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both widely accepted. globally accepted as payment

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Connor Lakin

Lvl 10
4y ago

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Related Questions

What is the difference between a credit limit and a cash advance limit on a credit card?

A credit limit is the maximum amount you can spend on your credit card for purchases, while a cash advance limit is the maximum amount you can withdraw as cash from your credit card.


How does credit card factoring work?

credit card factoring is a form of cash advance between small business and the credit card companies to provide cash flow for the small business as they wait for the card purchase to clear the credit card company.


What is the difference between a cash advance limit and a credit limit on a credit card?

A cash advance limit is the maximum amount of cash you can withdraw from your credit card, typically lower than the credit limit. The credit limit is the total amount you can spend on purchases using the card.


What is the difference between a debit card and a credit card?

A debit card takes money directly from your account. A credit card takes the money from the credit card company, and the credit card company will bill you in monthly installments until you pay them back (plus interest). A debit card is like paying in cash, without actually having the cash on you. A credit card is similar to taking a small loan.


Are there many differences between Chase credit card applications than any other credit card application?

There's a 5% cash back on specific items, which is a much higher number than any other credit card. Other than that, they are very similar to other credit card companies.


What are the differences between a cash and credit transaction for purchase and sales?

With Credit card you have to pay the credit company back later, cash is paid and over with if used.


How can I cash a credit card?

To cash a credit card, you can use a cash advance option offered by your credit card company. This allows you to withdraw cash from an ATM or bank using your credit card, but be aware that cash advances often come with high fees and interest rates.


How do I do a cash advance on my credit card?

To do a cash advance on your credit card, you can typically visit an ATM and use your credit card to withdraw cash. Keep in mind that cash advances usually have higher interest rates and fees compared to regular credit card purchases.


What cash back rates are available to you on a credit card when making a purchase?

The cash back rates available on a credit card to someone when making a purchase are between 0.5% and 5%. If you spent 100 dollar on your credit card, you will get 5 dollar cashback.


Can I pay my credit card bill with cash?

Yes, you can pay your credit card bill with cash at certain locations such as the bank or the credit card company's branch.


Is credit card and debit card is a cash?

No


What credit card companies offer cash advances?

There are a number of credit card companies that offer cash advances to customers. One can get them from Citi credit cards, Commonwealth Bank Credit card and the HSBC Credit Card.