Can a person withdraw money from an ATM using a credit card?

Question

Can a person withdraw money from an ATM using a credit card?

Answer 1

Yes, if you have a PIN and are willing to pay a transaction fee plus high interest from the moment you take the cash advance until you pay it off.

Answer 2

Of course. But it's a loan not deducted out of your bank acct

Answer 3

i believe so, but its expensive  interest wise

Answer 4

It depends on the credit card.  Some, but not all, credit cards come with the option for cash advances.  You should be aware, though, that these usually come with a much higher interest rate than purchases on the card, so use it with caution.

Answer 5

Yes you just need the pin number what you can do is call the credit card and ask for one it will come in the mail 7-10 days.  

Answer 6

You can, but it isn't from a bank account, it is a cash advance from your credit card.  You have to get a PIN from the company and ask them what the rate is, it is different than a purchase interest rate.  It is going to be a higher interest rate and in some cases, it compounds daily, so it adds up.

Don't do it unless you really need to.  It is a waste of money.

Answer 7

Yes. Call your CC company and set up a PIN. Make sure you ask them their cash advance finance charges and limits.  

Answer 8

yes. depending on the card though you will only have a portion of the credit available as a cash advance. somewhere around $300-$800.-blurey

Answer 9

Yes, I believe so. This is also known as a "cash advance" and the interest rates on it are pretty bad. I personally wouldn't recommend it unless it were a life or death situation.