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how much does it cost if i want to transfer $10000 from my credit card to my personal account?

Posted by danielnmorris danielnmorris
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Re: how much does it cost if i want to transfer $10000 from my credit card to my personal account?

Posted by LyndsC LyndsC
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Hi @danielnmorris, a cash advance fee is 4% of the transaction amount, and this would incur the cash advance rate, which may be higher than your standard purchase rate depending on the credit card account you have.

However as credit cards aren't designed for cash withdrawals, it's unlikely that you would be able to make this transfer.

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Re: how much does it cost if i want to transfer $10000 from my credit card to my personal account?

[ Edited ]
Posted by cgm cgm
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Given you will be charged the current cash advance interest rate of 21.99% @danielnmorris, a Bankwest personal loan may be a better option for you financially.

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