Credit Card to Cash
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 Mar 15 2020, 05:54 PM
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#1
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Senior Member
2,338 posts Joined: Oct 2014  
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QUOTE(kaiserreich @ Mar 15 2020, 01:49 PM) Few people got banned on prestopay withdrawing money  QUOTE(kaiserreich @ Mar 15 2020, 05:40 PM) Take note zapp withdraw limit is 200 per transaction and charge rm2 fees. Wow, thanks for the headups!I just found out after reloading max wallet. |
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Mar 15 2020, 05:57 PM
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#2
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Senior Member
2,338 posts Joined: Oct 2014
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QUOTE(yklooi @ Mar 15 2020, 02:26 PM) thus I think it is only GOOD for this "ONCE" extra month of free cash flow.... Thereby, swipe only half the credit limit to your ewallets, cash out and dump into whatever invesment you deem safe,for after this extra "ONCE", then it is same again.... example, monthly pay required expense (RM1k),,,,, if use your method (CC to ewallet RM1k).... use that e wallet cash (RM1k) to pay your monthly expense (RM1k). so you save using your own money (RM1k) for that month,.... then next month onward, you need to pay required expense (RM1k) PLUS the CC expenses incurred into E wallets (RM1k).... my assumption is correct? Once the card statement(s) out, swipe the remainder to pay for it. Now you have your half capacity card(s) to rinse and repeat. |
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