Credit Tips: Credit Card Convenience Checks Review

Posted On: March 1, 2006

Author: Chinga
Posted: Thu Apr 22, 2004 7:37 pm
Post subject: Credit Card Convenience Checks Review

I’ve come to find out that some banks expressly do not accept them. So question is: which banks have no problem accepting them?

Author: mouse
Posted: Fri Apr 23, 2004 6:21 pm
Post subject: Credit Card Convenience Checks Review

Chinga wrote:
I’ve come to find out that some banks expressly do not accept them. So question is: which banks have no problem accepting them?

I have never had that problem, BUT I deposit them into my checking. My bank only has a HOLD if it is over $10,000

Some banks will do a BT into your checking…SAME AS CASH–NO HOLD

Author: marlboro
Posted: Fri Apr 23, 2004 11:29 pm
Post subject: Credit Card Convenience Checks Review

with the cash advance apr on conveince checks normally i wouldn’t suggest using them anyway. but you may have a good card so i don’t know.

Author: Polonius
Posted: Sun Apr 25, 2004 12:48 am
Post subject: Credit Card Convenience Checks Review

If you run into this problem, present your actual credit card and ask for a cash advance. Nearly all banks will accept that if you have the right identification–and you’ll usually pay the same interest and fees, unless you have a special offer available.

Author: Guest
Posted: Sun Apr 25, 2004 8:59 pm
Post subject: Credit Card Convenience Checks Review

I’d like to know which banks your referring to that won’t accept a convenience check……I find it hard to believe a mid to large size bank would refuse it.

Author: Verne
Posted: Mon Apr 26, 2004 2:17 am
Post subject: Credit Card Convenience Checks Review

Years ago, I had a local small bank view my convenience checks with suspicion. They put an extraordinary hold on it and said it wasn’t really a check. Maybe that was small town prejudice. That was back in the day of 19.9 interest and huge fees. Back in the “slept on the hay barge and crawled to the bank” days.