Bankwest Forum

Ask a new question
Reply
New Member

Credit card pay to another account

Posted by vossy vossy
Message 1 of 2 587 Views

With my platinum MasterCard, am I able to pay I to someone's account as a pay transfer, will I get a cash advance fee? How much would that be as well

Reply
0 Kudos
Moderator

Re: Credit card pay to another account

Posted by DanaeC DanaeC
Message 2 of 2 582 Views

Hi @vossy, thanks for getting in touch.

 

Whilst you certainly can process a transfer from your credit card, there are restrictions in place as to how much you can do at one time. You can view more information on this by clicking here.

 

In regards to the fee(s), a Cash Advance fee of 2% or $4.00, whichever is the greater, will apply if the account has a debit balance after the withdrawal. In situations where the credit card account has a credit balance (over and above that of the card limit) after a cash withdrawal, a fee of $4.00 will apply. This fee is waived when withdrawing cash using Bankwest stores, Bankwest Online Banking, Bankwest ATMs and Commonwealth Bank ATMs.

Please see the Conditions of Use for further details on this.

 

Hope this helps!

Was this helpful? Then give it 'Kudos'!

If your question was answered, select 'Accept as Solution' to make it easier for others to find.

Reply
0 Kudos
Ask a new question
Top kudoed contributors

Bankwest SWIFT code: BKWAAU6P
© 2018 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.