Can i transfer funds to another person using credit card and not get charged as Cash advance ?

omarachkar
New Community Member

Is the transfer of funds from the Credit card considered Cash advance or is posted as a transaction on my Credit card ? 

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sharpiemarker
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@omarachkar 

 

https://www.paypal.com/us/smarthelp/article/do-i-get-charged-a-cash-advance-fee-when-i-use-my-credit...

 

It seems to me PayPal won't charge a cash advance fee, just the small fee as mentioned in the url, but your credit card issuer will, plus any applicable interest, if they determine it is a cash advance purchase/transaction (not a goods and services payment to a merchant).


Kudos & Solved are greatly appreciated. 🙂

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@omarachkar 

 

https://www.paypal.com/us/smarthelp/article/do-i-get-charged-a-cash-advance-fee-when-i-use-my-credit...

 

It seems to me PayPal won't charge a cash advance fee, just the small fee as mentioned in the url, but your credit card issuer will, plus any applicable interest, if they determine it is a cash advance purchase/transaction (not a goods and services payment to a merchant).


Kudos & Solved are greatly appreciated. 🙂
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