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I have a Haliax Clarity card specifically for overseas holiday use.
So if I withdraw say £500 in Thai money from a Thai ATM it will cost me just added interest on the £500 plus the Thai ATM charge of 200 baht, about £5?
Is there anything in Halifax's T&Cs to stop me transferring from Thailand nearly £500 from my Santander online account into the Clarity account to stop interest building up, and then repeating this procedure if I spend out.
This would save me Santanders charges, but I am not sure if it is worth it.
TIA
Originally posted by the.weekender
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No, there is absolutely nothing to stop you doing that, and that is what I used to do myself.
However, your final paragraph sums it up. Is it really worth doing that, and I came to the conclusion that it wasn't. For the little interest charge that I was saving I felt that it was better just to sort it out as soon as I got back to the UK and instead just get on and enjoy my holiday.
If you are away for quite a few weeks then you need to pay something off in any case, but for say 2 weeks it isn't worth the hassle.