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What is the difference between the purchase APR and cash advance APR on a credit card?
The purchase APR is the interest rate charged on purchases made with a credit card, while the cash advance APR is the interest rate charged on cash withdrawals made using the credit card. The cash advance APR is typically higher than the purchase APR and may also incur additional fees.
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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 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 debit and credit?
Debit - purchase deducted from your bank account Credit - gets put on a bill, and you pay it later
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.
Does a cash advance count as a purchase?
No, a cash advance is not considered a purchase. It is a loan taken out against your credit card's line of credit, and typically comes with higher fees and interest rates than regular purchases.
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 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 purchase on account and a sale on account?
Purchase on account means purchases from vendors on credit while sales on account means selling to customers on credit.
What is the difference between debit and credit?
Debit - purchase deducted from your bank account Credit - gets put on a bill, and you pay it later
What is the difference between a purchase and a payment on a credit card statement?
A purchase would be buying something. A payment would be a payment on the card itself, towards the balance of the available credit.
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.
Does a cash advance count as a purchase?
No, a cash advance is not considered a purchase. It is a loan taken out against your credit card's line of credit, and typically comes with higher fees and interest rates than regular purchases.
What is difference between rural credit and micro credit?
What is the difference between micro credt and rural credit?
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 installment credit and open ended credit?
the difference between installment credit and open ended credit is they are the same..
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 cash advance APR for this credit card?
The cash advance APR for this credit card is the interest rate charged when you borrow cash using your credit card, typically higher than the regular purchase APR.
