Buying a used car with Chase Slate should not be considered a cash advance, but it ultimately depends on what forms of payment the car dealer accepts.
If the dealer accepts credit cards, then it will be considered a purchase. If you have to withdraw cash from an ATM or use a convenience check, the transaction will be treated as a cash advance. To find out more about cash advances, you can take a peek here.
Why would it be a cash advance? The only way it can be a cash advance is if you physically take out cash with the card. If you just swipe it at their register, it'll be a regular purchase, with the standard grace period and APR.
I don’t think you’d want to take out such a high amount, to be honest. The fee would be 5% of the money you take out, and the interest would start piling on right away. Just saying, bad idea.
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