What does credit mean from the bank statement? - QuoraWhat does credit mean from the bank statement? - QuoraWhat is a Cash Advance on a Credit Card?What Is a Credit Card Cash Advance? - NerdWalletA credit card cash advance is a withdrawal of cash from your credit card account. Essentially, you’re borrowing against your credit card to put cash in your pocket. However, there are costs to taking a credit card cash advance and, in some cases, limits on the amount you can ;· What Is a Credit Card Cash Advance? A cash advance is like a loan from your credit card company. Normally, you use your credit card limit to charge purchases to your account. A cash advance lets you access a portion of that same line of credit to withdraw cash instead. If it helps, you can think of a cash advance like using your card to purchase ;· A cash advance on your credit card is an amount of cash borrowed against your credit limit. It's like withdrawing money from the ATM with your debit card, except the cash comes from your credit limit rather than your bank account ;· A cash advance allows you to use your credit card to get a short-term cash loan at a bank or ATM. Unlike a cash withdrawal from a bank account, a cash advance has to be paid back — just Cash Advance Fee Your credit card issuer isn't really doing you any favors by letting you take out a cash advance, which can be done via ATM or through convenience checks your card issuer sends in the mail. They'll make money off the transaction, by charging a cash advance fee each time you take out a cash advance against your credit limit. That's on top of interest charged starting from the day you …On your Account Summary mini-statement, the transaction will appear as 'Standing order' or 'Direct debit'. On your full statement, only the retailers name is displayed for a Direct Debit. On your full statement, more information is shown for a standing order CLEANING, FP 26/06/14 30, ;· I was checking my online balance today and came across an entry on my statement that I've never seen before. I rang my bank and they can't tell me what it is yet either as it's a pending transaction. All it says is "Prize Payment 3" as the entry and it's a BACS transfer for exactly £ may have written my post incorrectly. I am comfortable with the mechanics of moving money and managing accounts ( obviously her card would be an authorized user on my account, and it is trivial to set spend limits and turn off cash advance features) I was more curious what SBs would think about it, and if they have any thing to remember about a bank statement is it is an accounting of your account from the point of view of the BANK. So, if you put money into the bank, you get a CREDIT on your account, which also posts as a credit to their LIABILITY accounts,

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