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OfflineGorlax
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Registered: 05/06/08
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Cash Advance or Buy a MoneyPak Card w/ CC
    #19316891 - 12/23/13 04:10 PM (10 years, 2 months ago)

I'm kind of in a bind and need cash advance from one of my Credit Cards. The fee is 3% for cash advance, however could I just buy a MoneyPak with my credit card, deposit money into my PayPal and then withdraw it with my PayPal Debit card to avoid these fees.

It seems like a loop hole to me?


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OfflineManianFHS
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Registered: 07/06/04
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Re: Cash Advance or Buy a MoneyPak Card w/ CC [Re: Gorlax]
    #19318001 - 12/23/13 07:35 PM (10 years, 2 months ago)

Ok so you can use the moneypak to send funds to your paypal? I guess if the fee for the moneypak is less than the 3% advance, it would be worth it, so long as youre sure that method works


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InvisibleStonehenge
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Registered: 06/20/04
Posts: 14,850
Loc: S.E.
Re: Cash Advance or Buy a MoneyPak Card w/ CC [Re: ManianFH]
    #19351890 - 12/31/13 04:56 PM (10 years, 1 month ago)

Almost certainly buying a money pack would be considered a cash advance and you would pay the 3% plus some other fees. Just do the advance and be glad its only 3%


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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

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Offline420pium
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Registered: 09/23/11
Posts: 128
Last seen: 9 years, 7 months
Re: Cash Advance or Buy a MoneyPak Card w/ CC [Re: Stonehenge]
    #19434432 - 01/17/14 06:09 PM (10 years, 1 month ago)

Pretty sure with things like money paks and prepaid gift cards you have to pay with cash. You can try it though, but dont think it will work


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