How much of your credit limit is typically available for cash advances?

for example, If I had good credit, and established a credit card with a 1000 limit, would I be able to get at least half of it in cash advance if needed? (I realize it's unwise to do it, but I need to know the answer to this).|||It depends on the issuer, some cards have cash limits and some allow the entire limit.


I have cards that are both ways. Call the bank and ask|||Usually the limit is much lower if the card is new.


I've noticed that they increase it as the years go by.


My guess - $300 cash advance limit on a $1,000 card.


Also, all credit card companies are different.





Good to know you are aware that the interest rate is usually double - that's why it is such a bad idea.


/|||Read the information they gave you when they sent you the card. There is a good chance different lenders have different policies. Most do usually charge you a higher percentage rate when you borrow cash as opposed to buying merchandise.|||Look on your credit card statement. It can vary between 0% to 100% of your credit limit. All cards and individual accounts are different.|||usually about half. Some cards give a little more, some a little less.





The interest is immediate and extreme.|||every card is different, but I would imagine banks are leaning towards allowing lower amounts - and you have to pay a very high int rate for those - probably 20+% - from day one - no grace period