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Sending money via credit card with PayPal. Is it a Cash Advance?

quiksilver_113 asked:

My girlfriend wants to pay her car payment with a Discover card but her Cash Advance limit is 300.00 while her credit limit is 500.00. Would sending money to me with her Discover card over PayPal count as a Cash Advance transaction or merely a credit purchase? If it weren’t then we could theoretically send more than 300.00, right?

instant cash advances

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This entry was posted on Monday, August 10th, 2009 at 3:50 am and is filed under Credit. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

3 Responses to “Sending money via credit card with PayPal. Is it a Cash Advance?”

  1. Fahad S says:
    August 12, 2009 at 10:48 pm

    Someone correct me if I’m wrong, but it will be counted as a credit card transaction, but Paypal will charge fees for a transaction.

  2. Uncle Autisim says:
    August 16, 2009 at 3:18 am

    you could do that but they are going to charge you (paypal) a fee like they always do. But it is a way to get it done.

  3. millylouise says:
    August 18, 2009 at 3:46 am

    The first two respondents are correct: its considered a credit card transaction, not a cash advance.