How can I get a First Premier Bank credit card cash advance? This question is about First Premier Bank

How can I get a First Premier Bank credit card cash advance?

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This question is about First Premier Bank

Robert Stark, WalletHub Credit Cards Analyst

@robert.stark • 12/14/21 This answer was first published on 11/06/18 and it was last updated on 12/14/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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To get a First Premier Bank credit card cash advance, use the credit card and a corresponding PIN at a participating ATM and withdraw the cash, up to the card’s available cash advance limit. If you do not have a PIN, contact First Premier Bank’s customer service at (800) 987-5521 to request one.

There may be other ways to get a cash advance from your First Premier Bank credit card, too. For example, you can request a cash advance in person at a local First Premier Bank branch. You could also write out a First Premier Bank cash advance check and use it like a traditional bank check.

You should keep in mind that a First Premier Bank cash advance can be expensive. A cash advance fee and a separate cash advance APR apply from the moment of the transaction. If you have to get one, then it would be best to pay it off as soon as possible.

Jack Willard, Member

@jack_willard • 06/04/20 This answer was first published on 04/11/18 and it was last updated on 06/04/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The cash advance fee is 5% or $6, whichever is greater. So if you take out $10, the fee is gonna be $6. This does not account for the interest rate, which will start adding on the same day.

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People also ask

What is a credit card cash advance limit?

A credit card cash advance limit is the maximum amount a credit card user 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 reports online suggest the rule of thumb for cash advance limits is 20% of your credit card limit, but it can vary based on the card issuer.… read full answer

Note that you will need a PIN to get a cash advance from an ATM. Notoriously high APRs and fees also mean that doing a credit card cash advance should be reserved for emergency situations only.

The cash advance limit is also called “cash credit line” or “cash access line,” depending on the card issuer. They all refer to the same thing.

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What is a cash advance?

A cash advance is a service offered by credit card issuers that gives cardholders access to a portion of their credit line via cash withdrawal or, in some cases, a paper check provided by the issuer. The most common way to do a credit card cash advance is by making an ATM withdrawal. To do that, you will need to request a PIN from your card’s issuer.… read full answer

Credit card cash advances should be reserved for emergencies only, as they are very expensive. Cash advance fees tend to be around $10, depending on the credit card company. The current average APR is about 21%. Cash advances also don’t get any kind of grace period, so they immediately start accruing interest.

Although our world has been moving toward a cash-less society, there are still times when you might need to pay for something with cash. For those instances, it’s best to use a debit card or a prepaid card that lets you make free cash withdrawals from ATMs, whenever possible.

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How much will my First Premier credit card cash advance limit be?

That depends on the First Premier credit card you have. For unsecured cards, cash advance limits depend on the actual limit they assign to you.

You can see that limit on your statement or find it by calling the number on the back of your card.

If you have a secured card, you can only take out 10% of your initial deposit as a cash advance for the first 90 days. Either way, First Premier Bank cash advances are awfully expensive, so avoid them at any cost.… read full answer

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