Credit Card to Bank Account Money Transfer

Описание: Can I transfer money from a credit card to a bank account?
Yes, you can transfer money from a credit card to a bank account.
The feature is called “cash advance”. It allows you to transfer a limited amount of money from credit card to checking account. There are a few emergency cases when you may need cash and you just don’t have money in your checking account. So you can transfer a limited amount of funds from your credit line to your checking account. For example, credit cards from Bank Of America call it a cash credit line. The amount of a cash credit line is how much cash you can take. If you want to transfer a cash advance from American Express to a bank account - it is impossible. The only way to get a cash advance from American Express is to withdraw cash at an ATM and then deposit it into your checking account. But you have to keep in mind that interest on your cash transfer starts accumulating interest immediately.