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 Transferring money from credit cards to bank acc

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tornado dot com
post Sep 25 2019, 10:06 PM

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Don't really understand what u mean by credit card transfer money to bank account. Can explain what you want to do?

U can use credit card for transactions or payment so yes u can use it to top up bigpay card or ewallet. But these are not bank accounts
tornado dot com
post Sep 26 2019, 11:51 AM

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QUOTE(adam_lew85 @ Sep 25 2019, 10:41 PM)
Yes I just want to topup my BigPay account and withdraw cash using the BigPay card.

As I am newbie to credit card world, do I need to activate something else or apply some sort of installment plans before I can use the money transferring feature on the credit card? Or the credit card will came together with the money transferring feature?

All kind of credit cards have money transferring feature? Or how to determine whether my credit card has this money transferring feature?
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yes u can topup bigpay and withdraw cash using bigpay. no problem.

i think the term u should be using is not 'money transferring feature' but 'cash advance'. u can use this feature anytime by withdrawing money from ATM. similar to how some people recently got scammed by other ppl using their credit card and pin to withdraw from ATM.

but beware, cash advance incurs very high interest rate. pay back fast or be ready to face the consequences.
getting from bigpay instead, it's not considered cash advanced coz ur bank considered it as a normal credit card transaction to bigpay instead.

on a side note, if you're actually looking to get cash, i'd advice getting personal loan instead. credit card debt is always much higher interest rate and risky compared to personal loans.
tornado dot com
post Sep 26 2019, 08:34 PM

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go ahead to top up your bigpay with your credit card then. it shouldn't be that difficult. check the bigpay thread under finance if u want to get more info.

all da best in your finances and hopefully u'll be able to clear your card outstanding later dude

 

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