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Those with a high credit score and a strong financial history may be eligible for a lower interest rate, while those with a lower credit score or a less-than-stellar financial history may be charged a higher rate. Overall, cash advances on credit cards can be a convenient way to access cash in a pinch, but they also come with high costs and potential risks. Credit card cash advances typically have a higher interest rate than regular credit card purchases, but they are still typically lower than the or interest rates on payday loans.