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.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

I need to £3000 from my Amex Gold Credit Card to my Halifax Current Account

Hi I'm from the UK and I've got a American Express® Preferred Rewards Gold Credit Card, unfortunately haven spoken to customer service today there is no way do a cash transfer to a bank account or even an ATM withdrawal for my account. I need £3000 from my Amex balance to my Halifax current account, however I can't find any methods online.

I was thinking to buy some iPhones and selling it on eBay but I've realised that's a bad idea because of eBay fees involved and there is no guarantee my items will sell. Please tell me quick method with low fees, thanks. PS: I know its a bad idea to bank transfer from a credit card but I really need to do this, thanks.

Comments

  • Can’t be done.

    You need a cash transfer card for this. Why the need though?
  • Not sure if it will work for a private account but there is billhop.com that let you pay on a bank account using a credit card (at a fee)
  • Emmia
    Emmia Posts: 7,008 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    So, if you've realised the iPhones idea is a bad idea because of fees, why do you still need the cash?
  • Ebe_Scrooge
    Ebe_Scrooge Posts: 7,320 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There's more to this story than you're telling us.  If you can elaborate on the "need" to transfer cash from Amex to your bank, the collective wisdom of this forum will more than likely be able to help.
    neeeero said:

    I need £3000 from my Amex balance to my Halifax current account,

    You don't mean that you've got a £3000 credit balance on there, do you (i.e. you've overpaid or received a refund from somewhere)?  If so, just ring them up and ask them to transfer it to your bank - that's standard practice if any credit card goes into a positive balance.

  • Sandtree
    Sandtree Posts: 10,628 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    Can’t be done.

    You need a cash transfer card for this. Why the need though?
    Well it can be, but you are almost certainly breaking T&Cs... plenty have used two PayPal accounts to do a Friends and Family transfer funded by a credit card and withdrawn to a bank account
  • OP, it’s really poor manners to delete posts as you are doing. What are you up to?
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.8K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.8K Work, Benefits & Business
  • 603.3K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.