My credit card doesn’t allow cash advance facility. How is that possible?

Personal Finance

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I have heard that one mustn’t withdraw cash or make use of the cash advance facility of credit cards until absolutely necessary?

Can I avail of interest-free grace period on my credit card’s cash advance?

What is the usual cash advance limit granted to credit card holders?

Can I use my credit card to withdraw cash multiple times in a day?

Is cash advance facility of a credit card free of cost?

I have just taken a new credit card and the bank has given me details about my credit and cash limit. These details will remain constant right?

What’s the maximum number of times that I can transfer my credit card balance?

What happens if I use my card for an amount that is beyond the credit/debit card’s limit?

I have a credit card and I pay just the minimum balance which ends up being very cheap. Why is it then that everyone says one mustn’t pay minimum balance?

What is a credit card’s cash advance facility?

 

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