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Credit card cash advance query

  • 27-12-2013 3:21pm
    #1
    moneybags13
    Registered Users, Registered Users 2 Posts: 3 ✭


    Hello

    I have an AIB credit card for business which has to be paid off by the 9th of every month.
    Can I borrow off the card after the new month's allowance of E3K comes into effect, to pay the card's previous balance.

    Also, what is daily cash amount which can be withdrawn from a credit card in Ireland?

    Comments appreciated.


Comments

  • #2
    Teagwee
    Registered Users, Registered Users 2 Posts: 371 ✭✭Teagwee


    moneybags13 wrote: »
    Hello

    I have an AIB credit card for business which has to be paid by the 9th of every month.
    Can I borrow off the card after the new month's allowance of E3K comes into effect, to pay the card's previous balance.

    Also, what is daily cash amount which can be withdrawn from a credit card in Ireland?

    Comments appreciated.

    The answer to your first query is no - until you pay off the debit, there is no 'new allowance'. As for your second query, you won't be able to withdraw any cash if you've exceeded your limit.


  • #3
    dobsdave
    Closed Accounts Posts: 1,814 ✭✭✭dobsdave


    moneybags13 wrote: »
    Hello

    ......Can I borrow off the card after the new month's allowance of E3K comes into effect, to pay the card's previous balance.

    ........

    New months allowance? please explain.


  • #4
    moneybags13
    Registered Users, Registered Users 2 Posts: 3 ✭moneybags13


    thank you for your reply.


  • #5
    JDxtra
    Registered Users, Registered Users 2 Posts: 5,967 ✭✭✭JDxtra


    Interesting choice of username.


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