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Credit Card Cash Withdrawal Charges of Different Banks

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LEARN ABOUT CREDIT CARD CASH WITHDRAWAL CHARGES

There are many individuals who withdraw cash using their credit card in case of an emergency. It is good to have some cash in an emergency but frequent withdrawals from your credit card might become a trap for you. It includes certain charges that can create a credit card bill burden on the cardholder. So, here you can see the credit card cash withdrawal charges of different credit cards issued by different banks. Usually, the percentage of cash withdrawal charges can be 2.5% to 3.5% subject to a minimum of ₹300 to ₹500. So, you must explore the withdrawal charges and cash advance charges of different banks charges on your credit cards.

Cash Withdrawal Charges of Different Banks

Here is the list of multiple banks that gives you great offers and discounts on their credit cards but when you make a cash withdrawal, they charge some fees on it.

Credit CardsCharges
SBI Credit Card2.5% of the Withdrawal with a minimum of ₹300
HDFC Credit Card2.5% of the Withdrawal with a minimum of ₹500
ICICI Credit Card2.5% of the Withdrawal with a minimum of ₹300
Axis Bank Credit Card2.5% of the Withdrawal with a minimum of ₹250
Citibank Credit Card2.5% of the Withdrawal with a minimum of ₹500
RBL Credit Card2.5% of the Withdrawal with a minimum of ₹500
Kotak Mahindra Credit Card2.5% of the Withdrawal with a minimum of ₹300
Standard Chartered Credit Card3% of the Withdrawal with a minimum of ₹300
Yes Bank Credit Card2.5% of the Withdrawal with a minimum of ₹300
American Express Credit Card3.5% of the Withdrawal with a minimum of ₹250
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Cash Withdrawal Fees of SBI Credit Card

  • 2.5% of the Cash Withdrawal.
  • Minimum charges will be ₹300.
  • The interest rate on cash withdrawal will be up to 3.35% per month.
  • The interest rate on cash withdrawal will be up to 40.2% per annum.

Charges of Cash Withdrawal of HDFC Credit Card

  • 2.5% of the withdrawal subject to a minimum of ₹500.
  • 1.99% to 3.5% per month interest will be charged on the cash advance.
  • 23.88% to 42% per annum interest will be charged on the cash advance.

Cash Withdrawal Charges of ICICI Credit Card

  • 2.5% of the Cash Withdrawal and it will be a minimum of ₹300.
  • The interest rate will be 2.49% to 3.5% per month on the cash withdrawals.
  • The interest rate will be 29.88% to 42% per annum on the cash withdrawals.

Fees for Cash Withdrawal of Axis Bank Credit Card

  • 2.5% of the Cash Withdrawal will be charged.
  • ₹250 will be the minimum credit card cash withdrawal charges.
  • 2.95% to 3.5% will be the rate of interest charged on cash withdrawals per month.
  • 35.4% to 42% will be the rate of interest charged on cash withdrawals per annum.

Cash Withdrawal Fees of Citibank Credit Card

  • The bank will charge 2.5% of the Cash Withdrawal subject to a minimum of ₹500.
  • 3.1% to 3.5% per month will be the rate of interest on cash withdrawal.
  • 37.2% to 42% per annum will be the rate of interest on cash withdrawal.

Charges of Cash Advance of RBL Bank Credit Card

  • 2.5% of the Cash Amount subject to a minimum of ₹500.
  • The rate of interest on cash withdrawal will be up to 3.99% per month.
  • The rate of interest on cash withdrawal will be up to 47.88% per annum.
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Cash Advance Fees of Kotak Bank Credit Card

  • 2.5% of the Cash Withdrawal with a minimum charge of ₹300.
  • 2.49% to 3.5% per month will be the rate of interest on cash withdrawal.
  • 29.88% to 42% per annum will be the rate of interest on the cash withdrawal.

Cash Advance Charges of Standard Chartered Credit Card

  • 3% of the Cash Withdrawal or a minimum charge of ₹300 will be the cash advance charges.
  • The rates of interest on cash withdrawal will be 3% per month.
  • The rates of interest on cash withdrawal will be 36% per annum.

Fees for Cash Withdrawal of Yes Bank Credit Card

  • 2.5% of the Cash Withdrawal and a minimum of ₹300.
  • The interest rate on the cash advance will be up to 3% per month.
  • The interest rate on the cash advance will be up to 36% per annum.

Cash Withdrawal Charges of American Express Credit Card

  • 3.5% of the amount subject to a minimum of ₹250.
  • No Interest Rate will be applicable to the cash withdrawals.

Conclusion

Well, you have seen Credit Card Cash Withdrawal Charges of different banks so you must make cash withdrawals carefully. On the other hand, you must avoid making too many cash withdrawals from your credit cards as it might create a huge debt of your credit card bills. Make sure that you withdraw cash from the ATMs only in case of an emergency.

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