Sentences with phrase «code as a cash advance»

When you open in branch and fund initial deposit with CC it may coded as CASH advance.
There's been lots of reports in recent days that some purchases have been coding as cash advance.
Some credit cards do not code as a cash advance but instead show up as a purchase.

Not exact matches

The so - called merchant category code (or MCC) now in effect treats Visa purchases on Coinbase as cash advances, which come with high fees from banks of as much 10 %.
If the bank decided to code the transaction as a cash advance instead, you wouldn't be eligible to earn any regular or bonus miles and you'd be charged a cash advance fee of 5 percent, which comes out to $ 250.
If you have a cash advance limit of $ 0 and attempt to fund a bank account that will code the transaction as a cash advance, you won't be able to.
Some banks code this transaction as a cash advance, applying a fee and not applying the amount towards sign up bonuses, but others don't, allowing you to easily meet a card sign up bonus and the bank account's minimum balance requirements.
We want it coded as purchase, not cash advance.
If the bank decided to code the transaction as a cash advance instead, you wouldn't be eligible to earn any regular or bonus miles and you'd be charged a cash advance fee of 5 percent, which comes out to $ 250.
That's because Citi often codes online bank account funding transactions as cash advances, and charges their customers the corresponding hefty fees and interest charges.
Do not use any denominations over $ 2000 and any promo code as this will not earn any cash back and also avoid using Citi Cards as it could get processed as cash advance.
In February, digital exchange Coinbase warned customers that, due to changes to the Merchant Category Code (MCC), credit card companies, such as Visa, can charge additional «cash advance» fees on crypto purchases.
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