Fee calculation can get tricky. A few issuers do not charge any fees at all. This is very rare, though. One such issuer is Pulaski Bank , located in Little Rock, Arkansas. Finally, if you must get an advance, avoid using ATM machines.
ATMs charge an additional fee for advances.
Often the greatest potential pitfall for consumers who decide to get a cash advance involves finance or interest charges. Other finance charge pitfalls involve grace periods and the payment method that a card issuer utilizes. Cash advances begin accruing interest immediately and, therefore, are not subject to a grace period . Thus, even if you pay your card balance in full when your bill arrives, you will still be accessed a finance charge for any advances. A similar pitfall involves the manner in which payments are applied to your account.