This facility usually comes with a high-interest rate.
The Cash Advance facility, also known as using a credit card to withdraw cash from an ATM or Automatic Teller Machine, is a commonly utilized option. However, it is important to note that this convenience often comes at a higher interest rate. Therefore, it is crucial to fully understand the terms and conditions of this service before making any transactions. With proper knowledge and careful consideration, one can effectively manage their finances and make informed decisions when utilizing this feature.
