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Credit Card for Spending Discussion Area
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alexlg said:
I am 99% certain it will NOT count as a purchase and WILL incur interest and charges VERY LIKELY to be higher than those charged by a bank.Reynolt said:Hi, can someone advise me on this please? If I use my new M&S credit card with 0% on purchases for 24 months to pay off a loan to a bank, does that count as a "purchase" or will this incur interest/fees?
It doesn't really matter how they will classify it as it's far more likely the lender won't accept a credit card payment for a loan
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