BECU Visa Question?

NRB525 · ‎01-22-2020

@steelers1 wrote:
@Anonymous wrote:
My statement says my entire credit limit is available for cash advance. But the option to transfer directly to checking is not available for the credit card, just the LOC.
Thank you!

Which leads to my suggestion, if you really need cash advances to cover expected AR, is that not a LOC sort of path? BECU offers LOC with no fees and similar low APR for good credit, why not just go for the LOC? The advances are direct to your BECU checking or savings in an explicit on line Transfer request. ( I have BECU checking, savings, non-rewards CC, and LOC )

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765

steelers1 · ‎01-23-2020

@NRB525 wrote:
@steelers1 wrote:
@Anonymous wrote:
My statement says my entire credit limit is available for cash advance. But the option to transfer directly to checking is not available for the credit card, just the LOC.
Thank you!
Which leads to my suggestion, if you really need cash advances to cover expected AR, is that not a LOC sort of path? BECU offers LOC with no fees and similar low APR for good credit, why not just go for the LOC? The advances are direct to your BECU checking or savings in an explicit on line Transfer request. ( I have BECU checking, savings, non-rewards CC, and LOC )

Yes that is what I intend to do.

Thank you

Re: BECU Visa Question?

Re: BECU Visa Question?