Is it possible to balance transfer a cash advance taken out on a credit card?
Date: Sun, 02/10/2019 - 23:16
Yes, you can transfer a cash
Yes, you can transfer a cash advance. However, you still will have to pay for the cash advance. However, make sure you repay the outstanding balance within the low introductory period of the balance transfer card. Otherwise, you will have to pay much more interest on the remaining balance. So, take this into account before doing the balance transfer.
Would like to add just one
Would like to add just one point here.
You won't qualify for a balance transfer credit card without a good credit score. Secondly, when you're shopping around for a balance transfer credit card, make sure you focus on these factors:
1. When the teaser rate will expire
2. How much you have to pay when the teaser rate expires
3. How much is the balance transfer fee
You must have a good credit
You must have a good credit score. Make sure you repay the outstanding balance within the low introductory period of the balance transfer card.