Best Cash-Advance Credit Cards With Low Fees and Low Rates

Here are 10 cards that won’t overcharge for cash advance fees.

Sometimes, expenses won’t wait until the next paycheck. If you need cash in a hurry, a credit card cash advance can be a good option. Cash advances provide you with immediate cash, and the amount is charged to your credit card. Of course, the credit card company might charge you fees as well, plus interest that begins to accrue from the date of the advance with no grace period. So it’s important to choose a credit card that has the lowest fees and interest rates if you need to get a cash advance.

Ideally, you only want to get a cash advance if you know you can pay the balance off soon. And if you have a balance on your credit card, be sure you understand how your card issuer will apply your payment. Cash advance balances and purchase balances are separate and sometimes have different interest rates. Some card issuers will apply your minimum payment to the balance with the lowest interest rate, which is usually purchases. Any amount above the minimum goes to the higher interest-rate balance, usually cash advances. Be aware that if you only make the minimum payment, you might not be paying off any of your cash advance balance.

Here are 10 credit cards that will charge you the least for a cash advance.

Best Cash Advance Credit Cards With Low Fees and Low Rates
 Credit CardCash Advance FeesBalance Transfer FeeIntro APRAPRHow to Apply
Cap Ed CU logo 2017Visa Platinum Card by CapEd Credit Union$0$04.90% for 12 months7.59% to 17.99%Learn More
Mid-illini CU logo 2016MICU Platinum Visa$0$0N/AFrom 8.99%Learn More
First Tech FCU logo 2017Platinum Rewards Mastercard by First Tech Federal Credit Union$0$00% for 12 months on balance transfers only11.74% to 18.00%Learn More
First Tech FCU logo 2017Choice Rewards World Mastercard by First Tech Federal Credit Union$0$00% for 12 months on balance transfers only11.74% to 18.00%Learn More
PenFedPenFed Promise Visa$0$04.99% for 12 months on balance transfers11.49%-17.99%Learn More
digital federal credit unionDCU Visa Platinum Card$0$0N/A10.50%-18.00%Learn More
AmerIcan CU logo 2017Visa Rewards by American 1 Credit Union$0$0N/A9.49%-18.00%Learn More
Visa Platinum Cash Back Rewards by Stanford Federal Credit Union$0$0N/A10.99%-17.99%Learn More
State Department FCU logo 2017State Department FCU

Visa Platinum

$3 at ATM$0N/A8.99%-16.99%Learn More
PenFedPenFed Pathfinder Rewards Amex5%3%0% for 12 months on balance transfers12.49%-17.99%Learn More

10 Best Cash-Advance Credit Cards

The best cash-advance credit cards generally have no cash advance fee, and none of these cards charge an annual fee. Here’s what you need to know about the 10 best cash-advance credit cards.

Visa Platinum Card by CapEd Federal Credit Union

The CapEd Federal Credit Union Visa Platinum card charges no annual, balance transfer or cash advance fees. Take advantage of the introductory 4.90% APR offer for 12 months, which goes to 7.59% to 17.99% APR when that period ends. You can even earn rewards with this card, one point for each dollar you spend.

Pros

  • 4.90% APR for 12 months
  • Earn one rewards point for each dollar you spend

Cons

  • Interest rate as high as 17.99% APR after the introductory offer
  • Requires credit union membership

Find Out: 10 Things You Should Never Put on a Credit Card

MICU Platinum Visa

No annual fees and no fees for cash advances or balance transfers with this Visa from Mid-Illini. Despite its lack of a special intro APR, this card is among the best low-interest rate credit cards, with a fixed rate as low as 8.99% APR, depending on your credit.

Pros

  • No fees for cash advances, balance transfers
  • Earn one rewards point for every dollar spent

Cons

  • No intro APR offer
  • No sign-up bonus offer

Platinum Rewards MasterCard by First Tech Federal Credit Union

No fees across the board — for cash advances, annual card use or balance transfers for 12 months — plus the ability to earn rewards points makes First Tech Federal Credit Union’s Platinum Rewards MasterCard a winner. You’ll also get one point for every dollar in purchases. Sign up now and earn 10,000 rewards points when you spend $2,000 in the first two months.

Pros

  • Sign-up offer for 10,000 reward points
  • One rewards point for every dollar you spend

Cons

  • Requires credit union membership

Choice Rewards World MasterCard by First Tech Federal Credit Union

You’ll pay 0% APR on your balance transfers for 12 months with this card, plus you’ll skip annual and cash advance fees. You’ll also get two points for every dollar you spend on groceries, gas, electronics and more, and one point for every dollar you spend on everything else. With this rewards MasterCard, however, you’ll earn 20,000 points when you spend $3,000 in your first two months.

Pros

  • 2x points on groceries, gas, electronics and more
  • Sign-up offer for 20,000 reward points

Cons

  • Requires credit union membership

PenFed Promise Visa

This card offers a $100 statement credit when you spend $1,500 in the first 90 days. You’ll pay no annual or cash advance fees on the PenFed Promise Visa card and get 4.99% APR on balance transfers for 12 months.

Pros

  • Sign-up offer for $100 credit
  • Ongoing rate as low as 11.49% APR

Cons

  • 4.99% APR on balance transfers only for 12 months
  • No rewards program

Mastercard vs. Visa: Which Is Better?

DCU Visa Platinum Card

No fees are charged across the board with this card, and you might score an ongoing rate of 10.50% APR if you have excellent credit. On the downside, you won’t be earning rewards with this Visa.

Pros

  • Compatible with Apple Pay
  • Insurance, travel, warranty and car rental benefits

Cons

  • No rewards program
  • No sign-up offer

Visa Rewards by American 1 Credit Union

A rewards program and no annual, cash advance or balance transfer fees put the Visa Rewards by American 1 in the top 10 list for best cash-advance credit cards. You’ll also get luggage reimbursement and 24-hour fraud monitoring.

Pros

  • Rewards program
  • Choose a fixed or variable interest rate

Cons

  • No sign-up offer
  • Up to 18% APR

Check Out: Best Credit Unions Anyone Can Join

Visa Platinum Cash Back Rewards by Stanford Federal Credit Union

You don’t have to worry about foreign transaction fees, annual fees, cash advance fees or balance transfer fees with SFCU’s Visa. Plus, you’ll get an auto rental collision damage waiver, travel accident insurance and fraud text alerts with the card.

Pros

  • 3 percent cash back at all participating Stanford Bookstore locations
  • 1 percent cash back on all purchases

Cons

  • No sign-up offer
  • Interest rate up to 17.99% APR

State Department Federal Credit Union Visa Platinum

This card has no annual fee or balance transfer fee. If you get a cash advance at an ATM, you’ll be charged $3, but if you go into a credit union location and get your advance from a teller, it’s free. You earn Flexpoints Rewards for spending. Every time you spend a dollar, you’ll rack up a Flexpoint.

Pros

  • Free year-end account summary for 100 or more transactions
  • Travel assistance like emergency cash, lost luggage reimbursement and auto rental collision damage waiver.

Cons

  • $3 cash advance fee
  • No sign-up offer

PenFed Pathfinder Rewards Amex

This card has the best rewards program, offering three points per dollar on all travel purchases and four points per dollar on travel purchases if you’re a PenFed Honors Advantage member. Plus, you get 25,000 bonus points if you spend $2,500 on the card in the first three months. There is a 5 percent fee for cash advances, however.

Pros

  • 20,000 bonus points for spending $2,500 in three months
  • Rewards for travelers

Cons

  • 5 percent cash advance fee
  • 3 percent balance transfer fee
  • Interest rate of up to 17.99% APR

Click through to read about the 10 best high-limit credit cards.

More on Credit Cards

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Karen Doyle contributed to the reporting for this article.

Methodology: GOBankingRates identified the cash advance credit cards with low fees and low rates by analyzing annual fees, cash advance fees and balance transfer fees, intro APRs, rewards and sign-up bonuses. All fees and rates are subject to change at the credit card issuers’ discretion. Some bonus offers might no longer be available on the credit card issuers’ websites, depending on how you access the web page.

GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack, Inc., an online marketing company serving top-tier banks, credit unions and other financial services organizations. Some companies mentioned in this article might be clients of ConsumerTrack, Inc., which serves more than 100 national, local and online financial institutions. Rankings and roundups are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by the companies included in the article.