Purchasing Gift Cards with a Credit Card


Hello
I checked my credit card statement and discovered a ‘Cash Fee’ for a transaction when I used my Credit Card to purchase a Gift Card. It would appear that my Mastercard (issued by NatWest) now applies this additional fee when purchasing any type of Gift Card.

The fee of £0.30 was applied when purchasing a Starbucks £10.00 Gift Card online. Mastercard is now treating such purchases as a Cash Advance so please take note.

As I regularly purchase Gift Cards (for prizes, incentives) on behalf of my work and have been doing so for quite some time the fee has comes as a bit of a surprise.



Source link