E
e04
Guest
Hi, I'm just in sort of a pickle here:
My rent was due on 5th April.
My portion of the rent to be paid is 375 euro. My landlord's account is with AIB.
I only have 190 euro in my BOI current account. I won't get paid again until 15th April.
I don't yet have any sort of overdraft facility set up on my account, but would be open to getting one if it would help me here.
I have a BOI 2-in-1 (I think) MasterCard credit card. There's currently around 1,000 owing on the card and a limit of 2,000.
I have Online Banking 365 set up for my current account and have the credit card account set up as a beneficiary so I can transfer from my C/A to pay off the card.
I have a paypal account (on the slim chance that's any help).
I only just applied for a PIN number on the credit card so I can take out a cash advance if need be. I should get the PIN tomorrow.
I'm still not 100% sure how it works but I understand that if I take a cash advance from my credit card I'll have to pay almost 20% interest on the amount of the advance, until the whole 1,000 or so is paid off on my credit card. It would take me 6 weeks or so to be able to afford to pay off the whole balance on the card.
Do I only incur the 20% interest at the end of the month if it's not all paid off by then, or will I incur some kind of charge regardless of how soon I pay off everything on the card?
I could take 100 - 150 out of my current account and scrape by on 50 euro for the next week or so 'til I get paid.
Does anyone know of a better way for me to somehow pay my rent within the next day or two?
As I understand it, it's not possible for me to transfer money from my credit card to another bank account. Which is what I'd need to do to pay my rent.
Thanks a lot.
My rent was due on 5th April.
My portion of the rent to be paid is 375 euro. My landlord's account is with AIB.
I only have 190 euro in my BOI current account. I won't get paid again until 15th April.
I don't yet have any sort of overdraft facility set up on my account, but would be open to getting one if it would help me here.
I have a BOI 2-in-1 (I think) MasterCard credit card. There's currently around 1,000 owing on the card and a limit of 2,000.
I have Online Banking 365 set up for my current account and have the credit card account set up as a beneficiary so I can transfer from my C/A to pay off the card.
I have a paypal account (on the slim chance that's any help).
I only just applied for a PIN number on the credit card so I can take out a cash advance if need be. I should get the PIN tomorrow.
I'm still not 100% sure how it works but I understand that if I take a cash advance from my credit card I'll have to pay almost 20% interest on the amount of the advance, until the whole 1,000 or so is paid off on my credit card. It would take me 6 weeks or so to be able to afford to pay off the whole balance on the card.
Do I only incur the 20% interest at the end of the month if it's not all paid off by then, or will I incur some kind of charge regardless of how soon I pay off everything on the card?
I could take 100 - 150 out of my current account and scrape by on 50 euro for the next week or so 'til I get paid.
Does anyone know of a better way for me to somehow pay my rent within the next day or two?
As I understand it, it's not possible for me to transfer money from my credit card to another bank account. Which is what I'd need to do to pay my rent.
Thanks a lot.