Cash Advance

(redirected from Cash Advances)
Also found in: Dictionary, Thesaurus.

Cash Advance

Cash one receives from one's credit card account, especially from an ATM. A cash advance usually carries a high interest rate, in part because credit cards have high interest rates anyway, and in part because the interest on a cash advance often begins to accrue immediately.
References in periodicals archive ?
Merchant cash advances, which enable small businesses to secure capital in exchange for a percentage of their future credit card receivables, have become a fast-growing industry during the last year as banks and credit card issuers refuse to finance creditworthy businesses in today's lending environment.
The company is licensed and/or registered to offer its cash advances service in the states of Mississippi, Wisconsin, South Dakota, Missouri, and Utah.
Program Helps Customers Sell Goods on eBay Hassle-Free, at Participating Approved Cash Advance Offices
Traditional credit cards offer less favorable terms for cash advances than they offer for purchases -- even if those cash advances occur within a casino.
Through its new technology, FastUpFront provides businesses a new option for cash advances, which are an essential financial lifeline for many small to medium sized companies.
ATLANTA, March 7 /PRNewswire/ -- Residents from Georgia border towns like Toccoa, Augusta, Savannah, Waycross, Valdosta, Bainbridge, Columbus, LaGrange, Carrollton, Rome, Dalton and others are crossing state lines to acquire legal, short-term cash advances.
First Credit Card to Treat Casino Cash Advances as Entertainment Purchases, not as Loans, at More Favorable Terms than Typically Available
Casinos have told us that patrons prefer using the Arriva Card for cash advances because the terms are so much more favorable than other credit cards'," said Todd Smith, VP for Card Services at Global Cash Access, Inc.
Offers a true grace period on cash advances - it does not begin charging interest immediately after the transaction.
GCA's products and services provide gaming establishment patrons access to cash through a variety of methods, including ATM cash withdrawals, point-of- sale debit card transactions, credit card cash advances, check verification and warranty services and Western Union money transfers.
By contrast, if cash advances were legal under HB 163, the $244 cash advance would carry a one-time fee of $36.
We know that in-casino cash advances are entertainment purchases, like that of a theater ticket, fine dining experience or hotel room, and not desperation loans, like other cash advances often are.