Is there a way to buy cash with a credit card?

Question

i can use my companys credit card at common stores for a certain amount a week but sometimes i dont need anything and i end up just buying gift cards so that i can use all the money in my budget and not waste...but i am too lazy to sell them...and if i do sell them on ebay or something i lose money on the transaction/paypal fees

is there a way i can basically buy something at a store and turn it into cash money without selling it on ebay or something? i cant get a cash advance from the credit card company i need it to be from an actual store or my company will know and be pissed.

Answer 1

you can buy a visa-gift card.  its not cash, but you can use it a lot more places than just a store specific gift card.  just make sure that it doesnt carry any hidden fees for not using it.

Answer 2

by stuff at wal-mart then you can return it. I'm not 100% sure if you can get cash back or not though. I think you can get cash back or put it on a wal-mart gift card. Otherwise they will just want to credit the card.

Answer 3

if u know a store owner it is easy they will charge you like 110.00 and pay u 100.00 u do not have to buy anything but they will charge u like purchase

Answer 4

Isnt that illegal?? Pretty sure thats called stealing

Answer 5

Yea its this new invention they made called an ATM!!!

Answer 6

so you are stealing from your company?! Great!

Answer 7

If it's a discover I know that you can take them to ATMs to get cash and cash back from purchases (Buy a chocolate bar and ask for cash back with it). But if it's not a discover then no not really. Unless you buy those pre-paid AMEX, Visa, or Mastercards. You have to pay a fee, but it'd be worth it not to lose the money. However you probably shouldn't be using your card for non-business purchases, as this can get you fired and possibly legal action against you.

Answer 8

Well, I don't know how ethical this is, but you could go to the store and find someone who is using cash to buy something and ask them if they would let you put it on your card and they give you the cash.  You could offer them a couple of bucks as an incentive.

Answer 9

Sorry I didn't fully read your question or the answers, but to answer your initial question, you can buy coins from the US Mint with a credit card.  Promotion with free shipping for buying $1 coins in $250 increments.

Answer 10

I don't think so get a loan.

Answer 11

Seems to me like you're speaking of embezzling from the firm/company you're working for.  If you can't spend the budgeted funds than just don't...regardless of weather that's going to result in your budget being cut.  Being efficient doesn't necessarily mean you'll lose the allocation just because you don't use it.  PEACE!

Answer 12

Go to a bank.

Answer 13

NO

Answer 14

Shady shady shady. However, just try selling it to ppl you know. Like if u get a $50 gift card. Sell it to someone you know for like $40 or something.

Answer 15

thats what a debit card is about..use as either.

     Yes cash advance can happen.with a CCard.but usually at higher interest

Answer 16

What you are doing is illegal. The intention of the company I am sure is that you can by supplies or necessities during a specific time or job.  

Not to supplement your income.  You are lucky they don't ask for reciepts for your purchases.  Why are you complaining about "losing" money to ebay fees when it is stolen money anyway.

Answer 17

No.  And your company should be pissed anyway.

Answer 18

No, you are already ripping off your Co.You are abusing your Co. credit card priveleges with all your non-business buying.

Answer 19

goto store, buy something, get cash back.

Answer 20

You should really evaluate how you manage your finances if you are looking into buying cash on credit.  This is not an effective means of budgeting.  

What you are proposing to to is defraud the company.   That is a bit of a HUGE no no and will most likely get you fired. Possibly even charges laid.

You are padding your expense report is fraud, you will get caught.

Answer 21

That's Drug, or gamblers seeking behavior , and its plain as the hose on your face , essentially what you have done is justify in your mind that its OK to defraud the people providing you the card ,,shame on you .

Answer 22

Go to an ATM!!!!!!!!!

daaa

Answer 23

Buying gift cards for yourself, using your company's credit card, is theft.

And you've already said that you don't want your company to know.  So you should already know it's wrong.

The legalistic term is "conversion".

Answer 24

Sounds a bit underhanded and felonious to me.

Answer 25

return something you bought I guess.

Answer 26

You should probably just use the companys resources for what they are meant to be used for rather than trying to find any possible way to squeeze out every last penny you can into your own pocket. Is the extra few dollars worth losing your job over?