Help & support
A cash advance is when you use your credit card to access cash rather than goods and services.
Transactions that are considered a cash advance include:
Each time you make a cash advance transaction using your credit card you’ll be charged a fee. The fee charged is $4.00 or 3.00% of the transaction amount - up to a maximum of $300, whichever is greater (or $4.00 will be charged if your closing balance was in credit the previous business day).
As well as the fee, you'll also be charged interest on your cash advances (interest is calculated per day and is payable each month). Note that there is no interest-free period with cash advances.
Before considering a cash advance you should look at more cost-effective options available to you. Here are some ways to manage and control your credit card.
Cash advances are blocked on and CommBank Neo credit cards, exceptions apply1.
Please refer to the Credit Card Conditions of Use
1 For CommBank Neo cards, cash advances will be blocked. Exceptions apply, as we are unable to block cash advance transactions that are not sent to us for authorisation and these will attract interest from the date the transaction is made, until it is repaid. For CommBank Neo, these will not incur any additional fees or interest charges.