Used credit card to send money to friend will there be a cash advance?

Hotwheelzzz
Contributor
Contributor

I know that paypal has their own fees but does the credit card register the sending of money as a cash advance or a transaction?

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3 REPLIES 3

DPCreations
Frequent Advisor
Frequent Advisor

If you already made the transfer you should be able to see the details on your credit card online account.

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JWilkins
Contributor
Contributor

I have the same question.  Was going to send money to family member using a credit card.  I am not sure if the bank charges a cash advance fee?

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PayPal_Ashley
Moderator
Moderator

Hi everyone!

 

Great question! In our experience, personal payments or Friends and Family payments are sent and viewed by most banks just like a regular Goods and Services transaction.

 

It's up to the bank on whether or not they choose to see it as a cash advance. I hope that helps a little!

 

-Ashley


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