Credit Cards Key » CreditCardsKey » Bank Credit Cards » Transfering Line Of Credit Into Bank Accounts And Credit Cards?

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: Can I do this to cover major expenses?

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: Unless there is a limit to how much you can with draw from said line of credit, of course you can move money around from it. That is what it is there for. Just be careful with using debt to cover debt. You will be paying off interest on the credit card. Then when you pay back the line of credit you will be paying interest on that money too. So you will be paying double interest. But depending on the credit card rate it very well might be worth it.
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