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Putting your credit card into credit balance for temporary increase in limit?

Champ · 2022-06-16 10:51:29

Hi, If one has a BOI credit card with limit X. If limit X is short by amount Y for a certain purchase can someone before the time of purchase do a credit transfer of amount Y so that the effective credit card limit is X + Y thus temporarily bypassing the limit which would block the purchase? Thanks.

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16-06-2022 11:51am

#1

Champ

Registered Users Posts: 677 ✭✭✭

Join Date: January 2003

Posts: 473

Hi, If one has a BOI credit card with limit X. If limit X is short by amount Y for a certain purchase can someone before the time of purchase do a credit transfer of amount Y so that the effective credit card limit is X + Y thus temporarily bypassing the limit which would block the purchase? Thanks.

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#2 16-06-2022 12:15pm
Bank of Ireland: Tara

Closed Accounts Posts: 2,346 ✭✭✭

Join Date: November 2011

Posts: 2202

https://www.boards.ie/discussion/2058250454/putting-your-credit-card-into-credit-balance-for-temporary-increase-in-limit

Hi Champ,
Thanks for getting in touch. Yes it is possible to put your credit card into a credit balance if you need to make a purchase that's above the credit limit on the account. If you have BOI MasterCard added as a payee on 365, please allow one business day for the payment to reach the credit card.
Thanks
Tara

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