I recently recieved, and activated, my Capital One Platinum Visa credit card. One quick question I had, for anybody who knows, if I were to go to my bank's local drive-thru ATM, would I be able to withdrawal money from my card? My card has a $300 limit. Yeah, I know it's low... but, it's my first card. So, let's say I was wanting to withdrawal the full $300, would I be able to do that? Would I have to pay interest? Because, right now, I will not be charged interest until February of 2008. If somebody could please answer my question, I'd appreciate it!
Thanks in advance!
- Wade L.
2007-08-21 15:01:29 · 27 answers · asked by Anonymous in Business & Finance ➔ Credit
Even though this does not make any sense, but anymore, you can't get money off of your credit card! Like at the grocery store, etc. when you want Cash back, you can only do it on your debit card because it money you physically have and a credit card is like a loan. I know, I know, you end up paying it back in the end, but I guess that is the way it goes! But yeah, I think ATMs are the same way now! Sorry buddy!
2007-08-21 15:10:36 · answer #1 · answered by Anonymous · 0⤊ 19⤋
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RE :ATM Withdrawal with my Capital One Credit Card?
I recently recieved, and activated, my Capital One Platinum Visa credit card. One quick question I had, for anybody who knows, if I were to go to my bank's local drive-thru ATM, would I be able to withdrawal money from my card? My card has a $300 limit. Yeah, I know it's low... but, it's my first card. So, let's say I was wanting to withdrawal the full $300, would I be able to do that? Would I have to pay interest? Because, right now, I will not be charged interest until February of 2008. If somebody could please answer my question, I'd appreciate it!
Thanks in advance!
- Wade L.
19 following 26 answers
2016-10-26 03:04:54 · answer #2 · answered by Buffy 6 · 0⤊ 0⤋
1
2016-10-16 06:44:34 · answer #3 · answered by ? 1 · 0⤊ 0⤋
You cannot withdraw the full $300, there is a specific amount that you can withdraw from an atm. It is different for everyone, and Capital One should have told you what your limit is. If you withdraw the cash, you will be charged interest, a very high interest at that. I currently have a capital one card and my interest on cash is 19.97% while I pay half that on regular credit. Make sure you really need the cash before you withdraw it because like credit, they will keep charging you 19.97%, or whatever your interest is, per month until you pay it all back (including all the new interest).
2007-08-21 15:12:38 · answer #4 · answered by ? 3 · 9⤊ 0⤋
Capital One Atm
2016-12-08 17:35:45 · answer #5 · answered by Anonymous · 0⤊ 0⤋
In Response to your questions, ATM Withdrawal with my Capital One Credit Card you should check out
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Since you asked, I recently recieved, and activated, my Capital One Platinum Visa credit card.
One quick question I had, for anybody who knows, if I were to go to my bank's local drive-thru ATM,
would I be able to withdrawal money from my card? My card has a $300 limit. Yeah, I know it's low... but,
it's my first card. So, let's say I was wanting to withdrawal the full $300, would I be able to do that?
Would I have to pay interest? Because, right now, I will not be charged interest until February of 2008.
If somebody could please answer my question, I'd appreciate it!
Have a look around, you will learn a lot.
2014-11-10 06:32:53 · answer #6 · answered by ? 3 · 1⤊ 2⤋
You could take a cash advance but I think you need the PIN. However, if you take out the max credit limit, you will be over your limit. There are fees for cash advance and if you look at the fine print of your card agreement, that 0 interest rate doesn't apply to cash advances.
Capital One is famous for jacking up your interest rate at the drop of a hat. Go over the limit and you get an over limit fee and your rate goes to 30%.
Better way to build your credit, just charge a few small things on the card and pay it in full at the end of the month. After about 6 months to a year, your limit will be increased.
2007-08-21 15:13:54 · answer #7 · answered by bdancer222 7 · 6⤊ 0⤋
I just received my CapitalOne Platinum Card. I received my pin number in the mail yesterday. I live in Eustis, Florida. Are there certain ATM's or logos to be present on the ATM's where I can withdraw cash/cash advance?
2014-07-26 17:48:54 · answer #8 · answered by Susan 1 · 0⤊ 1⤋
If your contract with capitol one states you pay 0% interest until feb 2008 then you wont pay interest as long as you pay back the $300 before that date. The most important thing to think of before withdrawing the $300 dollars would be the the fee, wich a $300 cash withdrawel may cause you to over withdraw your credit card. Another issue with that choice is that you may run into is a decrease in your credit score for using more than 35% of your available credit.
2007-08-21 15:27:51 · answer #9 · answered by Anonymous · 0⤊ 2⤋
This Site Might Help You.
RE:
ATM Withdrawal with my Capital One Credit Card?
I recently recieved, and activated, my Capital One Platinum Visa credit card. One quick question I had, for anybody who knows, if I were to go to my bank's local drive-thru ATM, would I be able to withdrawal money from my card? My card has a $300 limit. Yeah, I know it's low... but,...
2015-08-19 01:00:10 · answer #10 · answered by Anonymous · 0⤊ 3⤋
Be careful - CapitalOne charges 3% ($10 minimum) of a transaction for a cash withdrawal at an ATM. This is in addition to the carrying interest charged on the account.
This is why people try to get "cash back" with purchases. You buy $20 in groceries and ask the clerk to add $20 to the total and give you the extra $20 as "cash back". No Cash Withdrawal ATM fee.
2007-08-21 15:12:07 · answer #11 · answered by Mordecai Jones 3 · 0⤊ 2⤋