Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • AU Bank Credit Card Cash Withdrawal

    Credit card cash withdrawal is also known as cash advance. With the facility, you can withdraw cash up to a limit (assigned by the bank) using your credit card, at the bank counter or an ATM. The amount of cash you can withdraw using your credit card differs from one card to another.

    AU Bank Credit Card Cash Withdrawal Limit

    The credit card cash withdrawal limit will be assigned to you based on the bank's criteria. The bank will look into a lot of factors before they set your credit limit. An add-on credit cardholder will have the same credit limit as the primary cardholder.

    AU Bank Credit Card Cash Advance Fee

    • The credit card cash withdrawal facility can be used at domestic and international ATMs.
    • You will be charged a transaction fee of 2.5% of the amount you have withdrawn, subject to a minimum of Rs.100.
    • This will be billed to you in the next statement.
    • Credit card cash advances also have a finance charge attached to them.
    Type of charge Fee
    Revolving credit charge
    • Altura, Altura Plus - 3.49% per month (41.88% annually)
    • Vetta - 2.99% per month (35.88% annually) Zenith - 1.99% per month (23.88% annually)
    Cash advance fee 2.5% of amount withdrawn, subject to a minimum of Rs.100
    Limit for cash advance
    • Altura, Altura Plus - 40% of the credit limit
    • Vetta - 30% of the credit limit
    • Zenith - 20% of the credit limit
    Cash processing fee NIL

    How to Withdraw Cash Using AU Bank Credit Card

    • Step 1: Go to any ATM.
    • Step 2: Insert your credit card into the machine.
    • Step 3: Choose your preferred language.
    • Step 4: Choose 'Cash Withdrawal’
    • Step 5: Enter the amount you want to withdraw and choose ‘Enter’
    • Step 6: The cash will be dispensed to you.

    Pros And Cons of AU Bank Cash Advance Facility

    Advantages Of Cash Advance:

    • You can use the facility to pay at places where credit card transactions are not allowed.
    • You can withdraw cash in case of emergency.
    • You do not need approval from your bank for withdrawing the cash using your credit card.
    • You do not need any documentation and the process is easy.
    • You can withdraw cash from a domestic or international ATM.

    Disadvantages Of Cash Advance:

    • You have to pay interest from the withdrawal date.
    • You have to pay a fee when you withdraw cash using your credit card.
    • You do not earn reward points when you use your credit card to make cash withdrawals.
    • You do not have any interest-free period.
    • The interest charged is high.

    FAQs on AU Bank Credit Card Cash Withdrawal

    1. Can I withdraw cash with a credit card form any ATM?

      Yes, you are allowed to use your credit card to withdraw money from any bank ATM.

    2. Will the cash advance limit increase when I increase my credit limit of the card?

      Yes, the cash advance limit will increase when the credit limit of your credit card has been increased.

    3. Will the amount that I withdraw reflect in the credit card bill?

      Yes, the withdrawn amount using your credit card will reflect in your statement in the next billing cycle.

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