1. Buy something from walmart, go back the same or next day to return it and ask for cash. The easiest and cheapest way if it works. Its very possible that the cashier may deny it and refund it back to the the credit card you purchased from. be creative at the spot, sometimes they might ask you to swipe the original card, answer that you forgot the card. Sometimes u can say that you lost ur card or somebody stole it and its frozen by the bank ...just be creative to come up with something to give you cash. Usually works for smaller value item. You can try this at autozone, checker (there was once checker store where this trick always worked for me ). give it a try and see which store works, may not work always but it does not hurt in trying. Pros : you will have no transaction fee, fast like an atm, purchase apr applied, no the cash advance fee. Cons : may not work for higher amounts, no 100% success rate.

2. Have a trusted friend. Send money to him using paypal. He will have to pay 2-3% transaction fee, usually deducted from the amount you send. Ask him to transfer funds to his checking and get cash from him. Worked great for me  when I was having hard time to make minimum payments. Applied for new card, used this technique to get cash and stay current on all other accounts while paying 0% APR on the new card (except the 2-3% transaction fee i paid to paypal). Pros : can transfer higher amounts, great if you are in 0% promotion period or purchase apr if u r not in promotion period, 100% success rate if ur friend is trustworthy. Cons : 2-3% transaction fee, will take 2-3 days for the cash to arrive in checking unless your friend has paypal debit card (again transaction fee). 

 

hope that helps...let us know which one was more effective in ur case...

for both above tricks, there are no caps. ur credit limit is ur cap 

Last edited: 02-Dec-10 10:20 PM

Last edited: 02-Dec-10 10:29 PM