0% APR on cash advance...does it exist?

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
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kroberts25
 
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0% APR on cash advance...does it exist?

Postby kroberts25 » Mon Nov 14, 2016 10:23 pm

Does anyone know of any credit card(s) that offer 0% APR on cash advances for an introductory period?

How about anything with a low APR on cash advances?

Thanks!


Tubpbs
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Re: 0% APR on cash advance...does it exist?

Postby Tubpbs » Tue Nov 15, 2016 6:18 pm

kroberts25 wrote:Does anyone know of any credit card(s) that offer 0% APR on cash advances for an introductory period?

How about anything with a low APR on cash advances?

Thanks!


Line of credit will offer a low APR.
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It

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kcm7
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Re: 0% APR on cash advance...does it exist?

Postby kcm7 » Wed Nov 16, 2016 9:36 am

I really don't think this exists on any card.

I agree with tubpbs that getting a personal line of credit would be something to look into. Or perhaps a peer loan.
Cards:

-Capital One Quicksilver
-Barclaycard Arrival (no AF)
- US Bank (no rewards)
-IHG

augiedog
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Re: 0% APR on cash advance...does it exist?

Postby augiedog » Wed Nov 16, 2016 2:59 pm

The Barclay Ring offers 8.25% APR and $3 fee on cash advances. This is the best offer possible for cash advances.

However, cash advances aren't the best use of your credit card, and a balance transfer typically has much more favorable terms. (Citi seems to be the most likely to keep issuing BT checks in my experience)
American Express: Blue Cash Everyday (10k), Everyday, ; Discover It (7.3k) ; Target (2.1k)

Citi: Diamond (2k) ; Bank of America: Cash Rewards (2.6k) ; Capital One: Quicksilver (3k) , Sony ; Chase: Freedom (3.7k), Slate (3k), (Amazon) ; Barclay Ring ; Synchrony: Walmart MC, Amazon, Ebates

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Vattené
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Re: 0% APR on cash advance...does it exist?

Postby Vattené » Wed Nov 23, 2016 2:52 pm

Yeah credit cards are not a good tool for getting cash. If you need a lot of cash you're best bet is withdrawing from your bank account beforehand if that is an option for you.

If you just need a little cash every once in a while, Discover lets you get cash over a purchase at certain places (I've done it before at Walmart; I think some gas stations offer it). I don't regularly carry much cash, so it's a nice option on the rare occasion I need it. It's not treated as a cash advance - the amount of cash you get is just added to your purchase - so you can avoid any fees. The catch is you have to purchase something and you're not going to be able to get hundreds of dollars. I don't know what the limits are, and it may vary by merchant, but it's not for getting large sums of cash.
-Vattené
FICO-8: EX - 827 (5/17) | TU - 824 (5/17)
My Cards: Barclay Arrival+ | Discover it | Amex ED
AU:: Discover Miles | BofA BBR | Barclay Commence (SD'd)



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