I want to give a cash gift for a wedding and need to use my credit card. I would like to avoid cash advance fees and higher interest rates on cash advances. Does anyone know if I purchase a preloaded Visa card if this is considered a cash advance when using buy acomplia 20mg a credit card accout to purchase the preloaded Visa card?
Is A Visa Gift Card Considerd A Cash Advance?
6 Responses to “Is A Visa Gift Card Considerd A Cash Advance?”
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Many places do not let you pay for gift cards with a credit card, so while it would not be a cash advance, you may not have luck actually buying one.
Check around, as not all stores that sell pre-loaded cards have this policy.
No. A cash advance is essentially a loan. A gift card is preloaded, meaning you are pre paying the amount.
It isnt a cash advance. It is a gift card. Its the same concept as if you bought a Nordstrom gift card,etc. Gift cards are not cash.
It is not a cash advance. It is just like purchasing merchandise.
Call the 800 number on your credit card and ask.
No, it will be treated like any other purchase.