You can make use of charge card cheques to produce acquisitions the in an identical way you would with individual cheques. Charge card cheques will also be called convenience cheques or cheques that are promotional. You could utilize them to cover bills or other debts such as for example outstanding balances on other charge cards.
YouвЂ™ll pay interest from the date you employ the cheque. The attention price charged whenever you employ a credit card cheque is normally more than for regular purchases.
Bank card cheques are associated with your charge card account. If you are using them to cover items or solutions, the quantity will be on your own charge card declaration.
Federally regulated finance institutions, such as for instance banking institutions, must ensure you get your consent before they are able to give you credit card cheques. Continue reading