Didn't see it discussed in the last ~50 posts, so ask shall I.

Is it true that the only way to pay the CC that I used to fund AFT, with those funds from AFT, would be to withdraw from ATM, deposit to bank, and pay CC from bank? If so, any concern with withdrawing AND depositing $400 cash per day for ~12 days in a row? Or would it be better to deposit $5000 cash at once?

Any thoughts/pointers?

Are you sure....
Off the top of my head, the 5 I go to all have it either near the customer service (returns) line or somewhere near the inside food court.

Which one are you closest to?

1) Holding $5000 in cash in dangerous, I don't recommend it
2) Depositing $5000 in cash at once may trigger SARs filing.

Because of the above, I would deposit in smaller amounts.

Be careful with that advice. Depositing large cash amounts may trigger reporting requirements, but if you have backup data and valid income, nothing to worry about.

If you deposit in smaller amounts to avoid this reporting, you are actually breaking the law. See: http://en.wikipedia.org/wiki/Structuring

True but that wouldn't be the reason for the smaller deposits in this case (the reason being we're limited by the max withdraw per day). Since the intent isn't to structure, I'm not worried about that. However, I am concerned about the bank potentially shutting me down due to their internal policy. Would they shut me down over $400 cash/day x 12 days in a row? I'm not sure and any data point/thoughts would be helpful.

Thanks.

Bill pay at Walmart with cash is another option.

AmEx for Target: $400/week credit card ATM withdrawals for 1.3%+ in certain cities
 

My work place has a fee free ATM but it's limited to $300.

After the first withdrawal monthly, to empty out $1k still takes $9.67. $3 + $2 * 3.33. I guess this would be better than OV.

I also sometimes buy $500 Visa Gift Cards for $4.95. It is slightly more in fees but saves a Costco trip. I don't do the $5.95 ones unless there is a 'deal' on them.

Right now at Safeway and all the related stores, Tom Thumb, Randell's and so on, you can get a $10 off next purchase coupon when you buy a $100 Am Ex gift card. Buy $100 AmEx and $500 Visa GC, pay $11.90 in fees. On next purchase throw in a few groceries you need and use the $10 off.

11.90 fees first purchase of $600
1.90 fees second $600
1.90 fees third $600
1.90 fees fourth $600

$17.60 in fees to unload $2400 and the cost per $1 goes down the more you do it. But those $100 AmEx gift cards are a pain to use. Last month the same deal was for MC GC and so I did more of it. So I'll do this four times, with weekly grocery shopping.

Almost any of the methods to lower costs on MS apply to unloading the card.

Open a couple of free checking accounts at other banks. I would not risk my primary bank account.

Question. I visited an ATM machine for the first time today. When it ask you which account to withdraw from:
Checking
Saving
Credit Card

What do you choose?

checking works fine for me

The Costco I go to is in the City of Industry, CA. This one, the food court is outside, not inside the Costco.

Nvm. the Costco does have an ATM machine :D

I've never seen an automated teller machine machine.