Work out credit card cash advance cost instantly with clear inputs, formula shown and shareable results.
Cash advances carry a fee charged immediately and interest that starts the same day, with no grace period. Annualising fee plus interest over the days borrowed shows an effective cost far above the headline APR for short borrowings.
Cost of an advance
Cost = A×fee% + A×APR×days/365; Effective APR = Cost/A × 365/days
Figures are estimates. Lenders apply their own rounding, fees and eligibility rules, and rates change. This is not financial advice — confirm the numbers with your lender.
Interest-free periods apply to purchases only. Advances accrue from the transaction date.
Indirectly — it raises utilisation, and frequent advances are read by lenders as a sign of cash stress.