Wouldn’t it be great if you could withdraw cash from your credit card the same way you can from a debit card? Well, there is a way, but it’ll cost you.
Chances are, your credit card issuer provides cash advances as a service. The service lets you get cash with a credit card, which you can do in the following ways: at an ATM, at a bank counter or via checks the bank sends you by mail. Needless to say, overspending is a bad habit and should not be the reason why you need cash. Things happen, and perhaps, an unplanned emergency put you over budget, and now you need money for rent or a car payment—things you typically cannot pay with a credit card. You might think about taking out cash from your credit card.