Barclaycard account credit - can I send it to another bank account etc?

Curly_one_2

Hi

I don't know if there's a workaround but if you don't ask... 

I'll have a largish credit going into my Barclaycard account soon, and as I owe money to someone for the original payment, I'd really prefer to send the money to them (without it going into my bank account and then back out again)

Any ideas please?

Thanks

pramsay13

How about this? You could ask whoever is sending you the largish credit to send it straight to the person you owe money to.

Curly_one_2

pramsay13 said:

How about this? You could ask whoever is sending you the largish credit to send it straight to the person you owe money to.

The credit is coming from Barclaycard themselves back to the card. I did ask if they could help with my request and unfortunately they said no.

MattMattMattUK

Barclaycard can refund any credit balance on thr card to a bank account in your name, they cannot refund to another person's account and they will not refund if there is an outstanding balance on your card.

Brie

If you have a credit on a card (which the banks won't like) you can then move the money from the card and pay off your friend.  So if you then take the money off the card via an ATM (assuming your card is completely in credit) then you can deposit that into a current account and transfer it to your friend.  If you try to send the money directly from the card to your friend then you will be doing a money transfer and that will incur a fee - maybe 5% or similar.  

If you don't have the available credit on your card that you owe the friend then you will be potentially be getting a cash advance that will incur an ongoing charge of 25% or 29% until it is cleared.  

Curly_one_2

Brie said:

If you have a credit on a card (which the banks won't like) you can then move the money from the card and pay off your friend.  So if you then take the money off the card via an ATM (assuming your card is completely in credit) then you can deposit that into a current account and transfer it to your friend.  If you try to send the money directly from the card to your friend then you will be doing a money transfer and that will incur a fee - maybe 5% or similar.  

If you don't have the available credit on your card that you owe the friend then you will be potentially be getting a cash advance that will incur an ongoing charge of 25% or 29% until it is cleared.  

Hi. My credit card balance is zero.

The money will go in giving me full available credit from the refund.

I've never withdrawn from an ATM with a credit card, but the amount will be too high to withdraw.

I just did a quick Google on doing this and it says withdrawing cash on a credit card will affect my credit file too (and I keep that in good order )

It looks like there's no options open to me really.

MattMattMattUK

Curly_one_2 said:

Brie said:

If you have a credit on a card (which the banks won't like) you can then move the money from the card and pay off your friend.  So if you then take the money off the card via an ATM (assuming your card is completely in credit) then you can deposit that into a current account and transfer it to your friend.  If you try to send the money directly from the card to your friend then you will be doing a money transfer and that will incur a fee - maybe 5% or similar.  

If you don't have the available credit on your card that you owe the friend then you will be potentially be getting a cash advance that will incur an ongoing charge of 25% or 29% until it is cleared.  

Hi. My credit card balance is zero.

The money will go in giving me full available credit from the refund.

I've never withdrawn from an ATM with a credit card, but the amount will be too high to withdraw.

I just did a quick Google on doing this and it says withdrawing cash on a credit card will affect my credit file too (and I keep that in good order )

It looks like there's no options open to me really.

The option is that once the card is in credit you have the balance refunded to your current account, then transfer it to the friend. Is there a reason you are so averse to that option?

Curly_one_2

MattMattMattUK said:

Curly_one_2 said:

Brie said:

If you have a credit on a card (which the banks won't like) you can then move the money from the card and pay off your friend.  So if you then take the money off the card via an ATM (assuming your card is completely in credit) then you can deposit that into a current account and transfer it to your friend.  If you try to send the money directly from the card to your friend then you will be doing a money transfer and that will incur a fee - maybe 5% or similar.  

If you don't have the available credit on your card that you owe the friend then you will be potentially be getting a cash advance that will incur an ongoing charge of 25% or 29% until it is cleared.  

Hi. My credit card balance is zero.

The money will go in giving me full available credit from the refund.

I've never withdrawn from an ATM with a credit card, but the amount will be too high to withdraw.

I just did a quick Google on doing this and it says withdrawing cash on a credit card will affect my credit file too (and I keep that in good order )

It looks like there's no options open to me really.

The option is that once the card is in credit you have the balance refunded to your current account, then transfer it to the friend. Is there a reason you are so averse to that option?

From my original post:

"I'd really prefer to send the money to them (without it going into my bank account and then back out again)"

Thanks

MattMattMattUK

Curly_one_2 said:

MattMattMattUK said:

Curly_one_2 said:

Brie said:

If you have a credit on a card (which the banks won't like) you can then move the money from the card and pay off your friend.  So if you then take the money off the card via an ATM (assuming your card is completely in credit) then you can deposit that into a current account and transfer it to your friend.  If you try to send the money directly from the card to your friend then you will be doing a money transfer and that will incur a fee - maybe 5% or similar.  

If you don't have the available credit on your card that you owe the friend then you will be potentially be getting a cash advance that will incur an ongoing charge of 25% or 29% until it is cleared.  

Hi. My credit card balance is zero.

The money will go in giving me full available credit from the refund.

I've never withdrawn from an ATM with a credit card, but the amount will be too high to withdraw.

I just did a quick Google on doing this and it says withdrawing cash on a credit card will affect my credit file too (and I keep that in good order )

It looks like there's no options open to me really.

The option is that once the card is in credit you have the balance refunded to your current account, then transfer it to the friend. Is there a reason you are so averse to that option?

From my original post:

"I'd really prefer to send the money to them (without it going into my bank account and then back out again)"

Thanks

I know that is in your original post, but the question was why are you averse to the most rational course of action, and indeed the only course of action that is open to you.

Curly_one_2

MattMattMattUK said:

Curly_one_2 said:

MattMattMattUK said:

Curly_one_2 said:

Brie said:

If you have a credit on a card (which the banks won't like) you can then move the money from the card and pay off your friend.  So if you then take the money off the card via an ATM (assuming your card is completely in credit) then you can deposit that into a current account and transfer it to your friend.  If you try to send the money directly from the card to your friend then you will be doing a money transfer and that will incur a fee - maybe 5% or similar.  

If you don't have the available credit on your card that you owe the friend then you will be potentially be getting a cash advance that will incur an ongoing charge of 25% or 29% until it is cleared.  

Hi. My credit card balance is zero.

The money will go in giving me full available credit from the refund.

I've never withdrawn from an ATM with a credit card, but the amount will be too high to withdraw.

I just did a quick Google on doing this and it says withdrawing cash on a credit card will affect my credit file too (and I keep that in good order )

It looks like there's no options open to me really.

The option is that once the card is in credit you have the balance refunded to your current account, then transfer it to the friend. Is there a reason you are so averse to that option?

From my original post:

"I'd really prefer to send the money to them (without it going into my bank account and then back out again)"

Thanks

I know that is in your original post, but the question was why are you averse to the most rational course of action, and indeed the only course of action that is open to you.

I'd rather not state my reasons in a public forum, and I believe sharing that info is not necessary to add to the question asked.

Thank you.

Belenus

MattMattMattUK said:

Curly_one_2 said:

MattMattMattUK said:

Curly_one_2 said:

Brie said:

If you have a credit on a card (which the banks won't like) you can then move the money from the card and pay off your friend.  So if you then take the money off the card via an ATM (assuming your card is completely in credit) then you can deposit that into a current account and transfer it to your friend.  If you try to send the money directly from the card to your friend then you will be doing a money transfer and that will incur a fee - maybe 5% or similar.  

If you don't have the available credit on your card that you owe the friend then you will be potentially be getting a cash advance that will incur an ongoing charge of 25% or 29% until it is cleared.  

Hi. My credit card balance is zero.

The money will go in giving me full available credit from the refund.

I've never withdrawn from an ATM with a credit card, but the amount will be too high to withdraw.

I just did a quick Google on doing this and it says withdrawing cash on a credit card will affect my credit file too (and I keep that in good order )

It looks like there's no options open to me really.

The option is that once the card is in credit you have the balance refunded to your current account, then transfer it to the friend. Is there a reason you are so averse to that option?

From my original post:

"I'd really prefer to send the money to them (without it going into my bank account and then back out again)"

Thanks

I know that is in your original post, but the question was why are you averse to the most rational course of action, and indeed the only course of action that is open to you.

I can think of a few reasons why the OP might want to avoid going via his/her bank, some of which make it understandable why he/she doesn't want to reveal his/her reason on here.

As he writes above, we don't need to know his/her reasons although it does appear that he/she only has the bank option.