Card deposit transaction fees



  • I've recently started on the index and noticed my deposits using a Santander credit card incurred a £3 fee from the bank. From reading up on this it looks like the fee is due to the bank charging a fee for a 'cash advance' transaction as it seems to consider the index as a gambling website.
    My question is, is there a card that doesn't have this fee for depositing to the index? Paying £3 for a £50 deposit is not feasible long run.

    Thanks.



  • Debit cards don't incur a transaction fee I think,



  • @playingcards1 yeah you're fine with any debit cards. Just credit cards cos you are bas8fally buying money in a sense I suppose like buying foreign currency or placing a bet on a gambling site as you say.


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