Credit Card Cash Advance Checks: Convenient But Costly
Date: Nov 10 2012
If you have a credit card, you’ve almost certainly gotten promotional checks in the mail that promise the chance to reward yourself by tapping your card for a pricey gift or a dream vacation.
Who reaps the biggest rewards when you use those checks? You guessed it: Your credit card company.
Cash-advance or convenience checks look just like regular checks. You can generally use them anywhere you could write a check.
But that’s where the similarity ends. When you use a cash-advance check, your…
Credit Card Cash Advance Checks: Convenient But Costly originally appeared on DailyFinance.com on 2012-11-10T06:00:00Z.
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