“No cash. Pin & credit card only”. Estamos ya entrando en un mundo “sin dinero” en el que las tarjetas son imprescindibles para casi cualquier transacción económica. Nos facilita la vida pero genera nuevos excluidos y modifica el mapa de agentes económico
Question by azulazile: how can i withdraw cash from a BPI credit card? and what are the cons of it?
how can i withdraw cash from BPI credit card? is it the same as withdrawing from your savings? what are the consequences or interests of it? please help!
Answer by Buy the Numbers You can get cash advances from most credit cards, unless you have poor credit or a large balance. It is not connected to your bank account (those are check cards, ATM cards or debit cards).
However, you should only get cash advances from credit cards in emergencies. It is very expensive. There is usually a cash-advance fee ($ 5-$ 25) + there is no “grace period” so you get charged interest (10-35+% APR) right away, even if you pay your balance in full every month.