yes it does, which is why you pay it off ASAP. What most people don't realise however is that a cash advance can have a higher rate of interest, and it will be at the bottom of the order when you pay the minimum amount, and any new purchases on top get paid off first. Its possible to never pay off the cash part of the card amount attracting the high interest each month.
Which is why, when you take out a cash advance, you need to pay off all the card debt in one payment.
|