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credit card issue

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  • 16-06-2007 12:10am
    #1
    wush06
    Registered Users Posts: 688 ✭✭✭


    Hi all just a quick question, I am looking to open an account with ladbrokes.com. I have been told if I put money on the ladbrokes account with my credit card it will been seen as a cash payment and will be charged interest straight away, is this true?

    P.S sorry if this question has been asked before only a newbie.


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    #2
    BuffyBot
    Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    Yes - some banks treat payments to gambling sites as cash advances.


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    #3
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭Random


    BuffyBot wrote:
    Yes - some banks treat payments to gambling sites as cash advances.
    They do? Where does it say this?


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    #4
    pow wow
    Closed Accounts Posts: 5,288 ✭✭✭pow wow


    Somewhere in the T&Cs it will say things like buying foreign currency/travellers cheques etc is classified as a cash advance. Online gambling is usually lumped in with those.


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    #5
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭Random


    I thought I'd read through the T&C for my card ... must have missed it :(


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    #6
    BuffyBot
    Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    ciaranfo wrote:
    They do? Where does it say this?

    You do understand the definition of the word some? Check with your card issuer. They may or may not have this condition attached to their T&C's


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    #7
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭Random


    It's late .. or early .. or .. err ... em ... carry on! :)


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