Shonda-Meaning of Shonda. Tweet. Variant forms inherit the origin and meaning of the name Shonda. See also the related forms, the name Daeshonda, the name Dashonda.
(Learn how and when to remove this template message) A cash advance is a service provided by most credit card and charge card issuers. The service allows cardholders to withdraw cash, either through an ATM or over the counter at a bank or other financial agency, up to a certain limit. For a credit card, this will be the credit limit (or some percentage of it). Cash advances often incur a fee of 3 to 5 percent of the amount being borrowed. When made on a credit card, the interest is often higher than other credit card transactions. The interest compounds daily starting from the day cash is borrowed.
Though this can be helpful, cash advances generally carry a high APR and transaction fees. The average cash advance APR is 24.41%. Aside from the APR, Chase Sapphire Preferred Card cardholders will be charged a cash advance fee of either $10 USD or 25.99%, whichever is greater, if they use the card for a cash advance.