Details about the Home Credit Card Cash Advance Feature
HOME CREDIT CARD CASH ADVANCE – Here is a guide for the cardholders on the possibility of making a cash advance from the card.
Are you one of the Home Credit clients who received a credit card offer from the international consumer finance provider? Or you are one of those who aspire to receive an offer in the near future.
Whether you already received an offer or you are aspiring to receive one, you might be interested to know its features, specifically the possibility of making a cash advance, so you landed here.
The Home Credit Card credit limit may vary but the provider can allow as much as a Php 60,000 credit limit. The question is, can you make a cash advance like what is allowed in some credit cards provided by banks?
Yes, Home Credit Card allows cash advance but it is only applicable to cardholders with own fund or over-payment in their cards. If your credit card has a fund, you can make cash withdrawals in any ATM that accepts Visa card.
With regards to the amount allowed for withdrawal, any amount on the fund or an over-payment to the billing statement is withdrawable. Your ATM transaction may be declined if your fund is not enough compared to the amount you want to withdraw.
Is there a fee in making a cash advance from your Home Credit Card? Yes, there is a fee of Php 200.00 per transaction. The fee is fixed regardless of the amount. There is no limit as to how many times you can withdraw from your fund but the fee applies in every transaction.
Aside from the cash advance feature of the credit card offer, the international consumer finance provider also made sure that the cardholder is protected through the differnt insurance coverage.
