are encouraged to withdraw Christmas cash

Supermarket giant Asda has apologised after its credit card customers were told to pay for a 'magical' Christmas by withdrawing money from a cash machine - failing to fully explain the exorbitant cost involved. A flyer in the form of a Christmas card was sent out to customers of its banking arm, Asda Money, saying: 'Visit your local ATM for extra cash this Christmas...why not use the cash facility on your Asda Money Credit Card. You can withdraw up to £300 a day.' But withdrawing money from a cash machine is one of the most expensive things you can do with your credit card, with Asda charging its customers 3 per cent of the amount taken, or £5, whichever is greater....Read more here: Asda sorry credit card customers told withdraw cash