About Me! My Name: Status: Mummy Number of Children: 1
Subject: Credit cards... Sat Oct 16, 2010 4:00 am
We have a capital one classic, just wondering if you use it can you get cashback on it? Charges you to take cash out of cashpoint x
pinkyd
Join date : 2010-08-16 Location : durham Posts : 3931
Subject: Re: Credit cards... Sat Oct 16, 2010 4:04 am
i don't think you can get cashback on credit cards only debit, not 100% though
Guest Guest
Subject: Re: Credit cards... Sat Oct 16, 2010 4:09 am
No you can't. Well you couldn't last time I tried.
jenshayne
Age : 54 Join date : 2010-08-17 Location : Canuckville Posts : 3290
Subject: Re: Credit cards... Sat Oct 16, 2010 4:10 am
With ours you can, but you would have to call up the bank who issued it, and see what their procedures are. Some CC's give you a pin to use and ATM machines to with drawl cash. xxx
snoopy21
Join date : 2010-08-20 Posts : 5101
About Me! My Name: Status: Mummy Number of Children: 1
Subject: Re: Credit cards... Sat Oct 16, 2010 4:10 am
Not sure hun but be really careful taking money out on a credit card. They usually charge higher interest for cash withdrawals (its usually in small print eg your APR for purchases may be 15% but on cash withdrawls it may be 20% + the £3 withdrawal charge) and they deliberately schedule your repayments to pay off your purchases first so the interest on your cash withdrawals builds and builds.
I used to be a prat at uni & spent on CC like they were free. Only racked up £800 but took ages to pay back cos of interest. x