Home Education Never use credit card to withdraw cash

For more knowledge from around the globe get Indianmoney App Now

Google Play
Get the Best Financial Advice on Credit CardClick Here
Education Image

Never use credit card to withdraw cash

Saturday, July 15, 2017, 12:45 PM

Just because you can use a credit-card to withdraw cash from ATM does not mean it works like a debit-card. In such a case, there is a flat transaction charge on the amount withdrawn which could range from 2.5-3.5% and also interest applies from the date of withdrawal till you repay the full outstanding, at a rate which goes as high as 40% per-annum.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
Get It now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.