Bogdan Roberts, Credit Cards Moderator
@bogdan_roberts
You can get a Citi Simplicity Card cash advance by withdrawing funds from an ATM or visiting a Citibank branch and asking a teller for a cash advance. Citi Simplicity Card charges a cash advance fee of 5% (min $10) for each cash advance. That's before factoring in the interest too. Your Citi Simplicity Card cash advance APR will be 26.74% (V). And unlike purchases, there is no grace period, so cash advances start accumulating interest as soon as you get your money.
To figure out exactly how much you'll pay for any specific cash advance, you need a few pieces of information.
Here's what you need to know about Citi Simplicity Card cash advances:
- How to get a Citi Simplicity Card cash advance: You can get a cash advance at an ATM or by visiting your local bank branch. To get a cash advance from an ATM, you will need a PIN. If you haven't received a PIN, you can request one from Citibank.
- Citi Simplicity Card Cash Advance Fee: 5% (min $10) of each cash advance transaction. In addition to the Citi Simplicity Card cash advance fee, there may be additional ATM fees, depending on where you withdraw the money from.
- Citi Simplicity Card Cash Advance APR: 26.74% (V). There is no grace period, so the interest applies to your balance immediately and accrues daily.
- Citi Simplicity Card Cash Advance Limit: Your cash advance limit will depend on your creditworthiness.
The full price of a Citi Simplicity Card cash advance is the fee plus the total amount of interest you end up paying. The sooner you repay what you owe, the less it will cost. Cash advances are costly transactions, so it's best to reserve them for emergencies.
Bill Pyke, Member
@billrpyke
It's 5% or ten bucks, depending on how much you withdraw. That's without the interest, because of course there will be interest.
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