Cash advance interest in this case?

[summerdream]

Let's say I have a CC which has $100 credit. I don't use this card as my major card any more. If I withdraw the $100, will there be cash advance interest for this?

[bobaroo]

Let's say I have a CC which has $100 credit. I don't use this card as my major card any more. If I withdraw the $100, will there be cash advance interest for this?
if your motivation to withdraw is only to zero-out the balance, you could just call up your CC provider and ask them to cut you a cheque for the amount of the credit and mail it to you...

[Prospero]

Let's say I have a CC which has $100 credit. I don't use this card as my major card any more. If I withdraw the $100, will there be cash advance interest for this?

Yes. Plus the ATM useage fees. Ask them to send you a cheque, or buy your groceries with that card.

[gman]

Let's say I have a CC which has $100 credit. I don't use this card as my major card any more. If I withdraw the $100, will there be cash advance interest for this?

How about you just use it? This will be the easiest way. What kind of reward your current 'major' card gives you? 1%? 3%? You are talking about missing $1 or $3 here.

[jerryhung]

I am sure you'll find ways to spend $100 on RFD deals
That's what I did with my CC credits (Stooples LCD)

[ALsat]

Let's say I have a CC which has $100 credit. I don't use this card as my major card any more. If I withdraw the $100, will there be cash advance interest for this?

Short answer: No

How do I know?
I've done it a few times, that's how I know. :D

And if you want to get a hold of that $100, why bother dealing with the CC company asking them to please please send you a cheque, etc? You have 2 much quicker options:

1) Fastest method: Cash advance through electronic banking. 2 clicks and within 24 hrs. the money should be in your account.

2) A bit slower method: Use one of those cheques they send you (to entice you to withdraw cash) Write yourself a cheque for $100 and deposit it into your account.

That way you'll zero your balance and since that money is yours (meaning you haven't borrowed anything from them) there won't be any interest charges.

[summerdream]

Short answer: No

How do I know?
I've done it a few times, that's how I know. :D

And if you want to get a hold of that $100, why bother dealing with the CC company asking them to please please send you a cheque, etc? You have 2 much quicker options:

1) Fastest method: Cash advance through electronic banking. 2 clicks and within 24 hrs. the money should be in your account.

2) A bit slower method: Use one of those cheques they send you (to entice you to withdraw cash) Write yourself a cheque for $100 and deposit it into your account.

That way you'll zero your balance and since that money is yours (meaning you haven't borrowed anything from them) there won't be any interest charges.
How to cash advance through electronic banking?

[gman]

How to cash advance through electronic banking?

Transfer from your credit card account to the bank account of the same bank?

[ALsat]

Transfer from your credit card account to the bank account of the same bank?

Yes. :)

If you're dealing with the same bank both as a customer as well as a credit card holder, then you should see a "cash advance" option under the menu that allows you to transfer funds between different accounts.