The Applied Bank® Unsecured Classic Visa® Card cash advance fee is 5% (min $10) per transaction, whichever is higher. A cash advance fee is charged when using the Applied Bank Unsecured Credit Card for cash withdrawals at an ATM, with a cash advance check.
Bear in mind that when you make a cash advance, you will incur other costs in addition to the Applied Bank Unsecured Credit Card 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.
The best cash advance credit card is the PenFed Pathfinder® Rewards Visa Signature® Card because it has a $0 cash advance fee and a low cash advance APR (17.99%). All PenFed cards have 0% cash advance fees and fairly low cash advance APRs. But this is very uncommon for other issuers. Cash advance fees are typically 3%-5%, and cash advance interest rates are usually over 20%.
Cash advances typically cost around 3.85% of the withdrawn amount. A cash advance fee is usually applied every time you use your credit card to get a cash advance.
In addition to expensive cash advance fees, there is also a high cash advance APR (24.44%, on average). From the moment you withdraw the money, your credit card company will immediately begin charging you interest. Note that the charges will continue to mount until you pay...
A credit card cash advance limit is the maximum amount a cardholder can withdraw from the card’s full credit line as a cash advance. Your credit card cash advance limit will be a certain percentage of your whole credit card limit. Some online reports mention that the cash advance limit is usually from 5% to 30% of your credit card limit. Note that this percentage can vary based on the card issuer.
WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: Applied Bank® Unsecured Classic Visa® Card, Star One Visa Signature Rewards Card, Navy Federal Credit Union Visa Signature® Flagship Rewards Credit Card, DCU Visa® Platinum Secured Credit Card, and Santander® Ultimate Cash Back® Credit Card
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.