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Credit Card Cash Advance Cost Calculator

Work out credit card cash advance cost instantly with clear inputs, formula shown and shareable results.

About Credit Card Cash Advance Cost Calculator

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.

Formula

Cost of an advance

Cost = A×fee% + A×APR×days/365; Effective APR = Cost/A × 365/days

Worked example

With the default values below, Credit Card Cash Advance Cost Calculator returns Total Cost Of The Advance of $1,785.62. Change any input above and every figure here is recalculated in your browser.

Inputs used

Cash Advance Amountminimum 0
30,000
Cash Advance Feeaccepts 0–10 %
2.5 %
Cash Advance APRaccepts 0–100 %
42 %
Days Until Repaidaccepts 1–365
30

Results

Total Cost Of The Advance
$1,785.62
Cash Advance Fee
$750.00
Interest Charged
$1,035.62
Effective Annualised Cost
72.42%

Step by step

  1. 1Values used
  2. 2Cost of an advance
  3. 3Total Cost Of The Advance= 1,785.62
  4. 4Cash Advance Fee= 750.00
  5. 5Interest Charged= 1,035.62
  6. 6Effective Annualised Cost= 72.42

Assumptions and limits

  • The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax or compounding frequency into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
  • 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.
  • This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

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.

Frequently Asked Questions

Why is there no grace period?

Interest-free periods apply to purchases only. Advances accrue from the transaction date.

Does a cash advance affect the credit score?

Indirectly — it raises utilisation, and frequent advances are read by lenders as a sign of cash stress.

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