How to Get a Cash Advance From a Visa Card

If you have a credit card, a certain portion of your credit line is typically available for cash advances. You can get these cash advances from any ATM or financial institution that does transactions with your credit card company. To get a cash advance you will usually be charged a fee and a high interest rate that starts the moment you take the money, but if you really need one here is how to do it.

Method One of Three:
Getting a Cash Advance From an ATM
Edit

  1. 1
    Check your latest credit card statement to see how much cash you can withdraw and the terms you will need to agree to when taking out a cash advance.[1]
    • Depending on your card, your cash advance limit may be the same as your total credit limit available or a much smaller amount.
    • When you take out a cash advance you are usually charged a one time fee and a very high interest rate that is higher than your interest rate on basic purchases. If at all possible, it may make more financial sense to avoid taking out cash advances.
  2. 2
    Check your financial records for your personal identification number (otherwise known as your PIN) that was issued with your credit card.
    • You don't need your PIN for everyday credit card transactions--only for making ATM withdrawals against your credit line. In some cases, you may have been allowed to set your own PIN number. If you cannot remember it, call your credit card company to retrieve it or log into your credit card account online to reset you PIN.
  3. 3
    Insert your credit card into any ATM that displays the logo of your credit card. Enter your PIN number when prompted, then select the amount of money you want to withdraw.
    • If the machine prompts you whether to make the withdrawal from checking, savings or credit, select "Credit."
    • Note that some ATM operators may charge a small fee for each transaction. Your credit card issuer might also charge you an extra fee, usually a percentage of the cash advance, for processing the transaction.
    • Protect yourself at the ATM, just as you would while using a debit card. Don't flash the cash or your credit card around, and don't let others see your PIN.
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Method Two of Three:
Getting a Cash Advance From a Credit Union or Bank
Edit

  1. 1
    Check your latest credit card statement to see how much cash you can withdraw and the terms you will need to agree to when taking out a cash advance.
    • Depending on your card, your cash advance limit may be the same as your total credit limit available or a much smaller amount.
    • When you take out a cash advance you are usually charged a one time fee and a very high interest rate that is higher than your interest rate on basic purchases. If at all possible, it may make more financial sense to avoid taking out cash advances.
  2. 2
    Take your credit card to a bank or credit union that displays the logo of your credit card company. Go through the teller line.
    • You don't always have to be a member of the financial institution to conduct this transaction. If the bank or credit union has the logo of your credit card company displayed it means that they do business with your credit card company and they should be able to fulfill your request.
  3. 3
    Present your card and photo identification to the teller. Let them know that you would like a cash advance and how much you would like to withdraw. They will process your card through a cash advance machine and, if the transaction is approved, give you the cash.
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Method Three of Three:
Getting a Cash Advance With a Cash Advance Check
Edit

  1. 1
    Check your latest credit card statement to see how much cash you can withdraw and the terms you will need to agree to when taking out a cash advance.
    • Depending on your card, your cash advance limit may be the same as your total credit limit available or a much smaller amount.
    • When you take out a cash advance you are usually charged a one time fee and a very high interest rate that is higher than your interest rate on basic purchases. If at all possible, it may make more financial sense to avoid taking out cash advances.
  2. 2
    Request cash advance checks from your credit card company. In fact, many times your credit card company will send them to you unsolicited, so you may not even need to request them. These will arrive in the mail and they look very similar to a personal check, with your information, including your account information, on them.
    • If you're sent cash advance checks without asking for them, remember that you are under no obligation to use these checks, but you should always shred or otherwise destroy them. They have your personal and account information on them and could be used to commit identity theft or fraudulent charges on your account.
    • When you request the cash-advance check it might arrive blank and then you will need to fill it out or the card issuer might also ask you to specify the amount of each check and who it should be made out to over the phone.
    • Sometimes credit card companies send cash advance checks that have a low promotional rates that have the same interest rates as your regular credit purchases. Be sure to use these if you really need to take out a cash advance and you have them available.[2]
  3. 3
    Fill out the check. If you want cash, simply make it payable to "cash" and sign it as usual.
    • Cash advance checks can also be used to pay for non-cash transactions, such as paying rent, basically anything you would use a personal check for. The only difference is that these checks are drawing money from your credit line, instead of your checking account.[3]
  4. 4
    Go to your bank or a bank that displays the logo of your credit card company. Give your check to the teller and, if it is approved and the money isn't held for a few days while the check clears, tell the teller what denominations you would like your cash in. The teller will give you the money and you will be all done!
    • Some banks may hold cash advance checks for a short time before they release the funds. If you need your cash quickly, you may want to call the bank or credit union you are planning on going to before hand to see if this will occur.
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Community Q&A

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Add New Question
  • Can a credit card be used at an ATM without a PIN?
    Answered by wikiHow Contributor
    • If it's a credit card, then you should be able to withdraw money for a fee, but this should be avoided. If you have a debit card, you will not be able to withdraw money without a PIN.
    Thanks! 13 5
  • Are there rules to calling a financial institution and getting a cash advance?
    Answered by Donagan, Top Answerer
    • Yes, there are always rules. Call or write the financial institution to find out what theirs are.
    Thanks! 3 0
  • Can I get a cash advance with a debit card?
    Answered by Donagan, Top Answerer
    • No. Your debit card is linked only to your bank account, which is money you already have.
    Thanks! 9 3
  • Can I get a payday loan with a debit card for SSI?
    Answered by Donagan, Top Answerer
    • No. Debit cards are linked to your own bank account, which is money you already have.
    Thanks! 6 2
  • How do I get money from an ATM if I don't have the PIN?
    Answered by wikiHow Contributor
    • You will have to get your PIN by calling your credit card company or resetting it on your account online, as the article says. The PIN is required to withdraw money from an ATM.
    Thanks! 2 0
  • Are there any ATMs that don't charge for withdrawing money from a Visa credit card?
    Answered by wikiHow Contributor
    • This depends on where you live. For example, in Ireland, most ATMs do not charge. However, in general you will get a hefty charge when you withdraw from a credit card.
    Thanks! 8 5
  • Can I get a cash advance from a store if I do not know the card's PIN?
    Answered by Donagan, Top Answerer
    • A cash advance does not come from a store. It comes from a credit card company, and whether or not you need a PIN for a cash advance depends on the card company's rules.
    Thanks! 3 1
  • How can I get a cash advance with no money on account?
    Answered by Donagan, Top Answerer
    • A cash advance is simply a loan from the credit card company. You can get as much money as they are willing to loan you.
    Thanks! 2 8
  • Is buying a money order considered a cash advance?
  • If I use an atm which says free money does that mean I won't be charged a fee? I am with credit union and have a visa card
  • How can I get cash from an ATM with my credit card without a pin?
  • Need small personal loan no job and no credit can it be done today?
  • Can I get cash advance with no pin #?
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TipsEdit

  • If you need emergency cash from your Visa credit line, call 1-800-VISA-911 or one of the global numbers listed at the link from usa.visa.com/personal/cards/benefits/bft_emergency_cash.html.[4] Note that this service is for emergencies only and that the Visa representative may have to negotiate the cash availability with your financial institution.
    1 Helpful?  1
  • Instead of taking out a cash advance through your credit card, try taking out a small personal loan through your bank. The interest rate should be significantly lower![5]
    2 Helpful?  2
Add

WarningsEdit

  • Remember that cash advances are usually subject to much higher interest rates than other credit card transactions; check your credit card agreement or call customer service to check the exact interest rate and any fees associated with a cash advance. In addition, interest starts accruing on cash advances as soon as you take them, so be sure to pay it off as quickly as possible! You do not want to get in over your head and end up with a bunch of credit card debt that you can't pay off![6]
    1 Helpful?  0

About This Article

285 votes - 75%
Co-authors: 9
Updated:
Views: 667,462
Categories: Credit Cards

Reader Success Stories

  • A

    Anonymous

    Sep 14, 2016

    "I was not aware that I can take out cash advance checks from my financial institution using my credit card. Thank you for the excellent info."..." more
  • AG

    April Galjour

    Aug 2, 2017

    "I was not sure where I could cash a convenience check, and this article answered all my questions and then some. Thank you."..." more
  • A

    Anonymous

    Nov 14, 2017

    "I have an SSI debit card with 0 balance & wanted a good faith pay day loan. But it isn't possible. Thanks for the info."..." more
  • Nov 11, 2017

    "It made me understand how and where, and the danger in using cash advance if you don't really really need it."
  • A

    Anonymous

    Jul 3, 2016

    "Just the amount you're welcome to get vs. other credit card companies is nice to know."
  • A

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    May 1, 2017

    "The entire site was helpful in all the areas it covered."
  • KF

    Kay Flannel

    Jul 29, 2017

    "Quick and easy info to understand!"
    Rated this article:
  • V

    Verenice

    Jul 3, 2017

    "Wanted to do a cash advance."
  • A

    Anonymous

    Aug 6, 2016

    "They were all helpful tips."
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