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Using my Platinum Credit Card account to pay by interbank transfer

Posted by jackgiffa jackgiffa
Message 1 of 2 722 Views

Hi, am i able to pay an account via interbank transfer to another bank without incuring a fee? My credit card account is in credit by the amount owing i.e. the amount i need to transfer. Thank you.

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Re: Using my Platinum Credit Card account to pay by interbank transfer

Posted by DanaeC DanaeC
Message 2 of 2 707 Views

Hey @jackgiffa, thanks for reaching out.

Generally speaking, in situations where the credit card account has a credit balance after a cash withdrawal, a fee of $4.00 will apply. Although, this fee is waived when withdrawing cash using Bankwest stores, Bankwest Online Banking, Bankwest ATMs and Commonwealth Bank ATMs.

 

In summary, as long as you don't access anything outside of the available balance, there'll be no Cash Advance Fee or Cash Advance Interest accrued.

Hope this helps!
 

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