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About LinkBacksAnyone know the answer to this? For example, lets say I have a card with 15% interest on purchases and 20% on cash advances - if I get hit with a $30 over the limit fee, would this accumulate interest at 15% or 20%? (or higher?)
Any thoughts?
Junior Member
Anyone know the answer to this? For example, lets say I have a card with 15% interest on purchases and 20% on cash advances - if I get hit with a $30 over the limit fee, would this accumulate interest at 15% or 20%? (or higher?)
Any thoughts?
Junior Member
If the over limit charge results from a purchase, I guess it should be treated at a purchase rate, but all the over limit charges and fees need to be pay back at once. For more information try
It would attach to the purchases, since that was the cause for the overdraft charge.
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