on 11-08-2016 06:26 AM
Hopefully a quick one. If I had a credit card account in credit, is it an easy process to move the excess funds to a transaction account? Can I do it myself in online banking or will I incur cash advance fees for doing so?
11-08-2016 11:47 AM - edited 11-08-2016 04:52 PM
Hi @jasonb, great question!
There's a $4 fee to make the transfer however it's very important you don't go even a cent over your surplus amount otherwise you'll be charged either the $4 or 2% of the entire amount (whichever is greater). We'd be happy to help you with this via online chat, just log into online banking and click 'chat now' in the bottom right of screen.
○ If you find a response helpful remember to give it 'Kudos'.
○ If it answered your question, make it easier for others to find by selecting 'Accept as Solution'.
on 11-08-2016 02:09 PM
So, hypothetically with round numbers. If I'm exactly $100 in surplus, I can safely transfer $96 off to the transaction account, which will leave me a $4 fee bringing me to zero?
on 11-08-2016 04:44 PM