Is this "Cash advance" ?
wk asked:
I am going to use my credit card (Australian card) to buy gold in Malaysia in term of investment. Is it considering cash advance and charge me with high interest rate?
One Response to “Is this "Cash advance" ?”
A cash advance is when you take cash out of your available credit. If you used your credit card just like you did with any other purchases..it's not a cash advance, it's a credit card purchase and you will pay the finance charge for purchases.