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What is the process to get cash from a credit card?

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This topic contains 1 reply, has 2 voices, and was last updated by  43371155 2 months, 3 weeks ago.

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  • #24968

    43535953
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    The simplest how to get cash from credit card is simply to use the card at an automated teller machine (ATM) as if it was debit card. The process will require you entering your personal identification number (PIN) this you can ask your card issuer to provide you with one, if you do not have one. Cash advances attract higher costs in form of interest and fees compared to transactions made with a credit card and interest starts to be charged from the time of the advance.

  • #25095

    43371155
    Participant

    To get cash from a credit card, follow these steps:

    Check Your Credit Card Terms: Verify if your card allows cash advances and the associated fees and interest rates.
    Use an ATM: Insert your card, enter your PIN, and select „Cash Advance.” Withdraw the desired amount, within your limit.
    Bank Withdrawal: Visit your bank, present your credit card and ID, and request a cash advance.
    Convenience Checks: Some credit cards provide checks that can be used like cash.
    Remember, cash advances often have high fees and interest rates, so use them cautiously.

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