Is there a fee for cash advances on my Wells Fargo Credit Card?

Asked 6 months ago
Yes, there is a fee for cash advances on your Wells Fargo Credit Card. When you use your credit card to withdraw cash from an ATM, a fee will be applied. This fee is typically a percentage of the cash advance amount or a minimum fixed fee, whichever is greater. Additionally, interest will begin accruing on the cash advance immediately, and this rate may be higher than the interest rate for purchases. It's important to consider these fees and the associated interest charges when deciding to use your Wells Fargo Credit Card for cash advances. We recommend familiarizing yourself with the specific terms and conditions of your credit card to have a clear understanding of the applicable fees and rates.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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