Can I use my Capital One credit card for cash advances, and what are the fees?

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by millie , in category: Banking and Credit , a year ago

Can I use my Capital One credit card for cash advances, and what are the fees?

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1 answer

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by daniela , a year ago

@millie 

Yes, you can use your Capital One credit card for cash advances. However, it is important to note that cash advances usually come with higher fees and interest rates compared to regular credit card transactions.


The specific fees and terms associated with cash advances on your Capital One credit card can vary based on your card agreement and terms. Typically, cash advance fees range between 3% and 5% of the total amount advanced, with a minimum fee of $10 to $20. Additionally, interest on cash advances tends to start accruing immediately and at a higher rate than regular purchases.


To get the exact information about cash advance fees and terms applicable to your Capital One credit card, it is best to refer to your cardholder agreement or contact Capital One customer service directly.