can i just ask another halifax clarity question please?
just been reading another MSE email about holiday spending and it still confuses me. i feel heartened that ive got a clarity card, but dont really understand why 😀
what confused me is about spending vs withdrawing money. apparently withdrawing money still charged say 20%ish interest rate until youve paid it off, whereas paying with the card doesnt attract interest as long as its paid off fully.
so am i right in thinking that if we go to greece say and withdraw £100, im paying interest still each day for say 3 weeks until i get my statement? and if the interest rate is 20%, how much extra would i pay? (its obviously not £20 as the 20% leads you to believe)
but if i pay for £100 worth of meals, drinks etc on my card, theres no fees/interest at all, i just pay cost price and settle up when the statement comes through?
id prefer the first option as i believe it helps the small businesses over there to pay cash, so ill do that as long as the difference is only pence rather than £s.
thanks
EDIT: just seen this too from MSE which implies i could get money from my clarity card today at the best rate for a future holiday. is that right or am i reading it wrong? what would be the best way of getting euros today for a holiday in 2 weeks time?
thanks