Cash drawn from the available credit of your credit card account There is no grace period for cash advances Interest accrues daily until the complete balance is paid in full Transaction fees may apply
Money borrowed by holder of credit card It is recorded as another purchase and is used in the calculation of the average daily balance
An instant loan obtained from a credit card account Issuers charge interest from the date of the advance until it is repaid They may also charge a transaction fee based on the amount of the advance
The advance of approximately eighty percent of expected earnings to an employee instead of a Hand-drawn Check The advance is processed through the Controller's Office The dollar amount of the advance is recovered on the following check by a one-time deduction
A loan obtained by a cardholder through presentation of the card at a bank office or in an automated teller machine The cardholder obtains cash through this process The loan is an advance under the line of credit granted to the cardholder
A cash withdrawal from a credit card account Cash advances do not receive the benefit of any interest-free period, ie interest accrues from the day of the cash advance
You can use your credit card to get cash across the counter at branches of BankSA or through the world wide network of cash machines that carry the Visa or MasterCard logo using your PIN
Obtaining cash from the card instead of using it to make a purchase The Grace Period does not apply to cash advances
Using a credit card to withdraw cash from an ATM, bank, or other method described in the Account Agreement Cash advances are subtracted from the available credit and become part of the cash advance balance (Please note that there may be restrictions on the amount of cash you can take )
You can use your card at a bank or an automatic teller machine to get a cash loan The interest rate for a cash advance is typically higher than it is for purchases, and there is usually no grace period There can also be a handling fee for withdrawing cash in addition to the interest charges, which can raise the cost significantly
A borrower may obtain cash on the spot by using their card at a bank or an ATM The amount of the cash advance is deducted from your available credit line or funds on deposits A fee is often charged when obtaining cash advances In addition, the interest rate is usually higher than on purchases and there is typically no grace period (A cash advance is different from a withdrawal you make with your ATM card )
An amount advanced by a bank teller (or ATM) to a bankcard holder against the cardholder's line of credit
You can use your credit card to get cash across the counter at branches of St George or through the world wide network of cash machines that carry the Visa or MasterCard logo using your PIN
A Cash Advance allows you to obtain cash from your credit card account Please note there may be restrictions on the amount you may withdraw Typically, a Cash Advance is obtained through a financial institution or an Automated Teller Machine (ATM)