Credit Card - Credit Balance

Jim199557

Hi,

I now have a credit card with a credit balance of £3000 - long story!

Anyway, I have other cards that I need to pay off, so I am very pleased to finally be making some inroads into my debts.

Question is, how can I get this money back to my current account, in order to then pay my other cards?

I have ruled out the direct balance transfer route due to the 3% charges that I have heard of with Mint (?)

Second option, money transfer from Mint online to my bank, as it is a credit balance, will I be charged the 3% advance fee?

Can I ring them up and request it be transferred to my bank account / request a cheque, free of charge?

I've tried finding some information on this, but am having no luck. I was hoping there was a law that no charges could be brought to a credit balance on a credit card.

Thanks for your help in advance, much appreciated.

J.

jd87

Normally it can be transferred free of charge. Call them up and ask.

Moggles_2

Lenders, vary in this respect, as with nearly everything else. The outcome depends on the cc provider involved and their interpretation of anti-money laundering regulations.

Is your £3000 positive balance on a Mint credit card account?