This is some text prior to the author information. You can change this text from the admin section of WP-Gravatar  To change this standard text, you have to enter some information about your self in the Dashboard -> Users -> Your Profile box. Read more from this author


Credit card charges have seriously pushed up the cost of withdrawing cash over the past year, despite the Bank of England base rate falling to an all-time low.

The average interest on a credit card cash withdrawal is 25.4%, with some lenders charging borrowers £5 a time. This means that if you were to take out £10 at an ATM on their credit card, it’d be like withdrawing £15 except you don’t get the extra £5!

The worst culprets are Easyjet, Shell, Egg, Ultima and bmibaby who all issue credit card charges of £5 for cash withdrawals. But they’re not all trying to screw us, the Co-op and First Trust Bank offer credit cards without withdrawal fees, you still pay the interest on the debt though.

Related posts:

  1. Credit Card Charges Gather Interest
  2. Dispute Credit Card Charge Madness
  3. Credit Card Charges Slashed