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.
Before you take out a cash advance on your credit card, itâs important to understand the fees and risks involved, as well as the benefits. A credit card cash advance is a withdrawal of cash from your credit card account. Essentially, youâre 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 withdraw. Hereâs what you need to know.