What is a credit card cash advance limit?

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

What is a credit card cash advance limit?

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1 answer

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by andy , a year ago

@columbus_***merata 

A credit card cash advance limit is the maximum amount of money you can withdraw as a cash advance from your credit card. This limit is typically a percentage of your overall credit limit and can vary depending on the credit card issuer and your creditworthiness. Cash advances usually have higher interest rates and additional fees, so it's important to understand the terms and conditions associated with this feature before using it.