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Can I use plastic money for cash withdrawals?

Curious about Plastic Money

Can I use plastic money for cash withdrawals?

Yes, you can use plastic money for cash withdrawals. Both debit cards and credit cards allow users to withdraw cash from ATMs (Automated Teller Machines) or over the counter at banks and financial institutions. However, it is important to note that cash withdrawals using a credit card are considered as a cash advance, and usually attract higher fees and interest rates compared to regular transactions. Additionally, cash withdrawals using a credit card do not have a grace period and interest is charged from the date of withdrawal.

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