I have never used my credit card for cash. But the bank says I can cash out certain amout. I just want to know how.
2006-07-10 18:57:42 · 10 answers · asked by heather 2 in Business & Finance ➔ Personal Finance
Yes, you can cash out from your credit card through any ATM member bank. Just simply insert your card, presss and follow instruction related to withdrawing cash and you can get cash right away..
But take note that withdrawing cash from your credit card has higher interest compared to any other transaction or purchases.
So, withdraw cash strictly for emergency purposes only to refrain from paying so high interest.
2006-07-10 19:09:49 · answer #1 · answered by Joseph P 1 · 0⤊ 0⤋
You will probably have to pay a high rate of interest for the cashing. You can do it in the emergency situation as long as you remember to cash back immediately when you can. I did it in Europe when I needed cash for some shops that didn't accept credit card.
2006-07-10 19:07:49 · answer #2 · answered by hometownthebest 1 · 0⤊ 0⤋
You have to know your PIN, which is asked when you insert the credit card in for cash. Simply put: you don't know it--tuff nubbies: you get NO cash.
Call your credit card service for a PIN. And DO be careful: people behind or nearby you CAN, with great skill, see and remember your PIN: a way they use to snag YOUR cash.
2006-07-10 19:03:22 · answer #3 · answered by Mr. Wizard 7 · 0⤊ 0⤋
When you got your credit card it came with a pin. They usually mail it after you get your card. You just go to the ATM and use your pin to take out the $$$$.
2006-07-10 19:01:52 · answer #4 · answered by jade.made 2 · 0⤊ 0⤋
Yes most atm's will allow a cash withdraw on a cc.
I believe they ask for you cash pin if you have made one with the acc.
2006-07-10 19:01:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Don't do it....you pay a huge amount of interest on that. Look at your credit card...you will see the small print on that. Plus, most credit cards only let you have a limit and if you go over that limit you pay fees.
2006-07-10 19:02:04 · answer #6 · answered by aquariuslove82 2 · 0⤊ 0⤋
you should be able to withdraw money just like a debit card, but you will need a pin number
2006-07-10 19:02:07 · answer #7 · answered by andreva 2 · 0⤊ 0⤋
Yes, if the ATM accepts your type of card (i.e cirrus), and you have a PIN#
2006-07-10 19:01:07 · answer #8 · answered by kafka2003 3 · 0⤊ 0⤋
U can do that but tthe bank will charge you an extra 5% (not sure how much your bank will charge u, it depends on which country u r from, please refer your credit card agreement)
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2006-07-10 19:07:20 · answer #9 · answered by carmeehoon 3 · 0⤊ 0⤋
um you shouldnt, dont use money that you dont have you little jerk
2006-07-10 19:00:27 · answer #10 · answered by lukaslabno 2 · 0⤊ 0⤋