Comments on: Is A Visa Gift Card Considerd A Cash Advance?

By: Security Door Locks

Security Door Locks — Sat, 13 Jun 2009 15:26:39 +0000

No. A cash advance is essentially a loan. A gift card is preloaded, meaning you are pre paying the amount.

By: aya

aya — Sat, 13 Jun 2009 15:26:39 +0000

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.

By: jwishz

jwishz — Sat, 13 Jun 2009 15:26:39 +0000

It is not a cash advance. It is just like purchasing merchandise.

By: Sunshine

Sunshine — Sat, 13 Jun 2009 15:26:39 +0000

Call the 800 number on your credit card and ask.

By: GiftCard

GiftCard — Sat, 13 Jun 2009 15:26:39 +0000

No, it will be treated like any other purchase.

By: Jen

Jen — Sat, 13 Jun 2009 15:26:38 +0000

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.