Is cash back at the register the same as a cash advance?
Say if I’m at Walmart or Walgreens or whatever, and I buy something for 5$ and then ask for 20$ cash back on the purchase using my credit card, is that just part of the total charged to my card? Or is it the same thing as a cash advance and I’d then be instantly charged for the cash advance APR?
17 de May, 2010 at 2:51 am
They do not give you cash back on a charge card purchase. That is only offered with your debit card
17 de May, 2010 at 3:46 am
No – it’s not a cash advance.
It’s more like an ATM withdrawl.
17 de May, 2010 at 4:17 am
I was under the impression businesses won’t do cash back on a credit card (I’ve never seen one), only on debit cards which take the money direct from your checking account…. if it’s on a credit card, I would think that it would be “cash advance.”
17 de May, 2010 at 4:30 am
Cash back is added to the total of your bill. HOWEVER, cash back is done on debit cards and not on credit cards. If you have both a debit and credit line on your card, it will be run as debit and you will have to use your PIN. You won’t have the option of cash back on a credit card.
17 de May, 2010 at 4:41 am
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17 de May, 2010 at 5:23 am
now the card are you using is it DEBIT CARD or a CREDIT CARD
if its credit card you cant get cash back on a credit card but if its DEBIT card
and you enter in your PIN code then yes you can get cash back that way
17 de May, 2010 at 6:11 am
Maybe theres no great alternative for you now but there might be shortly. Hope you get what youre looking for.