Can you use a credit card in a cash machine or can you use at a bank counter to gain cash?

Answer 1

You can usually use them in cash machines, but beware because there is usually a charge for withdrawing cash (a fixed fee or a percentage of the amount you withdraw) on a credit card, AND you will usually be charged a different (higher) rate of interest on cash advances than you would be on purchases. Check with your card issuer exactly what the terms are.

Answer 2

Yes to both questions. To access at a cash machine, you'll need a pin number. At a bank counter it's called a cash advance. Be aware that the interest on these is usually between 22 and 25 percent.

Answer 3

Yes. But I would call your credit card company. Some offer an option to transfer money directly to your bank account. There might be a limit on how many times you can do this and maybe a cash limit also. But is is cheaper than doing a cash advance-and it may be free.

Answer 4

You can use it at most cash machines, check there signs for visa etc . But there is normally a charge, mine is £5 per withdrawal. so over the counter (which you can do) is better for cash, as there is no charge.

Answer 5

Mix me up them dam cash machines so i go to bank counter, show my card and they give me whats needed.
Money that is.

Answer 6

You can use your credit card in a cash machine but they charge you loads to do it

Answer 7

i have used mine in a cash machine, but don't anymore as they charge higher interest on cash withdrawals than on purchases using the credit card

Answer 8

Yes. You need your PIN at a cash machine and at a counter you *might* need proof of ID.

Answer 9

You can use a cc at an ATM, but you should also have a PIN number. Usually, they charge a hefty amount of interest for cash withdrawls.

Answer 10

Yes, but you will be charged a £2 of 5% of the amount withdrawn (whichever is higer) for doing it.