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Charging Your Credit Card for Cash, Welcome
Will check it out. I made a New Year's resolution NOT to give out suggestions to postings who do NOT tell me who they are. Go to Members page and share some info with us.
I'm Charles. How can I help you?
Very interested in knowing how much of a help we may be to each other.
What would you like to know about me?
This is my first day on here but I will invest some time to create my profile throughout this week.
I did this a while back with some credit cards. It's a pretty simple concept, and there are a few ways to accomplish it:
1) Apply for a a balance transfer with Card A, and have them pay off Card B. Card B needs to have no balance on it. Many credit card companies will issues you a check if you have a credit balance and VIOLA!, you have cash without cash advance fees. Alternatively, you could actually do a cash advance on card A, then do a balance transfer from card B.
2) If you have a home equity loan, you can do a balance transfer and have the money sent to your home equity loan account.
I wrote an entire booklet on how to do this, then invest the money in CDs to make a little money. I made like $2000 a few years back when rates were higher.