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Cash payments
ctonyc
Posts: 1 Newbie
Can you answer this please.
My wife applied for a credit card this morning & one of the questions was did she expect to pay in any cash to pay of the balance transfer. Why would the credit card company want to know if she were to do so?
Thanks
Tony
My wife applied for a credit card this morning & one of the questions was did she expect to pay in any cash to pay of the balance transfer. Why would the credit card company want to know if she were to do so?
Thanks
Tony
0
Comments
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What do you mean by 'pay of'? Was it the exact wording?Can you answer this please.
My wife applied for a credit card this morning & one of the questions was did she expect to pay in any cash to pay of the balance transfer.
Normally you are allowed to transfer up to 90-95% of the limit and the remaining 5-10% cover the BT fee.
To do what? Transfer a balance? If so, it's very natural question.Why would the credit card company want to know if she were to do so?0 -
It could be an AML question.0
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