Unfortunately, you will not be able to use your credit card for another cash advance until you make a payment. It’s best to avoid cash advances whenever possible, as they are very expensive. This particular card charges a 4% cash advance fee (minimum $10) as well as interest that immediately begins accruing at a 25.49% variable rate. Furthermore, maxing out your credit line results in an extremely high credit-utilization ratio, which causes significant credit-score damage.
For more information about, please check out our guides on cash advances ( http://wallethub.com/edu/credit-card-cash-advance/25829/ ) and maxed out credit cards ( http://wallethub.com/edu/maxed-out-credit-card/25877/ ). Hope this helps.
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