 Poster: A snowHead
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Normally I just use my Revolut card to withdeaw €200 when I get on holiday to give us our needed cash.
However as we need to gice €200 cash deposit at accommodation, this leaves us with no extra. Even worse our left over cash from last time is being eaten into by youngest going off onto for a spanish trip where they aew expected to has cash with them.
I have a clarity card which looks like I can withdraw cash fee free abroad on paying interest until paid off. Just experimented and can pay money onto my card with 2hrs.
Anybody known if I were to withdraw cash, make payment straight onto card immediately for thw cash BUT not rest of balance if that would clear prevent it incuring interest? Or do I need to clear whole credit card balance?
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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I think you would need to call Halifax to specifically allocate the payment you made for the cash you have taken out. As much as i like the clarity card, have you though about setting up a starling account instead? Its really easy and quick to do on their app.
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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No, just paying off the balance of the cash withdrawal would do it as they allocate payment to the highest interest debt first.
I had to withdraw cash on my Clarity card in Turkey last year (as they really like cash in Turkey!) and did exactly what you describe and paid no interest.
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You need to Login to know who's really who.
You need to Login to know who's really who.
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@o11y, yes I am considering a bit of a overhaul as products have changed over the years but won't be doing it before we go out on 1st April.
Only just remembered about the cash deposit at accommodation thing as last time we went deposit went on the clarity card directly.
Also didn't think at all about daughters school trip compounding stuff....
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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@DrNo, thanks so much!
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You'll need to Register first of course.
You'll need to Register first of course.
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I have always used my Halifax card to get cash abroad, I do make sure the balance is clear before leaving home then just clear it again when the payment comes through. I forgot last holiday as it had been so long since I had been abroad but the interest wasn’t very much.
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| DrNo wrote: |
| No, just paying off the balance of the cash withdrawal would do it as they allocate payment to the highest interest debt first. |
^ This
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Yes, can confirm that how it should work and how it’s worked in practice for me too.
If it’s just a one off, then probably not worth changing but I now use the Clarity card for larger card transactions and a Starling account and card for smaller card transactions and cash. Free to have, free to use abroad and can have a free euro account too (same card works for both). Euro account handy this year for paying damage deposit for accommodation.
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