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EmzandFlick



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PostSubject: Credit cards...   Credit cards... EmptySat 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
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pinkyd

pinkyd

Join date : 2010-08-16
Location : durham
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PostSubject: Re: Credit cards...   Credit cards... EmptySat Oct 16, 2010 4:04 am

i don't think you can get cashback on credit cards only debit, not 100% though
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PostSubject: Re: Credit cards...   Credit cards... EmptySat Oct 16, 2010 4:09 am

No you can't. Well you couldn't last time I tried.
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jenshayne

jenshayne

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PostSubject: Re: Credit cards...   Credit cards... EmptySat 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
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snoopy21



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PostSubject: Re: Credit cards...   Credit cards... EmptySat 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
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