Cash Advance Fee
define: Cash Advance Fee
A one-time fee charged by a credit card company when a cardholder takes a cash advance. It is generally expressed as a percentage of the cash advance amount, and a minimum charge is also often specified. For example, a credit card may have a cash advance fee of 2% of each cash advance; $3 minimum.
Comment on this entry
More Credit Cards Terms |
Other Glossaries |
