Anyone else get news of something like this recently?

USAA is now charging the same APR on cash advances as they do regular purchases.

11/2/2006 4:24:27 PM

No but I just saved a bunch of money on my car insurance.

11/2/2006 4:27:31 PM

11/2/2006 4:28:58 PM

Now you can use your credit card to finance your drug habit!

11/2/2006 4:37:41 PM

nothing new, i don't think. CC companies can charge whatever they want on their cash advances.
I often get 0% cash advance APR for 1 year offers. With savings and CD interest rates relatively high right now, I've gotten a couple of those cards, withdrawn cash to near the credit limit (with 3% withdraw fee), and opened a 12-month CD at 5.25% with the cash. Then make about double the monthly minimum every month, and at the end of the year when the CD matures, pay the CC balance in full and have a nice little payday.

11/2/2006 4:43:49 PM

sweet now america's credit card debt of over $1 trillion will just grow some more

11/2/2006 4:45:34 PM