How can I transfer money from my credit card to a bank account?
Without drawing out cash, as the credit card company charges interest on cash
My credit company does not allow me to make payments to bank accounts online or on the phone
Is there another way around it???
Tags: Account, bank, bank accounts, card, cash, company, company charges, Credit, credit card company, credit company, from, interest, money, transfer
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June 7th, 2010 at 10:43 am
Simples.
Draw cash out of the in-house ATM, take ir to a teller with a paying in slip
Job done !
June 7th, 2010 at 11:20 am
You can’t. There is no money on a credit card to “transfer” and banks don’t take credit cards for deposits.
June 7th, 2010 at 11:58 am
I know what you’re asking…No there isn’t a way around it. It’s the way they make sure you are paying the maximum amount of interest on the card…they don’t wnat to consider the transaction a “charge” as then they can only charge you the 17.9 (or whatever)..when you take money out at an ATM they obviously charge you the higher rate + usually a %..
They’ve got you on both ends:(