Called cash advances, these withdrawals are actually you borrowing cash on your credit card and you must repay them — usually with high fees and interest rates.

Our comprehensive guide explains the fees, interest rates, and management strategies for navigating cash advances. It's time to make savvy decisions.

There were a whopping 15,750,456 personal credit cards on issue in Australia in February 2023 and 988,553 credit card cash advances made, according to RBA data.

Alternatives for borrowing against your credit limit — if your card offers such features — can cost less than using your card at an ATM for fast cash.

Avoid using cash advances for regular expenses Review your budget to prevent future cash shortages Frequently asked questions How much can I borrow through a credit card cash advance?

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Getting cash from your credit card is known as a cash advance and although the process is easy, doing so comes with some pitfalls. Read more about how to get cash from a credit card.

A cash advance enables consumers to withdraw cash by borrowing against their credit card. Here’s what you need to know about them.

Called cash advances, these withdrawals are actually you borrowing cash on your credit card and you must repay them — usually with high fees and interest rates.