Question by TopGun: Get cash from credit card?
need some emergency cash, never done before. how to do it? is there transaction fee or ATM fee? is there better way to get some cash ?
from credit card, cash allow $ 1K, is this whole period or just one month allowance?
Answer by redhead
Yes, you can usually get cash from a credit card. You will also typically be charged at a higher interest rate on the money you borrow as opposed to buying merchandise/services. There may or may not be a transaction fee, depends on your lender.
The amount you are allowed to take in cash is the total amount, but as you pay it back you will have more available to borrow from.
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