Possibly dumb question about refunds to a credit card

[meggers5]

I canceled a hotel reservation that paid on my card, so I will now have a credit on my card. Is there any way to turn that credit into actual money?

Can I get cash off a credit card? Or can I use a credit card to buy foreign money?

[EmilieMadison]

I assume you already paid the bill by the time the refund was applied?
You could call your bank and see if they accept credit cards for foreign fund.
Is there any reason you cant just use the card for what you need instead of getting cash, or are you concerned about the foreign transaction fee?

[meggers5]

Dec 11, 2013 15:17:39 GMT -5 EmilieMadison said:

I assume you already paid the bill by the time the refund was applied?
You could call your bank and see if they accept credit cards for foreign fund.
Is there any reason you cant just use the card for what you need instead of getting cash, or are you concerned about the foreign transaction fee?

Ya it's paid. I could just leave it as a credit, but I'd rather have the cash put aside for something specific.

I try to save up money for when I go see BF so that I don't have to spend huge amounts all at once.

That's why I think buying GBP would be ideal. I'll have it for when I go and won't have to worry about it. I'll ask the bank if that's a possibility.

[EmilieMadison]

Dec 11, 2013 15:21:19 GMT -5 meggers5 said:

Dec 11, 2013 15:17:39 GMT -5 EmilieMadison said:

I assume you already paid the bill by the time the refund was applied?
You could call your bank and see if they accept credit cards for foreign fund.
Is there any reason you cant just use the card for what you need instead of getting cash, or are you concerned about the foreign transaction fee?

Ya it's paid. I could just leave it as a credit, but I'd rather have the cash put aside for something specific.

I try to save up money for when I go see BF so that I don't have to spend huge amounts all at once.

That's why I think buying GBP would be ideal. I'll have it for when I go and won't have to worry about it. I'll ask the bank if that's a possibility.

I'd find out what the CC's foreign transaction fee (if any) are, vs any fees for buying GBP. Do you use this card often? If not, you could almost treat this like a debit card in a sense, where you have a set amount that you know you can use while visiting your BF (first determining the exchange rate, of course). l

[meggers5]

Dec 11, 2013 15:36:32 GMT -5 kevin arnold said:

I've gotten a refund check from a CC in the mail, but I think I had to call to request it.

Ah good to know. I'll check if that's an option.

[Kit]

You can call and request it; I've done it a few times. They usually don't do it unless you ask, though.