There were a whopping 15,750,456 personal credit cards on issue in Australia in February 2023 and 988,553 credit card cash advances made, according to RBA data. But while many people are using their credit cards at the ATM, it's really important to understand the costs of doing so. The fees and interest on an advance will generally be much more than the cost of withdrawing cash from your regular savings or transaction account. Related: Best Credit Cards for Australians Essentially a cash advance is an advance on cash from your credit card account, which is different to withdrawing it from your own deposit account.

https://www.forbes.com/advisor/au/credit-cards/what-is-a-credit-card-cash-advance/

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