Credit Card Balance Transfer or Cash Advance?

Guest: paulagre
Post subject: Credit Card Balance Transfer or Cash Advance?
Posted: Sun Aug 27, 2006 12:54 pm

When I have done balance transfers before on 0 interest cards they ask for card number. my check card acts as a visa so could i technically enter that number and have a credit card blance transfered into a checking account?

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Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sun Aug 27, 2006 1:04 pm

paulagre wrote:
When I have done balance transfers before on 0 interest cards they ask for card number. my check card acts as a visa so could i technically enter that number and have a credit card blance transfered into a checking account?

A CHECK CARD (DEBIT) "CAN" WORK FOR A BT

The problem is that it also may NOT work and it is not a good idea to have a deposit that in so many words "BOUNCES"

Last edited by mouse on Sun Aug 27, 2006 1:14 pm; edited 1 time in total

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Guest: paulagre
Posted: Sun Aug 27, 2006 1:12 pm

What do you mean bounce?

wouldnt they just simply not accept the balance transfer?

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Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sun Aug 27, 2006 1:15 pm

paulagre wrote:
What do you mean bounce?

wouldnt they just simply not accept the balance transfer?

SENT BACK TO THE SENDER (REFUSED)

Even if it is a good deposit (fully paid)

FUNDS AVAILABLE

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