What is the interest on cash withdrawal from a credit card?

2 min read

Credit card cash withdrawal facility from Bajaj Finserv RBL Bank SuperCard provides the customer with the ease of getting cash from ATMs conveniently.

Whenever a cardholder withdraws cash using a credit card, a cash advance fee is charged, which is in the range of 2.5% of the withdrawn amount. The minimum fee could be an amount between Rs. 300 to Rs. 500.

However, the Bajaj Finserv RBL Bank SuperCard provides the following benefits over other credit cards.

  • Up to 50 days interest-free period on ATM withdrawals, starting from the date of the withdrawal
  • Although credit cards charge high interest rates, Bajaj Finserv’s Credit Card comes with an affordable rate of 3.99% per month after the 50-day period expires
  • Only a one-time Credit Card cash withdrawal fee of 2.5% is applicable as processing charges. This makes availing Bajaj Finserv RBL Bank SuperCard more affordable for users

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