No Cash Advances on a Credit Card
Written by Joe Taylor
Posted On: April 6, 2006
Author: allen
Posted: Mon Jun 28, 2004 8:12 pm
Post subject: Credit Card Without Cash Advances
9/12/2002 7:10 pm CDT
THIS CREDIT CARD COMPANY OFFERED ME A CARD WITH A $2,000 DOLLAR LIMIT. THE THING IS, YOU CANT DRAW ANY MONEY! ONLY PURCHASE ITEMS. IS THIS UNUSUAL? ANYONE EVER HEAR OF THIS BEFORE? THANK YOU.
Author: mouse
Posted: Mon Jun 28, 2004 8:13 pm
Post subject: Credit Card Without Cash Advances
9/12/2002 9:05 pm CDT
NO BIGGIE!!!
I don’t do CASH ADVANCES anyway.
Balance transfers or purchases only.
Author: joe
Posted: Mon Jun 28, 2004 8:13 pm
Post subject: Credit Card Without Cash Advances
9/14/2002 10:19 am CDT
WHAT’S A BALANCE TRANSFER? CAN SOMEONE EXPLAIN TO ME EXACTLY WHAT IS A BALANCE TRANSFER? TRANSFER TO WHAT? THANKS!
Author: Ira
Posted: Mon Jun 28, 2004 8:14 pm
Post subject: Credit Card Without Cash Advances
9/15/2002 8:43 am CDT
A balance transfer is just what it says it is. The transfer of the unpaid balance on one credit card (usually a high interest card) to another (usually a low interest card). It’s actually a slight misnomer. Rather than “transferring” the balance, the new card pays the old card, so you’re paying off one debt and incurring a new debt of the same amount.
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Joe Taylor Jr. is an internal business consultant for a Fortune 500 company, who writes about finance, culture, and design. He holds a Bachelor of Science in Communications from Ithaca College. CardRatings.com is the most comprehensive source for comparing credit card offers. CardRatings.com is pleased to offer consumers free credit card ratings.
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