RateCity.com.au
powering smart financial decisions
RateCity.com.au
Home Loans
Personal Loans
Car Loans
Credit Cards
Superannuation
Saving Accounts
Term Deposits
Bank Accounts
Knowledge Hub
Calculators
About UsContact Us
  1. Home
  2. Media Room
  3. RateCity cautions credit card users on the real cost of cash advances

RateCity cautions credit card users on the real cost of cash advances

RateCity cautions credit card users on the real cost of cash advances
RateCity-30/05/2011- 1 min read

credit card cash advances cost 0.77% more in interest than advertised. 67% of cards charge a fee for withdrawing money from ATMs. Aussies spent $2.15 BILLION in past 12 months on cash advance interest

Did you find this helpful? Why not share this article?

Advertisement

RateCity

Money Health Newsletter

Subscribe for news, tips and expert opinions to help you make smarter financial decisions

By signing up, you agree to the ratecity.com.au Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy

More nonspecific articles

Refinancing on the rise, as rates stall

Laine Gordon

-

01/11/2016

-

3 min read

Rates tipped to hold at 1.5% on Tuesday

Laine Gordon

-

31/10/2016

-

2 min read

Cash rate holds at 1.5%, yet mortgage stress on the rise

Laine Gordon

-

06/12/2016

-

2 min read

More articles? Read more here

Advertisement

Learn more about nonspecific

Can I get a $1,500 payday loan with bad credit?

Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.

Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.