answersLogoWhite

0

Using a credit card to obtain cash is NOT a good idea. If you need a cash loan it is better to negotiate this from your bank directly.

User Avatar

Wiki User

8y ago

What else can I help you with?

Related Questions

What is the difference between a cash advance limit and a credit limit on a credit card?

A cash advance limit is the maximum amount of cash you can withdraw from your credit card, typically lower than the credit limit. The credit limit is the total amount you can spend on purchases using the card.


How is a cash advance on a credit card obtained?

Cash advance on a credit card is obtained by using the credit card in an ATM machine and taking more than the balance of your account. Then one goes into cash advance state, where one gets cash in advance.


What cash advance companies offer a credit card?

There are many credit card companies that offer cash advances but not as many cash advance companies that offer credit cards. Some of cash advance companies are Payday Loans and Advance America.


How do I do a cash advance on my credit card?

To do a cash advance on your credit card, you can typically visit an ATM and use your credit card to withdraw cash. Keep in mind that cash advances usually have higher interest rates and fees compared to regular credit card purchases.


What is the difference between a credit limit and a cash advance limit on a credit card?

A credit limit is the maximum amount you can spend on your credit card for purchases, while a cash advance limit is the maximum amount you can withdraw as cash from your credit card.


What is the cash advance APR for this credit card?

The cash advance APR for this credit card is the interest rate charged when you borrow cash using your credit card, typically higher than the regular purchase APR.


Where one can get a cash advance card?

One can get a cash advance card from credit card companies such as Discover and Citibank. Cash advance cards are also available from Visa and Bank of America.


What is the definition of a cash advance on a credit card?

A cash advance is when you borrow cash against your credit card. When you borrow cash you will usually pay a much higher interest rate than you would for purchases.


How can you get a cash advance from a bank?

A cash advance is typically a loan taken out against a line of credit such as a credit card, the cash advance typically charges a substantially higher interest rate. In order to get a cash advance from a bank, one needs to provide the bank with a line of credit that they can use as collateral to the cash advance they provide, this is typically done through the use of a credit card.


How can I cash a credit card?

To cash a credit card, you can use a cash advance option offered by your credit card company. This allows you to withdraw cash from an ATM or bank using your credit card, but be aware that cash advances often come with high fees and interest rates.


How do you get a credit card cash advance?

Take it to the BANK YOU have an account at


Money borrowed on a credit card is called?

cash advance

Trending Questions
How much is 50 from banco central de la republica dominicana cincuenta pesos dominicanos? Who is the registered agent for Wells Fargo in California? The path to the green man's treasure? Is it illegal for your parents to take your money? Does an employer have to pay a nonunion employee time and a half? Is there such a thing as a fixed rate credit card if you have excellent credit? When barrowing from your 401k the maximum number of loan initiations has been reached? Who is the richest between dangote and oyedepo? A primary advantage associated with holding a diversified portfolio of financial assets is the reduction of risk The relevant risk a particular stock would contribute to? If you already have a wage garnishment can they do a bank garnishment too? How can I find a credit card with no interest fees? What do it mean when you get a letter from your mortgage co that they have sold your mortgage to another servicer? How do you make mp3 files shorter? IS Foxworth-galbraith lumber company closing payson AZ? Can you please survey your property and provide feedback on any areas that may need improvement? Where can you find information on writing an internal business plan for the expansion of an existing service business? The domain manager role is the most important role within iperms the dm is? How can I use a refinance loan calculator to determine the best options for refinancing my loan? How do i participate in an ipo? Which is heavier a full oxygen cylinder or a empty?