Guide on Home Credit Card Cash Advance Feature for Cardholders
HOME CREDIT CARD CASH ADVANCE – You can check here the important details about the cash advance feature of the credit card.
Nowadays, not only banks but as well as other lending entities in the country offer a credit card. Truth be told that more and more people are opting to get a credit card after realizing its value and benefits for the cardholders.
If you have a credit card, you have something to turn to in times of need for finances. A lot of credit cards have cash advance features. You may also use your card in making personal purchases, paying for bills, traveling, etc. most especially in cases when your salary failed to make it to the next payday.
Aside from banks, one of the credit card providers in the Philippine is Home Credit, an international consumer finance provider that is popular in the country. Personal purchases, bill payments, subscription fee payments, and a lot more can be paid through the card.
The Home Credit Card is offered to good-paying clients of the lending firm. With regards to making Home Credit Card cash advance, it is allowed but it is only applicable to credit card accounts with an own fund or an excess payment for the bill.
According to the international consumer finance provider, the Home Credit Card cash advance withdrawals can be done in any ATM Visa-accepting ATMs. Any amount in the credit card is withdrawable anytime.
There is a Php 200.00 charge per withdrawal. The cardholder can withdraw several times provided that the fee is charged for every transaction. The ATM withdrawal will be declined once the balance is not enough to cover the amount to be withdrawn and the transaction fee.
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?
Once you received the offer, to apply, there are Home Credit Card requirements that you need to submit for application. Bring the documents to a partner store of Home Credit so you will be assisted by the sales agent in the application.
Once the credit card application has been approved, your card will be delivered to you. You need to go through the Home Credit Card activation process so you can use the card. The Home Credit Card Membership Fee is not charged until the first transaction is made using the credit card.