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Which situation would result in a credit card issuer charging a cash advance fee
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5 votes
Which situation would result in a credit card issuer charging a cash advance fee

User Buggydroid
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2 Answers

4 votes

Answer:

When a cardholder fails to make a one month minimum payment.

Step-by-step explanation:

Cash advance is fee charged by credit card issuers. It allows you to use your credit card to get a short-term cash loan at a bank or ATM.

So credit card issuers charge a cardholder who failed to make a one month mininum payment.

User Chase R Lewis
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3.4k points
1 vote

Answer:

A cardholder fails to make a minimum payment of one month.

Step-by-step explanation:

The situation of when a cardholder fails to make a minimum payment of one month would result in a credit card issuer charging a cash advance fee.

User Jcragun
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3.3k points
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