[Help] Credit card question Updates to this post /post/225214-credit-card-question Mon, 23 Nov 2009 18:26:43 +0100 Reply from chev.jame /post/225214-credit-card-question#reply-4575440 That’s the best way! ;-)

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chev.jame Mon, 08 Dec 2008 03:01:57 +0100
Reply from maxbrockman /post/225214-credit-card-question#reply-4575145 Thank you both, that helps alot, I will just have to use my debit account to get cash and transfer money into my credit account.

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maxbrockman Mon, 08 Dec 2008 00:48:49 +0100
Reply from chev.jame /post/225214-credit-card-question#reply-4575126 You would be charged $10 in the example you cited. So, for each cash withdrawal against the credit card, you would pay 3 percent of the total, unless 3 percent of the total was under $10. You will pay a minimum of $10 for each cash withdrawal . . . but will pay 3 percent of the total otherwise. The minimum you can withdraw and pay 3 percent vs. $10 would be $334, rounded up to the nearest dollar. In that case you would pay $10.02.

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chev.jame Mon, 08 Dec 2008 00:39:04 +0100
Reply from mumstheword /post/225214-credit-card-question#reply-4575121 From the wording, I would say it means you will pay a minimum of $10 each time!

It’s ambiguous though and the best advice would be to check with the credit card company.

Credit cards are usually the most expensive option for making cash withdrawals. Beware of using them overseas in particular where you not only get charged the withdrawal fee, but a currency exchange and commission fee !

Debit cards don’t normally cost anything unless you are using a host machine from an alternative bank.

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mumstheword Mon, 08 Dec 2008 00:36:50 +0100