JMS wrote:
I was informed of a new Co-op Credit card today - 12.9% APR
- no charges for cash withdrawals - or for cheques.

Borrow half your limit in cash over the month - taking it out of ATMs
- or use a cheque to pay off outstanding debt on other credit card.

When you get the bill - withdraw the other half
of your limit to pay off the "loan".

This show could run and run - a permanent loan at no cost.

Graham Murray wrote:
It would only work until they either lowered your limit or started
charging interest on cash withdrawals immediately[1] rather
than there being no interest if you pay off each month.

[1] Are you sure that they do not already do this?

"JMS" wrote
Absolutely - I phoned up to check.

Take money out of an ATM (or use a cheque) - settle full
amount when the next bill is received - no interest or charges.

Is it one of these from their website? :-

http://www.co-operativebank.co.uk/se...nk-CreditCards

Which one?