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Epic Contributor
Creditaddict
Posts: 21,659
Registered: ‎10-23-2007
0

Warning for funding DCU with a Credit Card

I funded my DCU Savings and Checking account with my First National Bank Credit Card for $15 and was charged $15 Cash Advance Fee by FNBO.  I learned my lesson and used our checking account to fund my partners account.

Fico Scores: EQ- 653 Cap1., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
65 Cards and Counting :smileytongue:
Valued Contributor
daybreakgonesXe
Posts: 1,862
Registered: ‎11-17-2012
0

Re: Warning for funding DCU with a Credit Card


Creditaddict wrote:

I funded my DCU Savings and Checking account with my First National Bank Credit Card for $15 and was charged $15 Cash Advance Fee by FNBO.  I learned my lesson and used our checking account to fund my partners account.


Wow, that stinks D: I know when I funded mine I asked both DCU and Chase if using my credit card would result in a cash advance fee, or if it would be coded as a purchase. They both answered as a purchase.

 

A years difference could've changed it, or FNBO may be smart and recognize the transaction as such.

Capital One Quicksilver World Mastercard $10k | JCPenney Platinum $7.5k | Shell Drive for Five $800 | Chase Freedom Visa Signature $9.8k | TD Bank Easy Rewards Visa Signature $5k | Chase Sapphire Visa Signature $10k | American Express Blue Sky $25k | Discover IT $9.5k | SavingStar American Express $14.8k

FICOS: EX 744 EQ 706 TU 733 Credit Karma (TU) 785 Transrisk 808/990 Credit Sesame (EX) 764 Credit.com (EX) 764 VantageScore 3.0 719 Quizzle (EQ) 721
Valued Contributor
wHiTeSoL
Posts: 1,063
Registered: ‎07-09-2013
0

Re: Warning for funding DCU with a Credit Card

I did chase as well at the end of 2013 and it was treated as a purchase. 


   3/12 $3500     6/12 $1200      10/12 $1500   12/12 $3400    6/13 $12000      7/13 $5000      7/13 $2500       8/13 $2000    8/13 $6000

  | CSP (AU) $12,000 | Amex PRG (AU) | United $6,000 | OCCU $12,000 | Ink Bold | GM $3,200 | DCU $7500 | Luthansa $9000 | SPG $6,000 | Citi AA Executive $11,000 | Ink Plus $5,000                                                                         | EX 2/7 697 | EQ 10/27 721 | TU 12/15 719 |

Senior Contributor
B335is
Posts: 4,497
Registered: ‎09-22-2012
0

Re: Warning for funding DCU with a Credit Card

I funded a US Bank checking acct with a Citi card not too long ago and it was coded cash advance.
Epic Contributor
Creditaddict
Posts: 21,659
Registered: ‎10-23-2007
0

Re: Warning for funding DCU with a Credit Card

I tried to call FNBO and she acted like I was STUPID... Cut my losses on that one and my account is already closed with them anyway, was just hoping I might sweet talk a 1 time courtesy waive but I'm not sweet talking anyone that is talking to me stupid.

Fico Scores: EQ- 653 Cap1., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
65 Cards and Counting :smileytongue:

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