28. September 2018
Starting from today, LHV bankcards can be used for withdrawing cash while paying for the purchases at a store. This cash-back service is provided by Coop stores and Olerex full-service stations for example.
Withdrawing cash at a merchant is as easy as purchasing goods. Make sure you inform the cashier of your wish to withdraw cash before confirming the transaction with a PIN. Stores that do not provide the cash-back service also do not enable this option for LHV bankcards.
Cash can be withdrawn with an LHV debit card at a merchant that provides this service and with a payment in the card terminal. The transaction must be confirmed with a PIN. LHV does not charge extra for cash withdrawal at the merchant, the service fees established by the merchant still apply. For example, the service fee for a cash-back service with LHV bankcard at the Coop stores is 1 euro and in Olerex, 0.32 cents. Accordingly, if the client makes a purchase for 10 euros at the Coop store and wants to also withdraw 20 euros in cash, a service fee of 1 euro will be added to it, and the merchant is to be paid 31 euros altogether.
In Estonia, it is possible to withdraw cash at the merchant starting from a purchase of 1 € with increments of 5 € and up to 100 € at a time. Cash can also be withdrawn at foreign stores that offer the (cash-back) service. One should most definitely pay attention to local terms and conditions and service fees.All news