Do "Curve Fronted" transactions count as "Purchases" on the underlying card?
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Fingerbobs
Posts: 1,649 Forumite
Just opened a Halifax 0% Purchases card, with the intention of just "slow-stoozing" by using it for my day-to-day spending (plus a moderate amount of mnfrd. spend) until it's full.
However, it just struck me that, with easy-access savings interest rates in excess of 5% available, it would actually cost in to cough up the 1.5% Curve Fronted fee and fill the card up in one hit.
As this isn't a Curve feature I've ever used before, I'm wondering if these transactions are counted as "Purchases" on the underlying card?
TIA
However, it just struck me that, with easy-access savings interest rates in excess of 5% available, it would actually cost in to cough up the 1.5% Curve Fronted fee and fill the card up in one hit.
As this isn't a Curve feature I've ever used before, I'm wondering if these transactions are counted as "Purchases" on the underlying card?
TIA
0
Comments
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This is exactly what I started doing about a month ago. The transactions do appear on the underlying card as purchases.
Be aware that the fee gets added to the underlying card so don't let this push you over the credit limit. Also, from 15 Nov, the 1.5% fee increases to 2.5%. If you're on the free curve account I'd take a look at the premium tiers and see if any of those would allow you to be more profitable
https://cdn.buttercms.com/QXzvmJHVQW2prbOWFVmY
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They're going to limit the GBiT feature to three occasions a month? There's probably no point having it thenI consider myself to be a male feminist. Is that allowed?0
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jamface202 said:This is exactly what I started doing about a month ago. The transactions do appear on the underlying card as purchases.
Be aware that the fee gets added to the underlying card so don't let this push you over the credit limit. Also, from 15 Nov, the 1.5% fee increases to 2.5%. If you're on the free curve account I'd take a look at the premium tiers and see if any of those would allow you to be more profitable
https://cdn.buttercms.com/QXzvmJHVQW2prbOWFVmY
Are there any fees associated with using Curve?
Following these changes, it's better to use ATM cash withdrawals as the fee for these is only 2%.0
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