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How much interest will I be charged to transfer money to my current account!
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Moneysavingcg
Posts: 1 Newbie
in Credit cards
I have a Starling MasterCard account and a Vanquis Chrome Card 29.5% APR credit card.
I am aware money transfers carry a £3 or 3% fee, whichever is higher. If I was to transfer £30 to my current account, the fee would be £3, but would this be a one time fee or would I ave to pay £3 every day until I pay off my credit card for the month? Thank you
I am aware money transfers carry a £3 or 3% fee, whichever is higher. If I was to transfer £30 to my current account, the fee would be £3, but would this be a one time fee or would I ave to pay £3 every day until I pay off my credit card for the month? Thank you
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Comments
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You will pay the £3 fee plus interest of around 2p per day until you pay it off.0
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You’d pay interest on top as well.
Not really money saving per your username
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