How can you withdraw cash on your credit card?
You can take out a cash advance on your credit card by:
- Using your PIN at an ATM
- With your ID at your provider’s branch
- Getting cashback when you make a purchase in a shop
You can withdraw cash up to your cash advance limit, which may be lower than the credit limit you're given for purchases. Check what your limit is with your provider.
Once you've withdrawn the cash, try to pay off your credit card bill as quickly as possible – don’t wait for your next credit card statement if you can. Cash advances get charged a higher rate of interest, so pay it off as soon as you can to minimise the amount of interest you'll pay.