How many per year? Are you aware there is no grace-period on the interest for cash advances?
When you take a cash advance on your credit card the interest payment starts accumulating the next day at whatever rate your card specify. When you spend on your credit card normally, you have a grace-period to pay back what you owe without paying interest. Example, you spend $100 and your grace-period is 18 days to pay the bill without incurring interest. With a cash advance you owe interest everyday part of the outstanding balance is not paid.
Therefore, it is important to know if you need that item or you can live in perpetual property when you don’t need to. Only you can help yourself, but we are here to support you.
