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TransferWise Credit Card payments - puretime

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    TransferWise Credit Card payments - puretime

    Hi

    I’m a first time buyer looking to buy myself a Submariner for my birthday. I found what I wanted on Puretime but they don’t accept visa. That’s fine. I tried to pay through TransferWise and my payment was declined. When I called my cc bank I’m told that this was declined because it’s being attempted as a cash advance payment so even though I have enough credit I don’t have enough in cash advance. I was told to contact puretime. They still haven’t got back to me. I contacted TransferWise who then told me to contact my bank. Basically the run around.

    Has anyone had a similar problem? No I do not have a MasterCard and I’d rather not use my checking account.

    Should I forget using puretime and go through another TD?

    Thanks in advance

    #2
    Friend, It's same for all transferwise,even if you go through another TD. You will need to speak to your bank for this.

    Comment


      #3
      I did some extra research and discovered the problem. Transferwise treats all credit card payments as cash advance which means extra fees.

      The problem in my case is the watch I was trying to pay for exceeds my cash advance limit even though I have enough credit limit.

      This is not a vendor (puretime) issue. This is not even a bank or Transferwise issue individually. This is kinda in between the communication between the bank and Transferwise.

      Overall I can’t pay for the watch until puretime is able to accept visa again. At least I learned something new

      Comment


        #4
        Originally posted by Guru_Premier View Post
        I did some extra research and discovered the problem. Transferwise treats all credit card payments as cash advance which means extra fees.

        The problem in my case is the watch I was trying to pay for exceeds my cash advance limit even though I have enough credit limit.

        This is not a vendor (puretime) issue. This is not even a bank or Transferwise issue individually. This is kinda in between the communication between the bank and Transferwise.

        Overall I can’t pay for the watch until puretime is able to accept visa again. At least I learned something new
        Transferwise is a currency exchange app. They have to convert it to cash to make the transfer. Don't know how WU does it.

        Comment


          #5
          i have used transferwise on many transactions in the past, sometimes bank blocks but with a call that can be sorted. find it much better than using western union like in the old days.

          Comment


            #6
            Originally posted by GBB_19NHS View Post
            i have used transferwise on many transactions in the past, sometimes bank blocks but with a call that can be sorted. find it much better than using western union like in the old days.
            Good to know, thanks on the info

            Comment


              #7
              I personally pay TD with transferwise many times (I even pay my developers with it). I simply do a direct transfer than flffuing around with credit card etc. Also most TDs offers you a 5% discount with bank transfer so I'm not sure why most people don't take advantage of this method - well unless you can't finance the watch in full but need to buy it in credit.

              Sent from my SM-N976B using Tapatalk

              Comment


                #8
                I prefer using my credit card because it’s my airlines card so I get frequent flyer miles each time I use it. And I feel I feel safer using it online as opposed to my bank.

                Right now I’m debating if I should attempt my cars again ( I’ve already called them twice), or should I try through my bank. I’m not stressing it at the moment.

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