Cash advance FAQs
You perform a cash advance transaction when you:
- Use your credit card to withdraw cash (from an ATM or a teller).
- Make a balance transfer to your credit card.
No. Your payment is first applied to the principal balance of purchases. It is then applied to the principal balance of cash advances.
When using your credit card for purchases, you will be charged interest on any outstanding balance. This is the balance that is not paid off by the payment due date on your statement. Your due date is at least 25 days after the close of each billing cycle. This period of time is called a grace period. If you use your credit card for a cash advance, you will start to accrue daily interest immediately. There is no grace period for cash advances.
Please contact us to obtain your full balance. Your statement may not include your most recent charges. You receive your statement at least 25 days after the close of each billing cycle. As a result, paying off the full balance on your statement may not cover interest you still owe on your cash advance.