I know that Bank of America does. Most banks will do that. They make alot of money off that. Because of the cash advance fees and it’s a higher interest rate than purchases.
Most credit card companies will send you a check that you can write out for cash but ask what interest rate it will be and also ask what the fees are as they can really bend you over with the fees.
NONE. A balance transfer is when use the card to pay an existing DEBT. A transfer to your checking account is a CASH ADVANCE. EVERY bank charges higher fees and interest rates for cash advances than for balance transfers.
I am real lit in banking and your question is puzzling – your bank may grantee a credit card with an existing checking account, but you cannot transfer your credit card balance to your checking… that would be sending a negative and a bank won’t secure that at any rate – if you are looking for a secured credit card you will find most banks have stopped this practice – you will have to find a bank that is not FDIC insured.
I know that Bank of America does. Most banks will do that. They make alot of money off that. Because of the cash advance fees and it’s a higher interest rate than purchases.
Most credit card companies will send you a check that you can write out for cash but ask what interest rate it will be and also ask what the fees are as they can really bend you over with the fees.
NONE. A balance transfer is when use the card to pay an existing DEBT. A transfer to your checking account is a CASH ADVANCE. EVERY bank charges higher fees and interest rates for cash advances than for balance transfers.
I am real lit in banking and your question is puzzling – your bank may grantee a credit card with an existing checking account, but you cannot transfer your credit card balance to your checking… that would be sending a negative and a bank won’t secure that at any rate – if you are looking for a secured credit card you will find most banks have stopped this practice – you will have to find a bank that is not FDIC insured.