Comments on: If I made a cash withdrawl on my credit card, what interest is charged? Is it daily? http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm Sat, 19 May 2012 13:56:24 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: SandraD http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm/comment-page-1#comment-2784 SandraD Fri, 16 Jul 2010 04:48:44 +0000 http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm#comment-2784 Most cards are about 24% Most cards are about 24%

]]> By: scottsmylie http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm/comment-page-1#comment-2783 scottsmylie Fri, 16 Jul 2010 04:48:44 +0000 http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm#comment-2783 You Probably get a fee on top of the cash advance rate. You Probably get a fee on top of the cash advance rate.

]]> By: Bob http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm/comment-page-1#comment-2781 Bob Fri, 16 Jul 2010 04:48:44 +0000 http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm#comment-2781 You pay at your card's "cash advance rate" not the "purchase rate". There is no grace period, like with purchases. Every day a cash advance is outstanding accrues interest on the amount outstanding on that date. You pay at your card’s "cash advance rate" not the "purchase rate". There is no grace period, like with purchases. Every day a cash advance is outstanding accrues interest on the amount outstanding on that date.

]]> By: Maryn Bittner http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm/comment-page-1#comment-2782 Maryn Bittner Fri, 16 Jul 2010 04:48:44 +0000 http://smallbusinessmerchantaccounts.org/if-i-made-a-cash-withdrawl-on-my-credit-card-what-interest-is-charged-is-it-daily.htm#comment-2782 That depends entirely on the card and the bank that backs it. It should be in the literature you got when you got the card. That depends entirely on the card and the bank that backs it. It should be in the literature you got when you got the card.

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