Credit card bonus
-
Can’t really make sense of this , if anyone can help me out here with credit card to bonus bit lots maybe I’m not reading it right. Are you only allowed to deposit on a debit card ? Thanks
Will delete when I know fully the answer
-
@jay You can deposit on both debit and credit cards. Any deposits on credit cards wont be eligible for the bonus
-
@jay if your thinking of using a credit card the easy way round it is to do a cash transfer from credit card to bank account then bank account into football index
-
So a debit card is ok just want to be sure ?
-
Yes for sure.
Life savings with a debit card = acceptable for FI.
£100 in lieu of payday = not acceptable.I am sure it is something to do with regulations they have to follow
-
@jay I don’t know for certain but that statement to me reads that you can deposit from a credit card but any credit card deposits won’t be eligible for the 10% bonus.
-
Yes, that’s correct.
-
@jay said in Credit card bonus:
So a debit card is ok just want to be sure ?
Remember, a debit card is essentially like a cheque you don't have to write. You can only spend what's in your account. Whereas, a credit card is money that is not yours (borrowed until you pay it back).
-
Also the merchant fee much higher on credit cards. Might be FI concerned with their bottom line rather than you getting your house repossessed.
-
Be careful. Only add what you can afford to lose. Better to put £100 in and get £10 back, then be in debt for ages.
-
@Carboney I work for lloyds and I believe most banks have stopped allowing withdrawals of any kind from credit cards including transfers. Purchases only.
-
@Nachais nope, not the case at all, still widely available
-
@NewUser152715 okay well I guess I speak for Lloyds bank only then 😂
-
@Nachais in fact I can't think of any issuers that have blocked cash withdrawals, advances or money transfers? Saying that some have never offered money transfers to begin with.
-
Thanks all , may leave this a couple days and just delete to help anyone don’t transact on credit card if you want your bonus
-
@NewUser152715 Wellll as I said 😂. Lloyds have recently stopped doing it
-
What about money already in your account that was deposited by credit card originally several months ago and used to buy and sell player since?
-
@Ralph-Wiggum that’s alright you just can’t revive a bonus from a credit card only debit
-
@jay well it has to be cash balance I'd say. As it is net buys and any funds you have free'd by selling players since 24.09 00:00 are counting towards the net buys
-
Other than charges, I guess with credit cards fi might? have to wait longer for there money, which of course is unacceptable....
