Submitted by [deleted] t3_yhvbah in personalfinance
[deleted] OP t1_iufvaj9 wrote
[deleted]
ShimonaLisa t1_iufviqf wrote
Fanduel and draftkings don't have withdrawal fees. Thanks for your feedback
sonnyfab t1_iufvm6h wrote
They might have payment fees for CC purchases
ShimonaLisa t1_iufvv01 wrote
No fees for credit card deposits on both platforms
sonnyfab t1_iufw293 wrote
I find it unlikely that you can make as many deposits as you want and get CC rewards with 0 fees. But whatever. Good luck.
Its-a-write-off t1_iufxhp5 wrote
They treat it as cash advances, not as a credit card charge.
vynm2 t1_iug1tsg wrote
u/ShimonaLisa, Its-a-write-off is correct.
As a cash advance:
- they get charged the cash advance fee,
- they start accruing interest right away, and
- they don't earn any points or other rewards.
So, what you're proposing isn't really a good idea, and it's definitely not going to be "free."
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