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Zenmarket - Credit Card Cash Advance Fee?

Fingerbobs
Posts: 1,695 Forumite


Can anyone advise whether depositing funds into Zenmarket in order it bid on auctions is treated as a cash advance by their credit card, either depositing directly or via PayPal?
(I know Zenmarket charge 1%, but this is apparently refunded along with the funds if they are withdrawn without winning any auctions, so you only actually pay the 1% if the deposited funds get spent)
I've tried searching the forum, but for some reason when I search for Zenmarket I only get results for Newmarket, and there doesn't seem to be any way to override the automatic incorretion.
(I know Zenmarket charge 1%, but this is apparently refunded along with the funds if they are withdrawn without winning any auctions, so you only actually pay the 1% if the deposited funds get spent)
I've tried searching the forum, but for some reason when I search for Zenmarket I only get results for Newmarket, and there doesn't seem to be any way to override the automatic incorretion.
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Comments
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There is no simple yes/no answer. As a rule it is based on retailer catsic code. But some CC will not charge, while others will.
Is there any reason for wanting to use a CC? As there would be no S75 cover. If that is what you are thing about.Life in the slow lane0 -
I know this, but I am hoping people will answer Yes or No for their cards just so I can get an idea whether it's likely or not.
I realise a Yes for one card doesn't necessarily mean a Yes for all cards. Still interested in answers to my original question.
Yes, there are reasons I want to use a credit card, and S75 isn't one of them. I don't think it would even apply on that type of transaction anyway.0 -
If anyone is wondering, I do not appear to have been charged any interest for ZenMarket deposits on my Santander Zero credit card.It took me a while to find the full PDF credit card statement on the Web site (this is inaccessible from the Credit Cards screen, which is where I would have expected to find credit card statements - you have to go back to the main My Accounts screen, then choose Statements and Documents) and even once I found the PDF statement, it's not entirely clear to me where an interest charge would be shown if one existed, but the fact that I can't find any reference to any interest charges suggests there are none (although if anyone from Santander happens to read this, I would like to see an "Interest: £0.00" field somewhere on the statement. Searching the entire statement to check for the absence of something is a lot slower and more annoying than just having it stated clearly that there is none).0
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