Credit Card Cash Advance: In today's fast-paced world, credit cards have become an indispensable financial tool for people. The card offers features like instant payments, convenience in making purchases, loan facilities, and much more. However, many users are unaware that, like debit cards, credit cards also offer a cash withdrawal facility called cash advance. Doesn't this seem like a quick solution when you need money immediately? But one should use this option in exceptional circumstances. If one makes it a habit to use credit card cash and fails to pay the credit card bill, they will not only be paying interest on withdrawals but they will also be slapped with a monetary penalty.

What is a credit card cash advance facility?

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