topic Re: Discover card Cash advances? in Credit Cards

Discover card Cash advances?

maiden_girl — Thu, 04 Oct 2012 17:18:35 GMT

Has anyone used this feature before? I have a card and was interested in using it for a cash advance but I wasn't sure if there were any fees involved with an atm transaction...

Re: Discover card Cash advances?

navigatethis12 — Thu, 04 Oct 2012 17:20:45 GMT

If you must, do it as "cashback" at a shop. Sometimes when you swipe they ask if you would like cashback. According to Discover, this saves you a trip to the bank to get cash. They count it as a purchase so no cash advance fees.

Re: Discover card Cash advances?

jsickz32 — Thu, 04 Oct 2012 17:25:04 GMT

I did at a SHAWS as cashback only for $10 just to see what it showed up as in my stament. Wouldnt do it at a atm tho.

Re: Discover card Cash advances?

maiden_girl — Thu, 04 Oct 2012 17:25:38 GMT

navigatethis12 wrote:
If you must, do it as "cashback" at a shop. Sometimes when you swipe they ask if you would like cashback. According to Discover, this saves you a trip to the bank to get cash. They count it as a purchase so no cash advance fees.

Thanks! I was concerned about the cut limit tho. I know a lot of stores highest cash back allowance is usually around 60 to 80 bucks. I just didn't want to hit any atm fees and I didn't want to be charged standard APR when I'm in a 15 month 0% APR promotion... *sighs*

Re: Discover card Cash advances?

firesoul453 — Thu, 04 Oct 2012 17:33:19 GMT

maiden_girl wrote:
navigatethis12 wrote:
If you must, do it as "cashback" at a shop. Sometimes when you swipe they ask if you would like cashback. According to Discover, this saves you a trip to the bank to get cash. They count it as a purchase so no cash advance fees.
Thanks! I was concerned about the cut limit tho. I know a lot of stores highest cash back allowance is usually around 60 to 80 bucks. I just didn't want to hit any atm fees and I didn't want to be charged standard APR when I'm in a 15 month 0% APR promotion... *sighs*

Ya your fine. Not sure how much you can get at a register, but sure beats the expensive cash advnace fees of an atm withdraw, never used it but definetly nice to have.

Re: Discover card Cash advances?

migliogiorni — Thu, 04 Oct 2012 19:09:01 GMT

most you can get in a day is 120, have to do 2 seperate purchases though max per ring up is 60.

Re: Discover card Cash advances?

jdsteel731 — Thu, 04 Oct 2012 19:15:57 GMT

OP, have you considered Discover's money messenger feature? If you have a PayPal account linked to a personal checking account, you can send money to yourself, as long as you are eligible to use this feature. To see if you are, click on "Send Money" at the top of your Discover site.

Re: Discover card Cash advances?

SwampSystems — Thu, 04 Oct 2012 19:37:29 GMT

jdsteel731 wrote:
OP, have you considered Discover's money messenger feature? If you have a PayPal account linked to a personal checking account, you can send money to yourself, as long as you are eligible to use this feature. To see if you are, click on "Send Money" at the top of your Discover site.

You cannot send money to yourself with Money Messenger. It is against the terms of service.

You can send it to someone else who can then withdraw it and hand it to you.

Re: Discover card Cash advances?

jdsteel731 — Thu, 04 Oct 2012 19:52:05 GMT

Oh really? Thanks for the clarification. Then in that case, if you have a nice friend/relative who would be willing to help you out, you could always send money to them.

Re: Discover card Cash advances?

SwampSystems — Thu, 04 Oct 2012 19:54:23 GMT

jdsteel731 wrote:
Oh really? Thanks for the clarification. Then in that case, if you have a nice friend/relative who would be willing to help you out, you could always send money to them.

I've been doing it for a few months now to generate rewards. It's risky though. Honestly I would expect PayPal to shut you down for suspicious behavior before Discover would do anything about it.

Re: Discover card Cash advances?

jdsteel731 — Thu, 04 Oct 2012 19:58:48 GMT

Oh yeah, because you get CB because the transfers are considered purchases huh? I can see where you're coming from though, PayPal may become suspicious if they see $200~$1000 of transfers from the same individual every month, lol.

Re: Discover card Cash advances?

jsucool76 — Thu, 04 Oct 2012 20:02:14 GMT

I wouldn't recommend doing that, as it against the T&Cs of your card, and, I don't think stuff like that should be talked about on the forums because it usually gets a thread locked.

Although, I didn't know you could get "Cash Back" at a store with a credit card (with the exception of things like the walmart credit card @ walmart). The only way I could think of would be to run it as a debit and put in your PIN, but I didn't know you could do that either, and if you did, wouldn't discover realize it since it is a PIN based transaction and automatically put it on your statement as a cash advance? Which would then result in you being charged a cash advance fee...

Re: Discover card Cash advances?

SwampSystems — Thu, 04 Oct 2012 20:09:53 GMT

jsucool76 wrote:
I wouldn't recommend doing that, as it against the T&Cs of your card, and, I don't think stuff like that should be talked about on the forums because it usually gets a thread locked.

Actually, I called them twice before I started doing it and asked very specifically if it was against the terms and conditions. They said that as long as I am not sending the money to myself, it is not against the terms and conditions. So I send it to someone else who then withdraws it and hands it to me. I have reason to be sending that person money anyway, so there is plausible deniability if they ever decide to question it.

jsucool76 wrote:
Although, I didn't know you could get "Cash Back" at a store with a credit card (with the exception of things like the walmart credit card @ walmart). The only way I could think of would be to run it as a debit and put in your PIN, but I didn't know you could do that either, and if you did, wouldn't discover realize it since it is a PIN based transaction and automatically put it on your statement as a cash advance? Which would then result in you being charged a cash advance fee...

It's called Cash Over Purchases and is supported at select retailers. I do not know if Cash Over generates rewards.

Re: Discover card Cash advances?

AF_23 — Thu, 04 Oct 2012 20:23:59 GMT

SwampSystems wrote:
jdsteel731 wrote:
Oh really? Thanks for the clarification. Then in that case, if you have a nice friend/relative who would be willing to help you out, you could always send money to them.
I've been doing it for a few months now to generate rewards. It's risky though. Honestly I would expect PayPal to shut you down for suspicious behavior before Discover would do anything about it.

Be thankful they're not like AmEx lol. F/R would follow immediatly

Re: Discover card Cash advances?

jsucool76 — Thu, 04 Oct 2012 20:46:38 GMT

SwampSystems wrote:
jsucool76 wrote:
I wouldn't recommend doing that, as it against the T&Cs of your card, and, I don't think stuff like that should be talked about on the forums because it usually gets a thread locked.
Actually, I called them twice before I started doing it and asked very specifically if it was against the terms and conditions. They said that as long as I am not sending the money to myself, it is not against the terms and conditions. So I send it to someone else who then withdraws it and hands it to me. I have reason to be sending that person money anyway, so there is plausible deniability if they ever decide to question it.
jsucool76 wrote:
Although, I didn't know you could get "Cash Back" at a store with a credit card (with the exception of things like the walmart credit card @ walmart). The only way I could think of would be to run it as a debit and put in your PIN, but I didn't know you could do that either, and if you did, wouldn't discover realize it since it is a PIN based transaction and automatically put it on your statement as a cash advance? Which would then result in you being charged a cash advance fee...
It's called Cash Over Purchases and is supported at select retailers. I do not know if Cash Over generates rewards.

I meant specifically sending it to yourself :P If you're not doing that then it's all good :P

Re: Discover card Cash advances?

maiden_girl — Thu, 04 Oct 2012 21:39:18 GMT

SwampSystems wrote:
jsucool76 wrote:
I wouldn't recommend doing that, as it against the T&Cs of your card, and, I don't think stuff like that should be talked about on the forums because it usually gets a thread locked.
Actually, I called them twice before I started doing it and asked very specifically if it was against the terms and conditions. They said that as long as I am not sending the money to myself, it is not against the terms and conditions. So I send it to someone else who then withdraws it and hands it to me. I have reason to be sending that person money anyway, so there is plausible deniability if they ever decide to question it.
jsucool76 wrote:
Although, I didn't know you could get "Cash Back" at a store with a credit card (with the exception of things like the walmart credit card @ walmart). The only way I could think of would be to run it as a debit and put in your PIN, but I didn't know you could do that either, and if you did, wouldn't discover realize it since it is a PIN based transaction and automatically put it on your statement as a cash advance? Which would then result in you being charged a cash advance fee...
It's called Cash Over Purchases and is supported at select retailers. I do not know if Cash Over generates rewards.

Yea, I looked up the cash over thing via Discover and its not supported by all retailers...not like Target or anything. I noticed it was just grocery stores on the list. Anyway I'm not sure if a cash over purchase is treated as a cash advance. LOL. I've never used a cash advance...its confusing!

Re: Discover card Cash advances?

jsucool76 — Thu, 04 Oct 2012 21:46:38 GMT

maiden_girl wrote:
SwampSystems wrote:
jsucool76 wrote:
I wouldn't recommend doing that, as it against the T&Cs of your card, and, I don't think stuff like that should be talked about on the forums because it usually gets a thread locked.
Actually, I called them twice before I started doing it and asked very specifically if it was against the terms and conditions. They said that as long as I am not sending the money to myself, it is not against the terms and conditions. So I send it to someone else who then withdraws it and hands it to me. I have reason to be sending that person money anyway, so there is plausible deniability if they ever decide to question it.
jsucool76 wrote:
Although, I didn't know you could get "Cash Back" at a store with a credit card (with the exception of things like the walmart credit card @ walmart). The only way I could think of would be to run it as a debit and put in your PIN, but I didn't know you could do that either, and if you did, wouldn't discover realize it since it is a PIN based transaction and automatically put it on your statement as a cash advance? Which would then result in you being charged a cash advance fee...
It's called Cash Over Purchases and is supported at select retailers. I do not know if Cash Over generates rewards.
Yea, I looked up the cash over thing via Discover and its not supported by all retailers...not like Target or anything. I noticed it was just grocery stores on the list. Anyway I'm not sure if a cash over purchase is treated as a cash advance. LOL. I've never used a cash advance...its confusing!

It says at the bottom under the "FAQ" that there is no fee, it isn't considered a cash advance, and it shows up as part of your purchase.

Re: Discover card Cash advances?

maiden_girl — Thu, 04 Oct 2012 21:53:59 GMT

jsucool76 wrote:
maiden_girl wrote:
SwampSystems wrote:
jsucool76 wrote:
I wouldn't recommend doing that, as it against the T&Cs of your card, and, I don't think stuff like that should be talked about on the forums because it usually gets a thread locked.
Actually, I called them twice before I started doing it and asked very specifically if it was against the terms and conditions. They said that as long as I am not sending the money to myself, it is not against the terms and conditions. So I send it to someone else who then withdraws it and hands it to me. I have reason to be sending that person money anyway, so there is plausible deniability if they ever decide to question it.
jsucool76 wrote:
Although, I didn't know you could get "Cash Back" at a store with a credit card (with the exception of things like the walmart credit card @ walmart). The only way I could think of would be to run it as a debit and put in your PIN, but I didn't know you could do that either, and if you did, wouldn't discover realize it since it is a PIN based transaction and automatically put it on your statement as a cash advance? Which would then result in you being charged a cash advance fee...
It's called Cash Over Purchases and is supported at select retailers. I do not know if Cash Over generates rewards.
Yea, I looked up the cash over thing via Discover and its not supported by all retailers...not like Target or anything. I noticed it was just grocery stores on the list. Anyway I'm not sure if a cash over purchase is treated as a cash advance. LOL. I've never used a cash advance...its confusing!

It says at the bottom under the "FAQ" that there is no fee, it isn't considered a cash advance, and it shows up as part of your purchase.

Thanks. I was on the site for about 15 minutes this morning trying to find that...smh

Re: Discover card Cash advances?

migliogiorni — Thu, 04 Oct 2012 23:18:21 GMT

it's a really cool feature I like it and have used it twice.