Tag Archives: cash advances on credit card

Credit card tip…. Unknown changes

Don’t find out the hard way. When topping up your ‘betting’ account using PayPal it will be treated as a ‘cash advance’, if your PayPal account is linked to your Credit Card. This has only come into effect within the last few weeks.

You may say, that is ok, I pay my credit card closing balance, every month, before it is due.

But no… You will accrue the additional interest charge for a cash advance UNTIL the balance on your credit card is NIL – Zero. You could be paying high credit card interest on your gambling for YEARS!

How clever of the banks to exploit the unsuspecting gambling public and unfortunately the people who will be most affected by this change are those addicted to gambling.
SHAME on you, Banks!!!

Take care

LoneWolf