How are credit card transactions treated?

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How are credit card transactions treated through neteller, click2pay, etc? Are they treated as purchases or as cash advance? I currently work at a bank and they are seriously monitoring employee accounts for "gambling transactions." Although they really can't do anything about it, they look down on it and I do not want anyone looking down on me just because I make the occassional wager. I currently have a card that is 0% on purchases until next June, so I wouldnt mind rolling w/ that if they are treated as purchases. Otherwise I guess I would probably just withdrawal a portion from my account and open a new account elsewhere. Your help is appreciated.
 

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Neteller has stated it all depends on the Credit Card Issuer(s)
 

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Wow! That's very interesting. Basically you just have to try it out and see what they post it as, huh? i
 

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Sadly since I doubt any of the customer service reps will know if neteller transactions are considered cash advances or purchases
 

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MBNA has a special offer, web only: take a cash advance up to the amount of totak creditline from their credit cards directly into bank account-- 0 fees, 0% interest for 12 months. CALL to confirm or ask if offer available to you.
 
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Be careful with these offers of 0% for x amount of time on balance transfers, cash advances, etc. If you don't pay everything off within the specified time they'll charge you the full interest rate on everything, including the portion you've already paid. They love to suck people in with this.
 

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Drunken Horseplayer said:
Be careful with these offers of 0% for x amount of time on balance transfers, cash advances, etc. If you don't pay everything off within the specified time they'll charge you the full interest rate on everything, including the portion you've already paid. They love to suck people in with this.
Yeah, this is assuming the perp--err person will take that cash in hand and stick it in 2 MMA's...one short-tem, one long-term...for the purposes of paying off that withdrawal: at the end of a year, said perp-err person saved the deposit fees & made some extra money...as well upping his credit rating w/ the bank-- leading to increased credit, etc.

It's how the rich get & stay wealthy: using & working other folks' money instead of their own.
 

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Why would a bank monitor for gambling transactions if they can do nothing but look down upon somebody as you say?
 

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bombay24 said:
How are credit card transactions treated through neteller, click2pay, etc? Are they treated as purchases or as cash advance? I currently work at a bank and they are seriously monitoring employee accounts for "gambling transactions." Although they really can't do anything about it, they look down on it and I do not want anyone looking down on me just because I make the occassional wager. I currently have a card that is 0% on purchases until next June, so I wouldnt mind rolling w/ that if they are treated as purchases. Otherwise I guess I would probably just withdrawal a portion from my account and open a new account elsewhere. Your help is appreciated.

I only use my card with Mansion, Bet365 and all the transactions are processed as purchases.
 

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Poker King Jim said:
Why would a bank monitor for gambling transactions if they can do nothing but look down upon somebody as you say?

You tell me. I do not know that they can not do anything about it, but I am assuming that is the case since it is perfectly legal at this time. What I do know is that there have been several emails and several meetings in which HR has addressed the issue and stated clearly that accounts are monitored for this kind of activity. I really do not know that they look down on someone who gambles, but having someone watch over my account that closely is not something that I really like anyways, regardless of whether it is a gambling transaction or picking up groceries at the supermarket. HR states that they do this in order to "help the employees if there are signs of problem gambling."
 

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My credit cards have never worked with Neteller, and I am down to only one sportsbook they are accepted with. It's increasingly been a problem and will only grow from here. Best thing I am told to do these days is use your credit card to buy one of those Visa gift credit cards and that should be able to get used.
 

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El Jefe said:
My credit cards have never worked with Neteller, and I am down to only one sportsbook they are accepted with. It's increasingly been a problem and will only grow from here. Best thing I am told to do these days is use your credit card to buy one of those Visa gift credit cards and that should be able to get used.

Where can you do this? My assumption was that you had to use cash to do this.
 

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I use gift cards to deposit to NETeller so I couldn't tell you. However, if you make a purchase at Pinnacle, it shows up as a cash advance. That really pissed me off since BoS has no problem treating it as a purchase. I got charged $10 for the cash advance.
 

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Vegas, you seem to know a lot about these gift cards judging from past posts. Where can they be purchased, can they be bought/funded w/ credit card or cash only? Any info you can provide would be great. I think I've somewhat already answered my question and it appears that just opening an account elsewhere might be my best option, but it's such a pain in the arse to have to withdraw from my current account and then have to go make a deposit elsewhere on payday. Thanks in advance for the help!!
 

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