Credit Cards and Handling Fees - HotUKDeals
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Credit Cards and Handling Fees

Gaz Avatar
9y, 8m agoPosted 9 years, 8 months ago
I've never experienced this before.

I paid for a new guitar amp a couple of months ago using my Credit Card, which I very rarely use. I paid the balance off right away, as I always do, so the balance on it was sitting at £0. The amp had cost me about £300.

However the supplier couldn't supply what I had ordered, so they refunded me the cash I had paid back onto my Credit Card, so the balance was sitting at £300 in Credit.

When I transferred that money from my Credit Card to my Current Account, the bank have charged me a "CASH ADVANCE HANDLING FEE" of £7.62 which I'm not too happy about. Sure, it's not a bank-breaking amount, but are they seriously allowed to charge a Handling Fee for a Cash Advance, when it's NOT a Cash Advance and is in fact my own money?
Gaz Avatar
9y, 8m agoPosted 9 years, 8 months ago
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[admin]#1
I've never heard of this although the fact that you transferred the money from your credit card to your account might be classed as a balance transfer, which will usually incur a charge of about 2 or 3 %- sometimes more...

Maybe you should ring your cc company and explain the situation- every company has different policies- Dinosteveus might know more about your rights xx
1 Like #2
if you call the branch who set up your credit card and expain they usually do credit you back with the amount they took if nothing they do this as a good will jesture. when i forget to pay my credit card bill they charge me £20 as a penalty then i call them and say sorry and they have always credited me back

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