Credit Tips: Tips on Transferring Credit Card Funds to Bank Account

Written by carnold
Posted On: August 29, 2006

Author: JaneiR36
Posted: Tue Aug 29, 2006 1:58 pm
Post subject: Xferring CC funds to bank acct just to have them available?

I was wondering, does anyone do that? I’m beginning to wish I did. Right now I need a lot of liquid moolah (NOT giving any details, Mr. NOSEY!!! ) and it sure would be nice not to have to dig around my apartment looking for those awesome Citibank checks! ARGH!!!!!

Author: rapjunkie
Posted: Tue Aug 29, 2006 2:46 pm
Post subject: Tips on Transferring Credit Card Funds to Bank Account

At 0% it makes good sense. Also if you have an online savings account giving you 5%, then it makes sense as long as the interest on the BT checks is less than that. It’s always good to have some liquid funds available. I tend to keep the checks handy in a file so that I don’t have to look around for them when I need them.

Author: JaneiR36
Posted: Tue Aug 29, 2006 3:11 pm
Post subject:

Oh, stupid, STUPID me! A FILE!!! I could have done that!!!

I could have also pinched pennies and saved more, but let’s not talk about things I’ve done that make me feel foolish (the list would be endless).

Author: rapjunkie
Posted: Tue Aug 29, 2006 3:14 pm
Post subject: Tips on Transferring Credit Card Funds to Bank Account

By the way, as far as Citibank goes, I believe you can go into the BT section on their site, and enter you info to transfer the funds directly into your checking account at the BT rate, thereby not needing the checks.

Author: maddybeagle
Posted: Tue Aug 29, 2006 3:58 pm
Post subject: Tips on Transferring Credit Card Funds to Bank Account

I believe that you can only do a bt online to a creditor or have them mail you a check (kinda slow).

BTW….good thing you arent telling us what it is for….if it is for a vacation…I am sure that you would get nailed Let’s hope it isnt to pay off anyone named Gweedo…

maybe call to see what they can do…