Question:

Cash Advance on Credit Card?

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I need a cash advance on a credit card. My Dad gave me his number and exp. date in case I ever needed money, but how would I do it?

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  1. You can use an ATM machine....

    some banks allow you to bring the card to the branch and you can leave with the cash....

    Be careful with cash advances on credit cards...they typically carry HIGH interest rates (15% and higher) and can also eat you up with fees....


  2. don't do it

  3. go to the ATM and insert the card. Hit withdrawal then it will ask you which method hit credit card. Then it will ask you dollar amount usually there is a cap per each card during a billing cycle. Then the ATM will warn you about charges and fees hit accept and the cash should come out with a receipt that usually has the amount you took with the service fee. The bank charged me $2 and then capital one charged me $10 so unless if you really need the cash don't do it.

  4. Be careful if you decide to apply for an online cash advance. Each state has different laws and regulations, and I'm not sure about rules and regulations. Maybe you can find a local payday loan office so you can get help before taking out the loan. http://www.howtogetcashadvance.com/Insta...

  5. there is  no way you can unless you actually have the card you usually just swipe the card select credit card enter pin enter the amount you want to withdraw I don't recommend it though they tend to charge more interest on cash advances

  6. Cash advances are much higher interest rates!! If you do get out money make sure your Dad knows so he can get it paid off right away to avoid the high interest.

  7. You need to have the card to do it at an ATM. So your dad is going to have to do this. There's not only higher interest on cash advances, but also most likely there is no grace period for cash advances, meaning the interest starts accruing the day you made the advance.

  8. Don't do it.  You'll be sorry, and your dad will be pissed

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