How can your next statement be due on the 12th December when we aren't even at the 12th November yet?
  • OceanSound
    OceanSound Posts: 1,482 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    SuperAllyB wrote: »
    How can your next statement be due on the 12th December when we aren't even at the 12th November yet?
    It can be if the OP was made on 08 December 2017 :)
  • Don’t resurrect a nigh on year old post then
  • OceanSound wrote: »
    It can be if the OP was made on 08 December 2017 :)

    I normally spot these things :o
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