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While purchases on your credit card come with a grace period (if you pay the balance in full during this time there's no interest charge), cash advances are handled differently. Interest starts accruing on cash advances from the time you take the money out — there often isn't any grace period. So, even if you make your 

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We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. Minimum Interest Charge. If you are charged interest, the charge will be no less than $1.00. For Credit Card Tips from the.