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Credit Cards Credit Card v17, Ask general questions here, Please read the 1st post before posting!

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a-ei-a
post Mar 2 2013, 11:01 PM

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Is there any additional charge other than the 5% for cash advance (withdraw money using CC via ATM)? Does the cash advance enjoy 20 days interest free as per normal credit card transactions?
a-ei-a
post Mar 3 2013, 12:12 AM

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QUOTE(David83 @ Mar 2 2013, 11:03 PM)
No for the 2nd question. The interest will be started from the day of withdrawal till it is being cleared.
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Thanks David83. Assume is 18% per year, the interest rate would be Amount withdrew x 18/365 X number of days from the day of withdrawal right?

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