[dianepeters]

Hi if I use my clubard card plus credit card to send money to a friend in Germany by paypal what interest will I be charged

[ChristopherP]

@dianepeters Hey there, thanks for getting in touch!

This would be classed as a cash transaction. When you make a cash transaction, we charge a fee of 3.99% and interest at your standard cash transaction rate. This is from the date of the transaction until the date this cash balance is paid.

This means you will see interest charged over three statements. The first statement will show the cash transaction fee and the interest from the date of the transaction until the statement came out.

The following statements will show interest accounting for the period between the first statement coming out and the balance being paid in full. After this there’d be no more interest applied to this specific transaction.

It's also possible it could attract a foreign exchange fee depending on what currency the transfer is processed in. You can read more about this fee here.

I hope this helps.