Quote Originally Posted by HalfBaked
I wouldn't recommend that really, there would be a fee to withdraw, and the money you'd withdraw off the CC would be at a higher interest rate. When you make your payments your payments would be allocated to the balances at the lower interest rates 1st also, so you'd just be accumulating interest at a higher rate on the money you withdrew.
I know with my BOA I wouldn't have any withdraw fees. But I agree on it being a riskier move due to the higher interest charged. However, in his case since he would plan on paying it off ASAP then it shouldn't be too big of a deal, depending on his CC balance.