Credit Cards Center Credit cards from our partners
Reply
Epic Contributor
Posts: 28,537
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.

I may have left the garden 06/20/2016 Smiley Tongue
Partner Joined Garden 04/11/2016
Established Member
Posts: 1,994
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 WMC $20k | JCPenney Platinum $10k | Shell Drive for Five $800 | Chase Freedom VS $5k | TD Bank Easy Rewards VS $5k | Chase Sapphire VS $14.8k | American Express Blue Sky $13.7k | Discover IT $24k | SavingStar American Express $14.8k | American Express BCE $11.3k | Macy's American Express $7.2k | Capital One BuyPower WEMC $7.5k

FICOS: EX 772 EQ 724 TU 764 VantageScore 3.0: EX 748 EQ 753 TU 752
Valued Contributor
Posts: 1,066
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 |

Moderator
Posts: 9,463
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
Posts: 28,537
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.

I may have left the garden 06/20/2016 Smiley Tongue
Partner Joined Garden 04/11/2016

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.