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Help and advice please
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Kossa86
Posts: 1 Newbie
in Credit cards
If I have a credit card can I transfer some of the money to my bank account to pay a loan off and will they charge me for it the loan is with tsb
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Comments
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You can ask them. If they refuse you can simply withdraw cash from the card.
Either way you will pay the cash advance fee (~3%) and the cash advance interest from the day one, that can be higher than the interest on purchases - see your statements.
If you mean a new credit card, see MSE's money transfers guide
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