What is Cash Advance Fee?
Credit Card Glossary · Updated April 2026
A fee charged when you withdraw cash from your credit card, typically 3-5% of the advance or a $10 minimum (whichever is greater). Cash advances also incur a separate, higher APR (often 25-30%) that starts accruing immediately — no grace period. Convenience checks and certain bill payments also count as cash advances.
Frequently asked questions
What is Cash Advance Fee?⌄
A fee charged when you withdraw cash from your credit card, typically 3-5% of the advance or a $10 minimum (whichever is greater).
What does Cash Advance Fee mean on a credit card?⌄
A fee charged when you withdraw cash from your credit card, typically 3-5% of the advance or a $10 minimum (whichever is greater). Cash advances also incur a separate, higher APR (often 25-30%) that starts accruing immediately — no grace period. Convenience checks and certain bill payments also count as cash advances.
What terms are related to Cash Advance Fee?⌄
Closely related concepts include APR (Annual Percentage Rate). Each of these helps clarify different aspects of the same topic.
Where does Cash Advance Fee apply?⌄
Cash Advance Fee is a fees concept. It typically appears in the context of fees, APR, and how much a card costs to carry.
More fees terms
Full glossary
Browse all 90 credit card terms