Originally Posted by Andy2

You make very good points NYBanker and thanks for the information. This is exactly what we all did with the Charter Bank gift cards before that deal got ended largely as a result of a Wall Street Journal article. The fees were less on the Charter One gift cards, though. I wonder if the risks are less if a person takes that cash and immediately deposits it into the bank that took the money off the card, if the amount of cash is very large. It is hard to know what to do with large piles of cash and it seems like the fees are more manageable if the cash advance is large.