Credit card question – can I "pre-load"?

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  • Credit card question – can I "pre-load"?
  • Chew
    Member

    Probably

    How about ringing Halifax themselves to ask?

    They will be able to tell you if so or increase your credit limit 😉

    warton
    Member

    yeah, I can’t see why not. just make a payment onto it when you receive it, that will effectively put you into credit.

    i’d ring up to check, just to be sure, but I’ve definitely been in credit on CCs before.

    eightyeight
    Member

    Just saw this in the FAQ:

    Can I put money on my card to increase my available credit whilst on holiday?

    Credit cards are not designed to be used this way. Using the card in this way breaches the product’s Terms & Conditions, which state:

    7.7 You must not make payments or transfer funds from another credit or store card to your account that would leave a credit balance on your account. We may return any funds that exceed the balance owing on your account to the account from which the money was sent.

    eightyeight
    Member

    It doesn’t say current account accounts specifically, but it doesn’t look good. Oh well, just have to order more currency than I would have liked to carry around.

    SamB
    Member

    If you’re somewhere with internet access, could you not just clear the balance mid-way through your holiday? If you’ve got the details set up to transfer from your current account to your credit card, it should only take a couple of minutes in an internet cafe.

    Premier Icon kcal
    Subscriber

    can you pay in mid-way through holiday? so, create some debt, pay it off, restart.. or ask to increase CC limit ASAP.

    jamesy01
    Member

    Does your internet banking allow you to set up a payment to go out on a certain date?
    If so arrange for a set amount to be paid to the credit card 5 days in to the holiday to ‘top it up’.
    EDIT: ^^^almost what he said

    eightyeight
    Member

    Yea, cheers SamB / kcal, that’s what i’ll do – make an ad hoc payment partway through the ‘credit period’ to effectively zero the balance.

    Will also take some extra currency just in case, I don’t think the place will be awash with chip and pin machines tbh!

    Premier Icon cheese@4p
    Subscriber

    Travel Agents can do you a pre-paid credit card for travelling abroad

    scaled
    Member

    Would it not be cheaper just to break another bone an save the honey moon costs entirely? 😉

    eightyeight
    Member

    scaled – it’s paid for! Plus I need a blimmin’ holiday!

    eightyeight
    Member

    This feels like something I should know the answer to, but I don’t. Ahead of going on Holiday in a few weeks I have followed the advice here: http://www.moneysavingexpert.com/travel/cheap-travel-money#halifax and ordered a credit card which won’t charge me any fees for spending abroad.

    Unfortunately, the initial credit limit isn’t going to quite cut it. Can I “pay into” my credit card from my current account and will this increase my credit limit by the amount I have paid in?

    I have the spending money saved, I just want the protection of not getting loads of charges every time I use it.

    Cheers

    cupra
    Member

    I’ve been with HBOS for over 20 years and have done this on quite a few occasions but only ever from my current account. Never had any communication about it from them and it has always gone through.

    john_drummer
    Member

    Travel Agents can do you a pre-paid credit card for travelling abroad

    +1

    And so do the Post Office: http://www.postoffice.co.uk/travel-money/card

    Premier Icon Matt24k
    Subscriber

    You need one of these prepaid debit card

    andrewh
    Member

    I’ve done it (Natwest MasterCard)
    Had a bill for £x, went and paid £x+n and it was fine, had £n to spend before I started using my allowance. They charge interest when in the red but don’t pay it if you are in the black. That was for going abroad too, it’s the only card I had which works there and I didn’t want to run out

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