Credit card cash limit is the maximum cash you can withdraw using your credit card from the bank's ATM. A credit card user can withdraw cash within the limit set by the bank, and has to repay the amount at a later date, along with interest and other charges.
Credit card cash limit differs from credit card limit, as the latter is the maximum amount that you can spend by using your credit card, while cash limit is the maximum cash you can withdraw using your credit card.
Most credit card issuers offer anywhere between 20% to 40% of the total credit limit as cash limit. That is, if you have a credit limit of Rs. 1 lakh on your credit card, you can withdraw anywhere between Rs. 20,000 to Rs. 40,000 using the card. The cash limit varies from bank to bank, and from customer to customer.
The card issuers can also revise (raise or decrease) the cash limit based on your spending pattern and repayment behaviour, among other parameters.
Bajaj Finserv RBL Bank SuperCard