With most VISA/MasterCard credit cards you can simply go to the ATM of your issuing bank and withdraw cash, but how to get cash from an American Express Card? American Express doesn't have any ATM's in India
To solve this, American Express has tied up with
IDBI Bank and
HDFC Bank to provide their cash advance facility. You can visit any of their ATM's and use your American Express card
Charges for Cash Advance :
Fixed Charges |
3.5% of Cash Amount |
Interest |
Applicable as per Card APR. |
Tax |
GST applicable @ 18% on Fixed Charges + Interest |
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