My HSBC Visa credit card gives me the comfort of cash advance. I had a certain limit of cash advance from this card of mine and my automatic charge is 3% or 300 pesos or any amount to be set by HSBC. I can advance here (Philippines) or abroad.
Well of course having a cash advance limit is an advantage but I tend not to be tempted by it except on emergency cases. I availed of this once when I’m in urgent need of money because the one I’m expecting got troubled on the way. It did happen and with this kind of offer that is so easy to get just by withdrawing in any accredited ATM I submitted myself. BUT, of course when I got hold of my troubled money I pay the bank right away.
I guess we just have to be careful and responsible in availing this kind of offer because it might be a disadvantage on our part if not.