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Pull Cash off Credit Cards

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Anonymous
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Pull Cash off Credit Cards

How do you pull cash off cards. Someone told me if you try to use PayPal or Square they may cancel Ur account. Is this True?
Message 1 of 19
18 REPLIES 18
Anonymous
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Re: Pull Cash off Credit Cards


@Anonymous wrote:
How do you pull cash off cards. Someone told me if you try to use PayPal or Square they may cancel Ur account. Is this True?

Yes PayPal and/or Square will shut you down if you use it for that purpose.

Message 2 of 19
Anonymous
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Re: Pull Cash off Credit Cards

Is there any other way to do it?
Message 3 of 19
Anonymous
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Re: Pull Cash off Credit Cards


@Anonymous wrote:
Is there any other way to do it?

Most cards have a cash advance feature that can be used.

Message 4 of 19
Anonymous
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Re: Pull Cash off Credit Cards


@Anonymous wrote:
Is there any other way to do it?

Can you request checks?  That is another route you can take.

Message 5 of 19
Anonymous
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Re: Pull Cash off Credit Cards

When I request checks will there be a fee? And will it be okay to write myself a check? New to pulling cash. Need 4500 to close a deal. Making sure it van be done before I screw up
Message 6 of 19
Anonymous
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Re: Pull Cash off Credit Cards

For Instance someone tried to pull money off their American Express via Square and American Express cancelled their account. I dont want to experience that. So I heard people telling me how they would get thousands cash off their card but never knew how myself. If this is not true so be it. Just trying to learn what can and can not be done,,,

Message 7 of 19
Anonymous
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Re: Pull Cash off Credit Cards

You don't even need checks. You can take the credit card to your bank and have them run a cash advance transaction and deposit the money in your account. BUT, the amount cannot exceed your cash advance limit.

Message 8 of 19
Anonymous
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Re: Pull Cash off Credit Cards


@Anonymous wrote:
When I request checks will there be a fee? And will it be okay to write myself a check? New to pulling cash. Need 4500 to close a deal. Making sure it van be done before I screw up

Yes, there is a fee when you do a cash advance and the interest rate will be significantly higher than the APR for purchases - unless it's a balance transfer check with a special rate. Yes, it's okay to write yourself a check. BUT, the amount cannot exceed the cash advance line for the credit card - unless it's a balance transfer check. Barclays, for example, sends "balance transfer" checks that can be used for anything all the way up to the credit card limit.

Message 9 of 19
Anonymous
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Re: Pull Cash off Credit Cards

Does Amex have cash Advances? 

Message 10 of 19
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