Cash advances take a bigger bite
Cash advances take a bigger bite. Getting cash from your credit card has long been expensive, but the tab has risen sharply in recent years. A decade ago, most credit card issuers imposed a 2% fee with a $2 minimum fee and a $10 maximum fee on cash advances, according to CardWeb.com. Today, the fee is 3% with minimums ranging from $5 (at most issuers) to $15 (at HSBC) and no maximums.
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