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Transfer through Xoom

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Beckhsrules
Frequent Contributor

Transfer through Xoom

This is to any one who send money outside US. I use Xoom to send money. My question is there is even an option to send money through CC. If i do so will it be considered a cash advance? Also will I get any points/cashback if I do so with CC instead of doing so through my checkings account.

AAoA: 1 yr 3 mo | FICO Scores: EX: 720, TU: 724, EQ: 705 | Inq: EX: 13, EQ: 8, TU: 7 | GARDENING AS OF 3/13/2017
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3 REPLIES 3
-Wade-
Valued Contributor

Re: Transfer through Xoom


@Beckhsrules wrote:

This is to any one who send money outside US. I use Xoom to send money. My question is there is even an option to send money through CC. If i do so will it be considered a cash advance? Also will I get any points/cashback if I do so with CC instead of doing so through my checkings account.


I would say NO to this 

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******
Message 2 of 4
creditfan
Established Contributor
Message 3 of 4
Anonymous
Not applicable

Re: Transfer through Xoom

Not sure with Xoom in particular but most of those companies when you use a credit card to send "cash" it will go as a Cash Advance. Try to avoid the super high fees associated with that!

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