Credit Card Linked to PayPal - Cash Advance

Koipanda on 25/08/2020 - 19:40
Last edited 26/08/2020 - 11:16

Hi all,

Just got my first credit card and have been reading through cash advance threads and see that in many instances, people are hit with a cash advance fee when they purchase through Paypal with their credit card. Ie, Credit Card —> Paypal —> Merchant.

I could be wrong as all these threads talk about gift cards. Can someone confirm please?

Also, normally on your internet banking, would it immediately identify that it is a cash advance and charge you the fee on the spot or is this something to be found once the statement arrives.

Thanks.

Edit:
I'm with ANZ

Edit 2:
Paypal Says no (https://www.paypal.com/us/smarthelp/article/do-i-get-charged…) but some people in the thread (https://www.ozbargain.com.au/node/150255) says that they still get charged for cash advance even when they purchase through paypal. I do note that its been a while now.

Edit 3:
Thanks for the comments. This is what i have gathered:
Tattslotto or gambling will be classed as cash advance EVEN WITH paypal.
Other purchases with PayPal are 100% fine, even sending money won't attract cash advance fees. Suncorp gift cards is normal purchase and wont get cash advance fees. Just tried it out and no fee there.

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Comments

  • [Deactivated] on 25/08/2020 - 19:43
    +3

    its never been a cash advance on my amex.

  • WoodYouLikeSomeCash on 25/08/2020 - 19:52

    Tried to get Tattslotto via PayPal with my Westpac credit card and got stung with a cash advance.

    • Koipanda on 25/08/2020 - 19:58

      Alright ill avoid lotto then lol.

      Did the cash advance appear right away in your transaction or just the statement?

      • yippy on 25/08/2020 - 20:18
        +1

        Lotteries and sports bets are treated as cash advance on credit cards. It's shown as a cash advance straight away on my Commonwealth card.

        • Koipanda on 25/08/2020 - 20:21

          Sweet, so so far I havent made any cash advance payments xD

          Also, i note that PayPal says that all transaction that goes through them will not be classed as cash advance: https://www.paypal.com/us/smarthelp/article/do-i-get-charged…

          In saying that, have you tried purchasing lotto with Paypal.

          • yippy on 25/08/2020 - 20:22

            @Koipanda: My credit card is linked to my Paypal and I use it as my main form of payment usually. The only time it's a cash advance is if I'm using it to put money into a gambling account or buying lotto.

            • Koipanda on 25/08/2020 - 20:28

              @yippy: If you don't mind me asking, have you tried with house lotteries which are kinda like charity lotteries. Eg, yourtown … If so, were you charged cash advance fee through paypal. Hoping that it might display as charities instead of lotteries (if that makes any difference lol)

              • yippy on 25/08/2020 - 20:45
                +1

                @Koipanda: Never tried with those but it should display as the charity so I doubt it would be a cash advance.

                This is what my bank treats as a cash advance: When making cash equivalent and cash substitute transactions such as gambling, money transfers and buying lotto tickets, foreign currency and traveller’s cheques.

                • Koipanda on 25/08/2020 - 21:00

                  @yippy: Thank you.

                  Ill give it a try on a $2 ticket so damage wont be too bad lol.

              • [Deactivated] on 27/08/2020 - 07:06
                -2

                @Koipanda: You have a gambling problem.. you need to get help. Cut your credit card up.

                • Koipanda on 27/08/2020 - 09:40

                  @[Deactivated]: its a charity lottery. And i use it for points, i always pay the balance…

                  • [Deactivated] on 27/08/2020 - 10:44
                    -3

                    @Koipanda: This is how a gambling debt starts.. who would put a lottery ticket on a credit card?

                    You're gambling without your money.

      • WoodYouLikeSomeCash on 25/08/2020 - 20:24
        +1

        It appeared on the statement.

        • Koipanda on 25/08/2020 - 20:26
          +1

          Thank you

    • lone0113 on 30/09/2020 - 13:43

      tried once, with my nab
      got charged
      so just deposit with cash acc not credit ones

  • John Kimble on 25/08/2020 - 20:51

    You get charged cash advance fees as soon as you make the payment, not sure if you can identify it straight away or have to wait till your statement though.

  • gooddealmate on 25/08/2020 - 21:03

    I'm with ANZ and use their credit card for purchasing everything, (and mostly through PayPal) it never shows up as a cash advance…even temporarily.
    Only things like Sportsbet etc.

    • John Kimble on 25/08/2020 - 21:37
      -2

      Huh?

    • Koipanda on 25/08/2020 - 22:09

      Thanks for your comment.

      Can i ask, with PayPal and disputes, when you are successful and you get a refund to your credit card, but you have already paid off all debts so now you have credit, do you know how easy it is to get that withdrawn? I know you cant just withdraw it but need to call them.

      • gooddealmate on 26/08/2020 - 06:31

        I wouldn't know, I've never tried to withdraw the positive balance, I just carry on using it with my regular purchases until the + balance is used up.

  • Ebayee on 25/08/2020 - 21:27
    +1

    You may get charged as cash in advance if using to pay Tattlotto - online The Lotts

    • Koipanda on 26/08/2020 - 11:14

      Any idea about charity lotteries such as Yourtown?

  • crashloaded on 26/08/2020 - 10:04

    Yeah, lotto or gambling apps you'll usually cop a cash advance.

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