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Do Credit Card lenders let you transfer funds to your current account?
Kaynem
Posts: 107 Forumite
in Credit cards
Is that possible to do? Would it be termed as a 'cash advance' if i do?
If yes, do all credit card companies offer this?
Thanks.
If yes, do all credit card companies offer this?
Thanks.
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Comments
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Seems if you have an egg Money card, that will allow you to transfer a positive balance to your current account. I believe this is called a mule card as you can balance transfer onto it, and then move the money to your current account.
More details on the Stoozing forum, under the credit card forum.
Also if you find it in your travels of this site, there is a fantastic article by somebody (whose name escapes me) who paid off his mortgage by stoozing using the egg Money card.If you are at a poker game and you cannot figure out who is the patsy then guess what...you're the patsy - Warren Buffet0 -
I've done this using a Paypal account previously, though beware of the percentage fees that Paypal takes for receiving/extracting money. Depends on how desperately you need the money in your current account
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