Comments on: When you do a cash advance with a credit card, is the interest rate charged daily or monthly(get the bill)? http://www.cashdayadvance.org/cash-advance/cash-advance-charge/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/ Cash Day Advance Online Resources And Information Thu, 09 Feb 2012 01:26:33 +0000 http://wordpress.org/?v=abc By: Robby http://www.cashdayadvance.org/cash-advance/cash-advance-charge/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/#comment-2215 Robby Tue, 05 Aug 2008 16:51:10 +0000 http://www.cashdayadvance.org/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/#comment-2215 If you can't avoid taking out a cash advance on your credit card, the smarter route is to request one of those convenience checks that carry a promotional rate. Like 4.9% for the first year. That could save you huge amounts of money over the long term. I can just about guarantee that even if you had a 14.9% rate for the promotion you are coming out better than what banks charge on regular cash advances. (Assuming you are a regular credit or above person) Or you could call the issuer and ask about current promotions for deposits to your account. Keep in mind, I am not recommending taking out a balance transfer on a credit card, but if yo have to, there are smarter ways to do it than simply going to a bank or ATM. Robby Cash Advance Marketer If you can’t avoid taking out a cash advance on your credit card, the smarter route is to request one of those convenience checks that carry a promotional rate. Like 4.9% for the first year. That could save you huge amounts of money over the long term. I can just about guarantee that even if you had a 14.9% rate for the promotion you are coming out better than what banks charge on regular cash advances. (Assuming you are a regular credit or above person)

Or you could call the issuer and ask about current promotions for deposits to your account. Keep in mind, I am not recommending taking out a balance transfer on a credit card, but if yo have to, there are smarter ways to do it than simply going to a bank or ATM.

Robby
Cash Advance Marketer

]]> By: don_sv_az http://www.cashdayadvance.org/cash-advance/cash-advance-charge/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/#comment-2214 don_sv_az Tue, 05 Aug 2008 01:04:08 +0000 http://www.cashdayadvance.org/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/#comment-2214 They start charging interest on the day you get the cash advance. Also, most cards also charge a 3% fee immediately. On top of that, some cards have a much higher interest rate for cash advances. They start charging interest on the day you get the cash advance. Also, most cards also charge a 3% fee immediately. On top of that, some cards have a much higher interest rate for cash advances.

]]> By: Gatsby216 http://www.cashdayadvance.org/cash-advance/cash-advance-charge/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/#comment-2213 Gatsby216 Mon, 04 Aug 2008 09:08:39 +0000 http://www.cashdayadvance.org/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/#comment-2213 On purchases you have the grace period before interest is charged, so you can have a zero balance, charge, get the statement, pay the balance in full and have no interest charged. There is no grace period for cash advances. The interest will be charged at the daily periodic rate for cash advances. a> On purchases you have the grace period before interest is charged, so you can have a zero balance, charge, get the statement, pay the balance in full and have no interest charged.

There is no grace period for cash advances. The interest will be charged at the daily periodic rate for cash advances.
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]]> By: Suzanne S http://www.cashdayadvance.org/cash-advance/cash-advance-charge/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/#comment-2212 Suzanne S Sun, 03 Aug 2008 23:48:55 +0000 http://www.cashdayadvance.org/when-you-do-a-cash-advance-with-a-credit-card-is-the-interest-rate-charged-daily-or-monthlyget-the-bill/#comment-2212 Oh they want you to take cash advances. Yes the interest is charged monthly. However when they credit your payment they first credit your purchase amounts. Why do you ask have you looked at what they charge you in interest for those cash advances? More money in interest charges for them. Cash advances can will get you trouble very fast. How do I know well my daughter thought she would take a few cash advances and now she is in way over her head. Believe me what ever you need the cash for is not worth it. Oh they want you to take cash advances. Yes the interest is charged monthly. However when they credit your payment they first credit your purchase amounts. Why do you ask have you looked at what they charge you in interest for those cash advances? More money in interest charges for them. Cash advances can will get you trouble very fast.
How do I know well my daughter thought she would take a few cash advances and now she is in way over her head. Believe me what ever you need the cash for is not worth it.

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