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GLOSSARY TERMS by Alpha # | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Cash advance APRThe interest rate charged for cash advances is generally much higher than the interest rate for purchases and balance transfers. This is, in part, because the credit card company assumes a higher risk in this type of lending. Also, there is usually no grace period for cash advances so you'll start incurring interest charges immediately. Check the terms and conditions of your credit card agreement to find out the Cash advance APR on your credit card.
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