The transactions we treat as Cash Advances will change under your new Terms. This still includes cash you withdraw using your credit card and buying foreign currency or traveller’s cheques.
A Cash Advance also includes:
• Gambling transactions and spread betting
• International money transfers
• Paying off other borrowing (like making a payment towards a loan or mortgage or using your card to pay another credit card instead of doing a Balance Transfer)
• Adding money to a prepaid card, virtual card or e-money account
• Investment activity – this includes binary trading, share trading and adding money to an investment account
It’s worth thinking about how you use your card because you might be charged a fee and a higher rate of interest if you use your card for these kinds of transactions. You will be charged interest on Cash Advances from the date of your transaction, even if you pay off your balance in full.