Can I transfer money from Capital One credit card to my bank account?
Yes, you can typically transfer money from your Capital One credit card to your bank account. This is often referred to as a "cash advance". However, there are a few important things to keep in mind:
- Fees: Cash advances usually come with fees, such as a transaction fee and a higher interest rate than your regular purchases.
- Interest: The interest on cash advances often starts accruing immediately, and it may be higher than the interest rate on your purchases.
- Grace Period: Your grace period (the time before interest starts accruing on purchases) may not apply to cash advances.
- Credit Limit: Cash advances can count towards your credit limit, potentially limiting your available credit for purchases.
Before making a cash advance, it's essential to carefully consider the fees, interest rates, and potential impact on your credit utilization.
If you have any specific questions about cash advances with your Capital One credit card, it's best to contact their customer service directly. They can provide you with the most accurate and up-to-date information.




