Milvionne Chery Copeland, Writer
@milvionne_copeland
A Visa cash advance fee is usually 1% to 8% of the cash advance amount, or a flat fee of $5 to $20, depending on the card and the amount advanced. Cash advance fees, which are charged when you use a credit card to withdraw cash at a bank or an ATM, are assessed by the card issuer and not controlled by Visa.
Cash Advance Fees for Popular Visa Credit Cards
| Visa Credit Card | Cash Advance Fee |
| Either $10 or 5% of the amount of each transaction, whichever is greater. | |
| 3% (min $3) | |
| Either $10 or 5% of the amount of each transaction, whichever is greater. | |
| 3% (min $3) | |
| 5% (min $10) | |
| 5% (min $10) |
Be aware, this fee is not the only cost associated with cash advances. You will also get charged interest on the cash advance amount, and there may be ATM fees, too, depending on where you do the cash advance.
In the long run, cash advances can get expensive. However, if you’re looking for a card that will save you a little bit of money on cash advances, check out WalletHub’s picks for the best cash advance credit cards.
People also ask
Is there a fee for cash advance on credit cards?
Yes, there is a fee for cash advance on credit cards, usually. Only a few credit cards don’t charge cash advance fees. Cash advances typically cost around 3.84% of the withdrawn amount. The cash advance fee is applied every time you use your credit card to get a cash advance.
... read full answershow lessDo cash advances hurt your credit score?
Taking out a cash advance has no direct impact on your credit or credit score unless this operation leads to a credit utilization of more than 30-40%.
Just remember that cash advances are very expensive, ultimately causing you to pay much more money ( through fees and interest rates) than... read full answer
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