We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Moneybookers as a card mule for Vanquis/Capitalone
saskay
Posts: 53 Forumite
I would want to use Vanquis/Capitalone CC to fund my Moneybookers [dot] com account and extract a synthetic cash advance of £500 from my Vanquis/Capitalone card. Now, I’m not sure whether Vanquis/Capitalone would consider the Moneybooker transaction as a cash advance or not. I’ve done the same thing with my Vanquis & Paypal account, it was considered as a normal payment (i.e., not a cash advance). The reason I’m interested in Moneybookers is because of their competitive fees of 1.9% Vs Paypal’s 3.4% +£0.20 whilst using a CC to fund their respective accounts.
So if anyone who has used a Vanquis/Capitalone CC with their Moneybookers account and have not incurred a cash advance fee could you please confirm the same here.
Also if you can suggest any other provider to get cash from credit card cheaply it would be great.
Thanks,
So if anyone who has used a Vanquis/Capitalone CC with their Moneybookers account and have not incurred a cash advance fee could you please confirm the same here.
Also if you can suggest any other provider to get cash from credit card cheaply it would be great.
Thanks,
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 348.9K Banking & Borrowing
- 252.4K Reduce Debt & Boost Income
- 452.7K Spending & Discounts
- 241.8K Work, Benefits & Business
- 618.4K Mortgages, Homes & Bills
- 176K Life & Family
- 254.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards