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Cash Advance
Explanation:
Withdrawing cash from your credit card account. The most common method for doing that is using your credit card in an Automatic Teller Machine (ATM).
Our Thoughts:
Typically, the APR for a cash advance is higher than the APR for purchases, and most of the times an additional fee (i.e. Cash Advance Fee) is assessed as well.
We recommend that you avoid using your credit card for a cash advance, since it can be a very expensive option.