I’m a little confused as to how cash advances on credit cards work. Several websites state that cash advances acomplia blogs generate interest from day one – so does that mean that I’m going to be charged X% each day until I pay the cash advance off (I’ll be clearing the balance at the end of the month, so wouldn’t normally generate interest). Or do I pay a lump sum when the cash is taken out?
Any clarification would be gratefully accepted!
