Cash Advance Fees

[gebbel]

I used my BOI MasterCard 3 times on holiday to withdraw cash. On 2 occasions I withdrew €300, and the charge was €4.50 each time. I also withdrew €90, but the fee for this was €2.54.

Why is this?

Thanks

 

[ClubMan]

You used it to do cash withdrawals (from a preloaded account) or a cash advances? How were the charges described on your bill? Were these € zone withdrawals? What do the terms & conditions of your card agreement say about charges?

 

[ClubMan]

Ah - just checked the latest IFSRA CC charges survey and it seems that BOI MC cash advance charges are 1.5% subject to a minumum of €2.54 which probably explains it?

[broken link removed]

 

[gebbel]

You used it to do cash withdrawals (from a preloaded account) or a cash advances? How were the charges described on your bill? Were these € zone withdrawals? What do the terms & conditions of your card agreement say about charges?

All withdrawals were cash advances

On the statement they are described as "Cash Advance Fees"

Yes, they were eurozone withdrawals (Gran Canaria)

In the past, I have only been charged €2.54 for cash withdrawals in other eurozone countries. I have not yet queried this with BOI.