From Credit Card Cool - Credit Card Cash Problem
Credit cards do offer a wide range of useful features. However, one complaint that often crops up is the cost of withdrawing cash.
It seems that many credit card companies see cash withdrawals as an easy meal ticket. I suppose they’ve got to make their money somewhere but the fees and interest on cash withdrawals is gradually becoming a problem.
Here’s why:
1. Card issuers begin charging you interest as soon as you withdraw the cash.
2. In contrast, many cards …
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