Help On drawing cash from Credit Cards

belgiumdave

Hi Everyone,

Need some quick advice.

I am trying to pay of a credit card by drawing money of another credit card. I know balance transfers would be easier but it not working.

To cut a long story short. What is the best card to draw money of?

And if I get a 0% on purchases will i still get charged for it.

Please Help

Dave

Angie8

Drawing cash on a credit card will cost you, as there nearly always a handling fee for each withdrawal, which is something like 2%-2.5%, depending on the card concerned. Even worse, cash advances aren't usually covered under your introductory rate, so not only will you not get them at 0%, they attract an APR which is higher than the standard APR of your credit card.

You really need to do a balance transfer as it is quick and easy to do nowadays. Why is your balance transfer not working?

YorkshireBoy

Angie8 wrote:

Why is your balance transfer not working?

Just a guess, but could it be a foreign credit card (ie, belgiumdave). In which case an SBT might fit the bill. Check out the "What is a super balance transfer?" article here...
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1085355871,12390,