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Credit Card Deposit to Savings Account

Hey,

Never heard of this but worth asking....

Does anyone know of any savings accounts which accepts deposits via Credit Cards free of charge?

Thanks

Comments

  • izools
    izools Posts: 7,513 Forumite
    1,000 Posts Combo Breaker
    I'm afraid no such thing exists.

    One way to extract cash from a credit card is to use it to paypal a friend a given amount of money and ask them to withdraw the funds and transfer back to your bank account. You'll pay the paypal fee but you wont pay cash interest rates, just purchase rates (and no cash withdrawl fee)
    Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
  • iereboy
    iereboy Posts: 415 Forumite
    edited 31 July 2010 pm31 8:53PM
    Thank you izools.

    Am trying to boost my air miles urgently to see an unwell relative! Thanks
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