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 Credit Card to Cash

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geekofIT
post Apr 5 2021, 05:17 PM

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QUOTE(victorian @ Apr 5 2021, 05:05 PM)
Go+
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This one is the touch n' go ah?
geekofIT
post Apr 5 2021, 05:26 PM

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QUOTE(victorian @ Apr 5 2021, 05:05 PM)
Go+
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Thanks bro, really can.
holyjacky
post Apr 21 2021, 01:49 PM

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I get banned from using credit cards to reload TnG after withdraw thousands from Go+ one day after reloading
tehoice
post Apr 21 2021, 04:03 PM

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QUOTE(holyjacky @ Apr 21 2021, 01:49 PM)
I get banned from using credit cards to reload TnG after withdraw thousands from Go+ one day after reloading
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means for example, you reload 2000 into your TnG > then put into GO+ > withdraw from GO+ to your bank account?

This sounds like cash advance without interest (provided you fully pay your CC at the end of the money).

Sounds good, if you need to use the cash urgently, or to use it to fund some investment purchases, etcccc.....
Sumofwhich
post Apr 22 2021, 08:58 AM

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QUOTE(holyjacky @ Apr 21 2021, 01:49 PM)
I get banned from using credit cards to reload TnG after withdraw thousands from Go+ one day after reloading
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How much did you reload and withdraw after a day?
Withdrawal a day after pun kena banned?
ck2021
post Apr 28 2021, 11:52 AM

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hi, do any one know what is the limit that can cash out from Shoppee pay, touch n go or lazada wallet? Any restrictions?
SUPERMAN FLYING
post Aug 5 2023, 08:42 PM

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Halooo everyone, here already senyap for 2 years.

After SSPN limited withdrawal to 1000/times, any new method for Credit Card to Cash
SUSBrookLes
post Aug 9 2023, 12:31 AM

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Actually you can still reload your TNG using cc especially those that give you cash back. But you can use tng to spend after that and not withdraw that money. If withdraw will get suspended your card.

I dunno this money in your TNG can transfer to others and then the others can withdraw after that or not.

If can this is a loophole.

This post has been edited by BrookLes: Aug 9 2023, 12:32 AM
aliahussien2u
post Aug 9 2023, 09:32 AM

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dangerous to use your credit card for cash...spend with what you can afford icon_rolleyes.gif
lil twist
post Aug 9 2023, 09:35 AM

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QUOTE(BrookLes @ Aug 9 2023, 12:31 AM)
Actually you can still reload your TNG using cc especially those that give you cash back. But you can use tng to spend after that and not withdraw that money. If withdraw will get suspended your card.

I dunno this money in your TNG can transfer to others and then the others can withdraw after that or not.

If can this is a loophole.
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You can withdraw via duitnow transfer, but i think now they limit RM1000 per month only to topup using your CC.
xander2k8
post Aug 9 2023, 03:01 PM

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QUOTE(aliahussien2u @ Aug 9 2023, 09:32 AM)
dangerous to use your credit card for cash...spend with what you can afford icon_rolleyes.gif
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You just make 🤦‍♀️ bank shareholders unhappy

Anyway banks would smart enough to close the loophole especially credit to cash transfer
SUSBrookLes
post Aug 9 2023, 04:11 PM

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QUOTE(lil twist @ Aug 9 2023, 09:35 AM)
You can withdraw via duitnow transfer, but i think now they limit RM1000 per month only to topup using your CC.
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Can withdraw is one thing, your cc get ban later is another.
That's why I suggest to transfer to another tng account and then withdraw your money from that account.

Because I got banned once for putting my money into touch and go using cc and taking out immediately.
SUSBrookLes
post Aug 9 2023, 04:12 PM

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QUOTE(xander2k8 @ Aug 9 2023, 03:01 PM)
You just make 🤦‍♀️ bank shareholders unhappy

Anyway banks would smart enough to close the loophole especially credit to cash transfer
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Malaysian banks are not known for their intelligence
lil twist
post Aug 9 2023, 04:39 PM

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QUOTE(BrookLes @ Aug 9 2023, 04:11 PM)
Can withdraw is one thing, your cc get ban later is another.
That's why I suggest to transfer to another tng account and then withdraw your money from that account.

Because I got banned once for putting my money into touch and go using cc and taking out immediately.
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Really? Touchwood - mine is still OK, but I think previously it was at RM5000, but then they reduce it to RM1000. Not sure for me only or is the standard now sweat.gif
xander2k8
post Aug 9 2023, 05:00 PM

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QUOTE(BrookLes @ Aug 9 2023, 04:12 PM)
Malaysian banks are not known for their intelligence
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You will be suprise now that they are much more intelligent 🤦‍♀️ compare to those days

QUOTE(lil twist @ Aug 9 2023, 04:39 PM)
Really? Touchwood - mine is still OK, but I think previously it was at RM5000, but then they reduce it to RM1000. Not sure for me only or is the standard now sweat.gif
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Yes it is standard now but you can pay the fees to raise it to transferable
lil twist
post Aug 9 2023, 05:02 PM

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QUOTE(xander2k8 @ Aug 9 2023, 05:00 PM)
You will be suprise now that they are much more intelligent 🤦‍♀️ compare to those days
Yes it is standard now but you can pay the fees to raise it to transferable
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Yeah, saw the 1% charge. Now limiting to RM1000 per month and looking into other alternatives tongue.gif

Last time shopeepay can, but now cannot already doh.gif
Avenger_2012
post Aug 9 2023, 05:28 PM

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For the past several months I had reloaded tng and bigpay using my credit card and pay the additional 1% fee after the first 1k. Withdraw the money immediately to my bank account, no issues.
This is good only if your cc gives you higher cashback than 1%.

This post has been edited by Avenger_2012: Aug 9 2023, 05:28 PM
SUSBrookLes
post Aug 9 2023, 05:30 PM

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QUOTE(xander2k8 @ Aug 9 2023, 05:00 PM)
You will be suprise now that they are much more intelligent 🤦‍♀️ compare to those days
Yes it is standard now but you can pay the fees to raise it to transferable
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Nah. Still think 99% are those that sit and eat salary only.

And like another forumer said. If you deposit more then 1k you can still withdraw if more then 1%. But many banks still give charge back of much more then 1% for ewallet deposit.

If I were them, I will not even allow you to deposit cc inside TNG.

You can still get the cash back if you use tng to make your purchases which will charge to your cc.

Instead of just banning ppl card just because you give others loopholes

Or, the money can only transfer to TNG merchants only. And any merchants caught abusing this, will get their account suspended.

Never understand the need to reload your balance using cc when tng will auto charge your cc anyway unless the purpose is to raise as much money as possible to earn in the money markets.

But very very few ppl will reload tng wallet and leave their money there using cc.

This post has been edited by BrookLes: Aug 9 2023, 05:45 PM
SUSguy3288
post Aug 9 2023, 06:16 PM

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QUOTE(aliahussien2u @ Aug 9 2023, 09:32 AM)
dangerous to use your credit card for cash...spend with what you can afford icon_rolleyes.gif
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must know how to do it safely bro.
i dont really spend so much, but can get so much cash back you see.

dont use credit card banyak rugi

QUOTE(xander2k8 @ Aug 9 2023, 03:01 PM)
You just make 🤦‍♀️ bank shareholders unhappy

Anyway banks would smart enough to close the loophole especially credit to cash transfer
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You may want to think again

you are slow if you wait for bank to close lobang.

This post has been edited by guy3288: Aug 9 2023, 11:06 PM


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xander2k8
post Aug 10 2023, 06:41 AM

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QUOTE(BrookLes @ Aug 9 2023, 05:30 PM)
Nah. Still think 99% are those that sit and eat salary only.

And like another forumer said. If you deposit more then 1k you can still withdraw if more then 1%. But many banks still give charge back of much more then 1% for ewallet deposit.

If I were them, I will not even allow you to deposit cc inside TNG.

You can still get the cash back if you use tng to make your purchases which will charge to your cc.

Instead of just banning ppl card just because you give others loopholes

Or, the money can only transfer to TNG merchants only. And any merchants caught abusing this, will get their account suspended.

Never understand the need to reload your balance using cc when tng will auto charge your cc anyway unless the purpose is to raise as much money as possible to earn in the money markets.

But very very few ppl will reload tng wallet and leave their money there using cc.
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How much cash back you think you can get 🤦‍♀️ when all this cash back are short term promo with limited amounts as it will dried up sooner than you know

QUOTE(guy3288 @ Aug 9 2023, 06:16 PM)
must know how to do it safely bro.
i dont really spend so much, but can get so much cash back you see.

dont use credit card banyak rugi
You may want to  think again

you are slow if you wait for bank to close lobang.
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Good luck to you when you just posting out 🤦‍♀️ and very soon your account will get ban 👏

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