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17 October, 03:31

Which situation would result in a credit card issuer charging a cash advance fee

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Answers (2)
  1. 17 October, 04:21
    0
    When a cardholder fails to make a one month minimum payment.

    Explanation:

    Cash advance is fee charged by credit card issuers. It allows you to use your credit card to get a short-term cash loan at a bank or ATM.

    So credit card issuers charge a cardholder who failed to make a one month mininum payment.
  2. 17 October, 07:22
    0
    A cardholder fails to make a minimum payment of one month.

    Explanation:

    The situation of when a cardholder fails to make a minimum payment of one month would result in a credit card issuer charging a cash advance fee.
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