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A credit card cash advance fee is a charge for withdrawing cash from the credit line on a credit card, using an ATM withdrawal or a convenience check. Cash advance fees are typically structured as either a percentage of the amount withdrawn (usually 3%-5%) or a flat fee (typically $5-$10), with the higher of the two being charged. For example, if you take out a $250 cash advance with a credit card that has a cash advance fee of 5% or $10, whichever is greater, the fee will amount to $12.50 (5% of $250).
In addition to cash advance fees from your credit card issuer, you’ll likely pay $2-$5 in ATM fees if you use your credit card to make a withdrawal. On top of those fees, you’ll also have to pay the credit card’s cash advance APR. The interest rate for a cash advance is usually even higher than a credit card’s regular APR, and cash advances begin accruing interest immediately. Typically, cash advance APRs are 20%-36%.
Cash Advance Fees by Credit Card Company
| Company | Typical Cash Advance Fee |
| 5% (min $10) | |
| 4% to 5%, depending on the transaction | |
| 5% (min $10) | |
| 5% (min $5) | |
| Either $10 or 5% of the amount of each transaction, whichever is greater. | |
| 5% (min $10) | |
| 3% to 5% (waived when transferring funds to a USAA deposit account) | |
| 3% ($5 minimum) for convenience checks; 5% ($10 minimum) otherwise | |
| 5% ($10 minimum) |
Keep in mind that cash advances are essentially very expensive short-term cash loans. While they’re helpful in an emergency, you should avoid cash advances whenever possible.
You can learn more about how cash advances work — including the risks, fees, and smarter alternatives — in our full cash advance guide.
People also ask
Do cash advances hurt your credit score?
Cash advances do not hurt your credit score directly, as they are not listed on your credit report, and the contents of your credit report determine your score. But a cash advance can indirectly hurt your credit if it leads to missed payments or high credit utilization, as is the case with any credit card transaction.
How Cash Advances Can Indirectly Hurt Your Credit
Expensive interest and fee
Cash advances accrue interest immediately....
read full answer by Lauren Smith, WalletHub Staff WriterHow can I get a Capital One cash advance?
To get a Capital One cash advance, use a Capital One 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 Capital One customer service at the number on the back of your card to request one.
How to Get a Capital One Cash Advance at an ATM
- Call Capital One customer...
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