How Is Money On A Credit Card Being Cashed? - Business - Nairaland
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| How Is Money On A Credit Card Being Cashed? by Kennedyiheme: 8:34am On Feb 23, 2013 |
I Hve Always Wondered How Money In A Credit Card Is Being Cash. Pple Use Credit Card For Their Business. Ls Tell Me How They Get To Hold D Money In The Credit Card Physically |
| Re: How Is Money On A Credit Card Being Cashed? by arbitrage: 10:44am On Feb 23, 2013 |
By going to ATM, slotting in the credit card and entering your pin to withdraw your desired amount up to the credit limit your issuer (bank) gave you and also subject to the issuer's daily withdrawal limit. Everything about it is just like your debit or prepaid cards except that the money you are spending from the card is not yours but your issuer's (bank's) fund, which you must be paying back every month before certain date, failure of which you will be paying back with accrued interest. |
| Re: How Is Money On A Credit Card Being Cashed? by Kennedyiheme: 2:43pm On Feb 23, 2013 |
@abitrage. If You Do Online Bis, And On Yr Cc You He Up To Like 10,000 dollars, why should u pay bck d money since u worked for it? |
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