Chase is using a new and expanded definition of “cash-like transactions,” which for Chase credit card holders refers to purchases that trigger the penalties of taking a cash advance. Cash advance rules can vary by card, but they often include expensive fees and interest while also disqualifying the purchase from earning rewards, such as cash…
The article What to Know About Chase’s New Policy on ‘Cash-Like Transactions’ originally appeared on NerdWallet.
https://www.nerdwallet.com/article/credit-cards/chase-new-policy-cash-like-transactions-what-to-know
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