18 year old cash advance from credit card?

Credit on February 14th, 2011 3 Comments
carguy9061 asked:

i am 18 years old have a job and would like to take a cash advance out on my bank of America card
i do not owe anything on the card what would be the amount i can take out like 1000 maybe??

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3 Responses to “18 year old cash advance from credit card?”

  1. bdancer222 says:
    February 16, 2011 at 5:12 am

    You can go to the bank and ask for a cash advance. Be aware that your available cash advance is less than your card limit. That limit is for purchases. You will also be charged a cash advance fee of 3% to 5%. Interest rate for cash advances is also much higher than the rate for purchases and the interest starts accruing immediately.

    Bascially, cash advances are pretty expensive.

  2. Akhii says:
    February 16, 2011 at 11:11 pm

    That could be possible, of course the bank will look over your record make sure you paid your debts if you had any but other then that you are good to go.
    Also i suggest you take out a smaller amount, 1000 is a lot to take out at a single time.

  3. Jennifer says:
    February 19, 2011 at 5:21 pm

    Hi,
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