The Business Platinum Card® from American Express card does not have a cash advance fee because the card does not allow cash advances. The American Express Business Platinum card can only be used for purchases. On the other hand, the American Express Business Platinum card can be used for purchases wherever cards on the American Express network are accepted.
The American Express cash advance fee is 5% (min $10) per transaction, whichever is higher. A cash advance fee is a fee charged when using an American Express credit card for cash withdrawals at an ATM.
Bear in mind that when you do a cash advance, you will incur other costs in addition to the American Express cash advance fee. There’s a separate cash advance APR that applies immediately after you complete the transaction. The ATM owner may also impose additional charges.… read full answer
You can find your Amex APR through your Amex account online or from a monthly billing statement. Amex APRs are listed on the “Interest Charged” page under “Interest Charge Calculation,” which is usually on page 4 or 5 of both the hardcopy statement and the electronic version. If you do not have an Amex card yet, you can see the APR range for a particular offer by going to the “Cards” section on the … read full answerAmex website and clicking “View Details.”
The “Interest Charge Calculation” section of your Amex statement will include your current annual interest rate for both new purchases and cash advances, the amount of your balance that is subject to each interest rate, and the number of days in the billing period. If you have an introductory 0% APR, it will also be listed here, along with the date the promotional rate will expire.
There is no way to know how high American Express credit limits are. You won’t know your American Express credit limit until you’re approved for an account. American Express does not disclose a minimum credit limit in their cards’ terms and conditions, unlike some other major issuers. All Amex says is that your credit limit depends on your credit history, debt level, income, and payment history on other American Express cards.… read full answer
One way to estimate what credit limit you might get on an American Express card is to read customer reviews of the card. People will often post what limit they received, sometimes with their credit score and income. But you should take any of these numbers with a grain of salt. Just because someone with a similar credit score or income got a certain limit, it doesn’t mean you will, too.
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