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Originally Posted by gary_580
There is no mention of transfering a balance to a personal bank account  why would you do that as a credit card balance would be a negative bank balance
The point is either :-
Get a cash advance from the credit card which is interest free and pay it into a bank account
or
use the credit card and when you get the bill at the end of the month, rather than settle the bill make use of the interest free facility by leaving the outstanding balance but pay the cash that you would have used to settle the bill into the interest earning account |
There was mention of transferring money from your credit card to your bank account in the link in post #1 and it was referred to as a super balance transfer.
I know of no credit card company that will give you an interest free cash advance and doubt there is any that would.