We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
In Credit On Credit Card!
Nediachick
Posts: 13 Forumite
in Credit cards
Hi,
I've got a quick question and was hoping someone would know the answer please.
I'm in credit by nearly £100 with a credit card - am I entitled to ask for the balance to be sent to me in a cheque or do I just have to spend the balance on the card?
Many thanks for any replies.
I've got a quick question and was hoping someone would know the answer please.
I'm in credit by nearly £100 with a credit card - am I entitled to ask for the balance to be sent to me in a cheque or do I just have to spend the balance on the card?
Many thanks for any replies.
0
Comments
-
Nediachick wrote: »Hi,
I've got a quick question and was hoping someone would know the answer please.
I'm in credit by nearly £100 with a credit card - am I entitled to ask for the balance to be sent to me in a cheque or do I just have to spend the balance on the card?
Many thanks for any replies.
You can do either. Generally card issuers will refund a cheque pretty quickly, as if you are in credit you do not get the protection of section 75 of the Consumer Credit Act.Don't lie, thieve, cheat or steal. The Government do not like the competition.
The Lord Giveth and the Government Taketh Away.
I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)0 -
Ok, many thanks for that.0
-
Well capital one were really slow with me.You can do either. Generally card issuers will refund a cheque pretty quickly
Firstly they said 10 days to clear the "payment" even though it was a credit (cashback) from themselves.
Then is 14 working days to get a cheque.
So up to 5 weeks.
Some companies may of course be quicker.
The alternative is simply to buy some petrol/food on it, which might be easier.0 -
I was in credit with my card, and they put the amount straight into my Bank AccountNediachick wrote: »Hi,
I've got a quick question and was hoping someone would know the answer please.
I'm in credit by nearly £100 with a credit card - am I entitled to ask for the balance to be sent to me in a cheque or do I just have to spend the balance on the card?
Many thanks for any replies.
It only took a phone call, did the same for my husband too.0 -
I got a refund cheque within 7 days with Lloyds TSB, was quite impressed.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards