Can you get cashback on a credit card?
OK so money is REALLY low right now, and I had a thought of going into a shop and buying some random thing so I can get cashback from it.
But…. there is basically sod all in my current account til payday so I can't use my debit card, but what about my credit card? Can I get cashback with that too? I've never tried with that before. Thanks
OK thanks guys… the thing is I'm too scared to try withdrawing from a cashpoint cos the last time I tried that it swallowed the bloody thing and I had to wait another week for a new one! :S
No, you can only get cashback with your debit card. Don't even try using your credit card in a ATM to withdraw cash, unless you want to pay interest from the date of the withdrawal!
January 5th, 2009 at 3:46 am
No, you cant get cash back on your credit card, but you should be able to get a cash advance.
You should be able to use it in a cash machine (you should have been given a PIN) but you will be charged a fee.
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January 5th, 2009 at 4:26 am
Cant get CASH BACK can withdraw from a CASH POINT but they charge the earth for it
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January 5th, 2009 at 5:10 am
No darling but you can withdraw it from a cash machine but the interest will kick in straight away.
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January 5th, 2009 at 5:47 am
Yes there's usually a cash limit included with your credit card feature. If you look at your statement, usually where it lists your credit card limit you'll see a part that says something like "Cash availability or cash limit"
You just withdraw the cash from an ATM with your PIN just like a debit card.
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January 5th, 2009 at 6:37 am
No, you can only get cashback with your debit card. Don't even try using your credit card in a ATM to withdraw cash, unless you want to pay interest from the date of the withdrawal!
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January 5th, 2009 at 6:54 am
yes,, ,but only from cash machines, but they,l charge u a fortune in interest, best only done in a emergency
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January 5th, 2009 at 7:22 am
And, when you do pay it back, even if it's in full, there will be the period from when the statement was printed to the day your payment actually arrived, and you will be charged a little of bit of interest for that period as well on your subsequent bill!
Visit http://www.moneysavingexpert.com .
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January 5th, 2009 at 7:44 am
no you cannot.
However, you might be allowed to withdraw cash from the ATM even if you are not too keen on doing so. (there are some fees though – Not all credit cards companies allow cash withdrawal)
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http://www.financecomparator.co.uk
January 5th, 2009 at 8:04 am
you can get cash back from a machine but they charge you 3 pounds
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January 5th, 2009 at 8:18 am
NO YOU CAN ONLY GET CASH BACK ON A DEBIT CARD. BUT I DO BELIEVE THERE ARE CASH ADVANCES YOU CAN GET.
TO HELP YOU OUT I SUGGEST YOU SEEK ANOTHER SOURCE OF INCOME LIKE BARTENDING.
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January 5th, 2009 at 8:28 am
i don't know i don't have one
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