Cash Advanceis an instant loan from a credit card account or loan account. Interest is charged from the day the advance is taken until the day it is paid off.

Convenience Checks: Convenience checks may be used to pay for products or services at merchants that don't accept credit cards. Convenience checks are cash advances and are available upon request.

It is a cash charged against a credit card. Since the advance is really a loan, interest is charged from the date of the advance.

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