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Community


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Community

A one-stop forum for all your banking questions

Avoid "Cash Finance Charges"

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1 REPLY 1
FanaM1
Community Coordinator

Good morning, @WitchHunter.

 

We understand your concern. To avoid cash finance charges,the credit balance needs to be paid in full.

 

While still owing, there will always be a cash finance charge.

 

You can make extra payments through electronic funds transfer (EFT), online banking, or at your bank's branch. These payments won't incur cash finance charges. If you have any further questions or need assistance.

 

Please don't hesitate to reach out, we're here to help!

 

Regards,

Standard Bank Team

WitchHunter
New Member
How can I pay extra on my Credit Card but avoid "Cash Finance charges?"

From what I can understand from a related post you pay these charges on any cash moving either in or out of the Credit Card bar "swipes."

So, if I want to pay extra my money will be wasted. I wish I knew all of this before I got a Credit Card.