For most people, cash advances are capped at a few hundred dollars. This means that you cant rely on your credit card to provide you with very much cash in the event of an emergency.
Why cash advances are expensive. Getting a cash advance is easy, but its one the costliest ways to get your hands on some cash. This is because cash advances can come with a variety of expenses: Getting a cash advance is easy, but its one of the costliest ways to get your hands on some cash. Cash advance fees.
These are imposed by your card issuer. Some cards charge a flat fee per cash advance, say 5 or 10.
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