Cons of transferring a credit card to a cash loan

But for all their advantages, the cards also have disadvantages. The biggest one is related to additional costs, best cc shopsuch as service fees, SMS alerts, etc., which must be paid regardless of whether you use a credit card at all or not.

In addition, most cards have a special feature that the grace period applies only to non-cash purchases. And if you didn’t know buy cvv2about it, and withdrew cash, then the Bank will charge you interest from the next day and take a Commission.