Do "Curve Fronted" transactions count as "Purchases" on the underlying card?

Fingerbobs

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

jamface202

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

surreysaver

They're going to limit the GBiT feature to three occasions a month? There's probably no point having it then 

Fingerbobs

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

Better link: 
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%. 

Bin_Boy

Does anyone know if this still works? If so how do you get the money from curve to the savings account?

I was considering doing something similar, but have read other forums and a bit worried about it going wrong and getting stung with a cash advance fee.

Fingerbobs

Bin_Boy said:

Does anyone know if this still works? If so how do you get the money from curve to the savings account?

I was considering doing something similar, but have read other forums and a bit worried about it going wrong and getting stung with a cash advance fee.

The principle is that you link a Curve card to an underlying credit card, then use the Curve card to make a deposit into a savings account (obviously one that allows deposits to be made by debit card), or use it to withdraw cash from an ATM. 

Curve obviously takes their fee for this, but whether you can do this without being stung for fees and interest on the underlying credit card I cannot say. I haven't used my Curve card at all since they started charging an ATM withdrawal fee on supermarket cashback last year. It's effectively dead as far as I'm concerned now.