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Epic Contributor
Posts: 28,804
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.

Valued Contributor
Posts: 2,055
Registered: ‎11-17-2012
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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.


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Valued Contributor
Posts: 1,066
Registered: ‎07-09-2013
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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 |

Moderator
Posts: 9,559
Registered: ‎09-22-2012
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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.
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Epic Contributor
Posts: 28,804
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.

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