answersLogoWhite

0

A credit access line allows you to borrow money up to a certain limit, while a cash access line allows you to withdraw cash directly from your account up to a certain limit.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

Explain the difference between a cash and credit transaction for purchass and sales?

explain the difference between cash and credit transaction


Difference between cash credit and overdraft?

Cash is money. Credit is a delayed form of payment. Overdraft is based on credit and is also a delayed form of payment.


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.


What is the meaning of a cash access line with Chase?

A cash access line with Chase is a credit line that allows you to withdraw cash from your credit card account.


What is the difference between cash sale and credir sale?

A cash sale is instant - a credit sale is a 'promise' of payment to come.


What is Difference between cash receipts and cash payments?

the second word. here we differ these term by debit and credit when cash receipt then amount field is +ve as on debit and in cash payment it will be -ve as on credit and reverse for opposite .


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 eftpos and epos?

EFTPOS can accept credit cards, EPOS only cash


Difference between current account and cash credit account?

i am a student and wanted to open my account should i open a current account or credit account


What is the difference between a cash advance and payday loans?

The difference: A payday loan does not require any type of credit card check. There is a fee one must pay to get a payday loan. A cash advance requires a credit card and have a small fee one must pay.


On credit card what is difference between initial credit line and partial line amount?

According to Citi, the partial line amount is the available cash advance amount, and the credit line is the limit on the account


What is the difference between sales and cash sales?

In cash sales, payments are made instantly by the buyer/customer to the seller, where as in credit sales, the payments are generally made after a specific period as agreed upon between the buyer and the seller.