i was wondering if i went to my bank's atm and used my card, could i withdraw from my credit card?
2006-06-30 14:42:36 · 13 answers · asked by angelatheart 2 in Business & Finance ➔ Credit
can it be done with your atm card?
2006-06-30 14:49:43 · update #1
its called a cash advance, they incure really high interst rates so be careful, you first have to set up a pin number with you credit card first
2006-06-30 14:46:26 · answer #1 · answered by Adam K 3 · 0⤊ 0⤋
You need a PIN number for the card.
It's really not advisable, because cash advances have a higher finance charge. Also, any other balance needs to be paid off first, then the cash advance. It ends up being a money trap.
It's marketed as way to get some cash, but in the long run it ends up costing you much more than you anticipated it would.
2006-06-30 14:59:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes!
If you have a pin on your credit card and don't mind payng a fee and a huge interest rate on the cash advance.
2006-06-30 14:46:29 · answer #3 · answered by Sara 6 · 0⤊ 0⤋
Yeah you can do that but beware of your rates for taking a cash advance& you most likely have a limit on how much money you can take out.
2006-06-30 14:47:26 · answer #4 · answered by uvette77 3 · 0⤊ 0⤋
If you have a pin number for your credit card you can, check your statment it should tell you if you have "cash available"
2006-06-30 14:46:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I think you can. It all depends on your credit card company.
2006-06-30 14:46:02 · answer #6 · answered by notoriousbob3105 1 · 0⤊ 0⤋
If it's an ATM card..if not than nope you can't.
2006-06-30 14:46:42 · answer #7 · answered by Courtney L 4 · 0⤊ 0⤋
yes, but if u don't know ur code it's best to go inside the bank
2006-06-30 14:46:01 · answer #8 · answered by hotgurl 04 2 · 0⤊ 0⤋
yes but you have to know the pin number
2006-06-30 20:23:25 · answer #9 · answered by dolphin29 2 · 0⤊ 0⤋
I think so, it's called a cash advance.
2006-06-30 14:46:15 · answer #10 · answered by Spike Spiegel 4 · 0⤊ 0⤋