In the present, credit cards are also often used as a provider of cash for owners such as Citi card. This advantage is already present in many credit cards. You can withdraw cash money through Automated Teller Machine from credit card.
This advantage is also often echoed by credit card agencies to attract the interest of many people. However, you should not be lulled by this convenience because there is a cost behind the cash withdrawal. This is what you should ask a bank issuing a credit card, which is about the amount of costs that may arise when you withdraw cash in the automated teller machine.
The average bank charges 5 percent of the nominal cash withdrawals taken through an automated teller machine. But to be surer, you should ask this directly to the credit card issuing bank. Because it could be, the bank is applying different rules. Also ask about the withdrawal limit and the limit of cash withdrawal fees charged to the credit card owner. Both limits are usually calculated based on the card limit you have.
Access credit cards that can be used anywhere, even to the foreign country, the value added credit card. However, not all credit cards can be used overseas. The more bonafide the issuing bank you choose, usually access the area where the credit card can be used will be wider. Credit cards can make it easier for you to make transactions abroad without having to exchange cash with the currency used there. Therefore, it is also important to ask the bank that if one day you go abroad, your transaction using a credit card is not constrained and cause disappointment.