Look at this!
You draw 10 bucks in cash to catch a movie.
Instantly your credit card company charges you a flat fee of 10 bucks to get 10 bucks.
You just paid 100 percent interest to get that 10 bucks!
You draw 1,000 bucks on your credit card to pay for a motor bike.
Instantly your credit card company charges you a five percent fee to draw the money plus 10 bucks.
Instantly the credit card company begins to charge you interest on the 1,000 bucks.
Instantly they double your interest rate charge on your 1,000 dollar cash advance.
You're really paying 40% interest on your $1000 cash advance!