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tsb visa interest charges?

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  • 11-10-2012 10:26pm
    #1
    rebel3redz
    Registered Users Posts: 11 ✭


    hi need help here, my sis was stuck for cash to pay a bill last week of 220 euro and borrowed it from my cousin who withdrew it from her visa,anyone know what the interest will be when she pays her back next week,my cousin reckons its very high cos of money withdrawal thru visa but it cant be that high in only 2 weeks???


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    #2
    tony81
    Closed Accounts Posts: 595 ✭✭✭tony81


    About €3.50 i reckon. €2 cash advance fee + €1.50 interest.


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    #3
    rebel3redz
    Registered Users Posts: 11 ✭rebel3redz


    thanks tony81,my cuz was saying it would b about 100


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    #4
    chris85
    Registered Users Posts: 4,502 ✭✭✭chris85


    Cash advance charges for ptsb are 1.5% of amount or €2, whichever is more. In this case will be €3.30 total I would imagine. Interest accrued may add a euro more to it so no more than a fiver all in.

    The cousin is chancing his arm here.


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    #5
    rebel3redz
    Registered Users Posts: 11 ✭rebel3redz


    thanks lads,was thinking that it could never be that much


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