Re: Best place for travel money?

Mike wrote:
> 
> On Thu, 04 Sep 2008 09:00:17 +0100, johannes
> <johs@[EMAIL PROTECTED]
> wrote:
> 
> >Maybe it only applies to credit cards. Say e.g. that your spending
limit
> >is £1000. Then the total ac***ulated cash withdrawal limit might only
be
> >£500. I am not sure why they make this difference? It can catch you out
> >if you think that the limits are the same. But the limits would be
> >printed on your statement.
> 
> This must apply only to some credit cards.  I have several and the
> statements of each one state a single credit limit only - there's no
> mention of a separate cash withdrawal limit.
> 
> It's not sensible to withdraw cash from a credit card except in dire
> emergency.  It's an extremely expensive way of borowing money.
> 
> Mike.

True, unless you pay it back at the very earliest op****tunity. 

However, if things go wrong with a debit card then there is no limit
to what can be drawn out? You just becomes overdrawn on the account.