What is the cash limit anyone is allowed to withdraw off of their credit card?

Answer 1

If you look at your credit card statement, it will list the cash advance amount that is available to be withdrawn. Otherwise, you can contact your credit card company. The phone number is on the back of your card. Note that it will cost you more money for cash advances against your card than for normal purchases (i.e., cash advances are assessed a higher interest rate.)

Answer 2

I agree with the others, also depends on the max amount the particular ATM you use. They have daily limits as well. Check in with your bank. FYI... I wouldn't suggest getting a cash advance on your credit card a very good idea. You get charged interest right away at the maximum rate. If you contact you bank, they may be able to offer you a balance transfer at a low interest rate IE. 2.99% for six months, deposited directly into your bank account. This would be the smartest way for you to borrow your $$.

Answer 3

It varies, depending on the card, your limit and your status.

I have $1,000 available for cash.

Keep in mind that when you withdraw cash from your card, the interest accrues daily and the cash balance is the last thing to be paid off.

Answer 4

Some cards will allow you to withdrawl the entire available balance. However, I have a chase credit card and they will only allow you to withdrawl 20% of available credit

Answer 5

300.00 on most cards. For a cash advance you will pay a higher intrest rate Could be as high as high as 29.9%.....You might want to think about it

Answer 6

whatever your max limit is.... or if its per day or week... whatever you agreed set of max to withdraw with your credit card company is the limit......