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Sw1
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Credit Card Cash Advance in Singapore

Posted by Sw1 Sw1
Message 1 of 3 1,093 Views

Am I correct that I can only get cash from my account using credit card cash advance option while in Singapore? If so will I be charged interest plus the fee to withdraw or just the fee?

 

thank you!

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Sw1
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Re: Credit Card Cash Advance in Singapore

Posted by Sw1 Sw1
Message 2 of 3 1,092 Views

I should add that my card is a debit MasterCard linked to my offset account.

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Re: Credit Card Cash Advance in Singapore

Posted by DanaeC DanaeC
Message 3 of 3 1,066 Views

Hi @Sw1, thanks for reaching out.

You won't be charged Cash Advance Fees or Cash Advance Interest from a Debit Mastercard - it's just that you need to select the "Credit" option on your Debit Mastercard overseas, as "Cheque" and "Savings" don't work internationally.

As the funds on a Debit Mastercard are your own, there is no Cash Advance and therefore no fees or interest accrued.

This link to a previous Forum post outlining the fees and charges applied for overseas transactions may help further.

Thanks!

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