Can you use a credit card to

[brenda]

get money from an ATM-- many thanks .

[jackthehat]

Yes.............but DO check the rates for this, in advance.
Cash advances via credit cards are charged for at a greater % rate, usually.

[boxtops]

Brenda, yes you can, but it will cost you a fortune.. Taking cash on a credit card is a very very expensive way of borrowing, the interest is usually on a daily rate for cash withdrawals and is at the highest rate charged by your card, often well over 25%.

[Zeuhl]

Yes

But you may be charged a cash advance fee or whatever they call it.

[brenda]

Thank you, lost my purse today in the town centre, was found later , but cash gone . It was my fault entirely , but no have no cash.
Have a credit card , but not with my bank , would it still work ?

[boxtops]

Drypine, that's starting to change - several of my cards have now notified me that payments start to pay off the highest interest rate first, I think it was a change in the law prompted it.

[jackthehat]

Contact your card provider and get full details on how much you'll be paying back, for any given amount you draw out.

Sorry to hear about your misfortune but please be careful not to compound the problem.

[boxtops]

The best thing to do would be to go to a branch of your bank with some ID and ask them if they will give you cash over the counter - do you still have a cheque book?

Did you have any cards in the purse, have you stopped them if so?

[brenda]

Boxtops --- had just used credit card in a shop , and put it in my pocket with the receipt, fortunately had not returned it to my purse .Had no other cards with me fortunately .Banks closed now I am afraid.

[boxtops]

Wow, you were lucky then! If you are a person who pays off their credit card in full each month, yes it's worth drawing cash on the card then, but be aware that it will cost you daily interest until it's cleared.

[mollykins]

You learn something new everyday. But I haven't got a c.c. yet . . .

[jackthehat]

Give your CC provider a ring.
They should be able to advise which ATM system is best to use and what you'll be charged for. If you draw cash out for a day or two until you can get to the bank, it may not cost as much as has been mooted.....

[craft1948]

I'd just borrow it from a friend................

[brenda]

Thank you all so much for all your advice --- was panicking a bit--- weekend no cash !!!!

Have thrown myself upon my neighbours and now have £25----- yippee. 'til monday.

Sincerely though thank you all again -- big help for a stupid person.

[lankeela]

mollykins - take my advice - don't ever get one! If you can survive without one then do so, they are the work of the devil!