You can get a Citi Diamond Preferred cash advance by using the card (along with the account’s 4-digit PIN) at an ATM. You can also visit a local Citi branch and request a cash advance in person. But before you make a withdrawal, be aware that a cash advance is a costly transaction.
Citi Diamond Preferred’s cash advance fee is $10 or 5% of the amount withdrawn, whichever is higher. And its cash advance APR is about 27% (V) – above the regular APR range. There’s also the potential for bank fees if you use a non-Citi ATM.
Citi Diamond Preferred cash advance withdrawals are restricted to a pre-determined portion of your credit limit. And if you’re withdrawing cash from an ATM, you will need the PIN you received when you were approved for the card. You can contact customer service at 1 (800) 950-5114 or log in to your online account to acquire a PIN or to reset an existing PIN.
Unlike credit card purchases, there are no interest-free grace periods with cash advances. Interest applies daily from the date you withdraw the cash. So it’s best to avoid this type of transaction whenever possible.
Sure you can, at any ATM, but you have to call Citi first so they can provide you with a PIN. Their customer service number is 800-950-5114. Only do it if it’s an emergency though – it’s a pretty pricey service.
The best cash advance credit card is the PenFed Platinum Rewards Visa because it has a $0 cash advance fee and a low cash advance APR: 11.74% to 17.99% (V), depending on credit standing. 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%.… read full answer
Unfortunately, no credit card offers free cash advances. All credit cards charge interest on cash advances, at least. And that interest always starts accruing the moment you take out the advance. But if you get a card with no fee and pay off the balance right after doing a cash advance, you shouldn’t have to deal with much in the way of extra costs.
Some of the best cash advance credit cards also offer some excellent rewards. For example, the PNC Premier Traveler card offers 30,000 points for spending $3,000 in the first 3 months. And it gives 2 miles per $1 on all purchases.
The PenFed Platinum Rewards Visa offers 5 points per $1 spent on gas, 3 points per $1 at supermarkets and 1 everywhere else. And it gives a $100 statement credit for spending $1,500 in the first 90 days. Only PenFed members can get the card, but anyone can join PenFed with a $17 one-time donation to the National Military Family Association or Voices for America’s Troops. U.S. military or government employees and their families join for free.
To get either of the DCU credit cards, you must be a relative of a member, work for one of 700+ New England employers, or live in one of seven communities in MA and GA.
There are a few ways to get a cash advance on a credit card without a PIN. The easiest way to withdraw cash from a credit card without a PIN is to visit a bank that does business with your credit card company, ask the teller for a cash advance, and present your card along with a government-issued photo ID. You could also ask your credit card’s issuer for so-called … read full answercredit access checks, which you can then use to withdraw cash from your credit line.
The other ways to get a cash advance on a credit card without a PIN are to purchase a money order from the likes of MoneyGram or Western Union, or link your credit card account to a service such as Amazon Pay. Alternatively, using an app such as Venmo, PayPal or Cash App can also help you pay people and businesses that can’t accept credit cards directly. Those services often charge a fee for using a credit card, but the transaction may actually be processed as a payment rather than a cash advance.
To get a cash advance with a credit card at an ATM, however, you need a PIN. But getting one is easy. If you didn’t create a PIN when you activated your card, you should be able to call customer service, choose your number and get it set it up right away. Some issuers, such as Bank of America and Discover, also let you set a PIN online.
Whether or not you use a PIN, you’ll want to be careful about cash advances. They typically charge high interest rates and a 3%-5% fee. Plus, there’s no grace period, so interest starts accruing as soon as you complete the transaction. But unforeseen circumstances arise for everyone, so here are your options if you need cash but don’t have a PIN.
How to Withdraw Cash From a Credit Card Without a PIN:
Bank teller: You can get a cash advance without a PIN at a bank branch, but you’ll need both your credit card and a government issued photo ID like a driver’s license or passport.
Access checks: If your credit card issuer has sent you access, or convenience, checks, you can use them to withdraw cash at any bank that accepts them. Access checks are blank checks that draw on your credit line rather than your checking account. Some issuers send access checks without being asked, but you can also request them by calling customer service. Keep in mind that access checks are subject to the same high APRs and lack of grace periods as cash advances.
Money-transfer service: You can buy a money order with a credit card from a service such as Western Union or MoneyGram. This would allow you to transfer funds to a recipient using just a phone number or email address. It won’t give you cash on the spot, but it could make it possible to ultimately spend part of your credit line in cash if you transfer the money to the right person. The transaction likely will be treated as a cash advance, however.
Digital payment service: Apps such as PayPal,Venmo and Cash App allow you to make payments from a linked credit card account. That could remove the need to withdraw cash altogether, though these services usually charge a fee. The transaction may or may not be considered a cash advance, too, depending on the service and the credit card. Similarly, you can link a credit card to an Amazon Pay account and pay a merchant that way. The merchant needs an Amazon "Recipient Name," however. And if you don’t mark the payment as being for "goods and services," the transaction will be considered a cash advance.
So, there are a handful of different ways to get a cash advance on a credit card without a PIN. Just remember that cash advances tend to be quite expensive and should be reserved for emergencies.
If you need a way to access cash on a regular basis, it’s best to look for a cheaper, more sustainable alternative. Two options in particular are good for the job, though each will usually require a PIN of its own.
For example, you could just get cash with a debit card. You won’t be able to borrow money with a debit card, but it would enable you to make purchases from cash-only merchants. Just go to an ATM or make a small purchase at a store and select the cash back option.
Using a prepaid card is another possibility. A prepaid card is like a checking account with a debit card, minus the checkbook. You can use it to make purchases directly or to withdraw cash from ATMs. But it only allows you to use your own money and doesn’t help you build credit.
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