re: Writing a check against a credit card account - is there a catch?

quote:

---

Bet you $200 it does not work out that way.

---

I agree, hence why I was asking if there's a catch to begin with.

quote:

---

They usually charge between 3-5% for the transaction, so at 15K @ 3% you are already out of the money if you put it in a 1.5% CD.

---

This makes alot more sense than a $20 fee IMO. In fact I was just able to check the paperwork - the fee is the greater of $5 or 4%