I just googled her CC and it says there is no higher interest rate charged for when you need "cold hard cash" as they put it. We only found out about needing this money Friday evening and it's needed Monday. So none of us can do a damn thing till tomorrow. Argh so frustrating. Plus I am working tomorrow so trying to call mum, the real estate, DH (also at work) is going to be fun since i don't have a lunch break on tomorrows shift.
She will be able to go into the bank and just transfer the money straight into my account yes?
If you don't have the same bank, then it will take 4-48hours to process a transfer.
She can withdraw cash, go into a branch of your bank, and deposit it directly into your bank account and it will be available to you instantly.
That is good if they don't charge extra for cash! Awesome!
Find out whether it's possible to make a payment directly from the credit card for the thing that you need it for. There might be a form you can use to do that. If you pay directly then your mum will get the interest-free days (assuming it's a credit card with interest-free days on it) but if you withdraw funds over the counter at the bank (eg to purchase a bank cheque) she will pay interest from day 1.
Reply With Quote
Bookmarks