Can you withdraw money from american express credit card

If you own an American Express charge or credit card, you can get cash from an ATM or a bank teller should you need it. But because the cash comes from your line of credit, it comes with hefty fees and interest. This makes it an expensive option, which you should use only in emergencies.

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KNOWLEDGE BASE
Transfer to a U.S. Bank checking or savings account
Write a check to yourself
Get cash at an ATM with the American Express logo
Where can I pull money off of my American Express card?
How much can I withdraw with American Express?

You must first have an American Express card to get an American Express cash advance. Once you have the card, here’s what to do:

Call 800-227-4669 and request a PIN if your card doesn’t have one.
Go to a participating ATM and insert your card.
Enter your PIN and select “Cash Advance” on the menu screen.
Enter the amount you want to withdraw.

Cash advance limits

Some American Express cards have cash advance limits. These are:

American Express® Green Card – $3,000
American Express® Gold Card – $6,000 (Terms apply, see rates & fees).
The Platinum Card® from American Express – $8,000 (Terms apply, see rates & fees).
Centurion® Card from American Express – $10,000

Note that your card’s limits could be different. Look for your card’s cash advance limit on your billing statement.

In addition to taking out an advance at the ATM, Amex counts some purchases as cash advances. These include:

ATM transactions
Gambling
Gift cards

Money orders
Traveler’s checks
Wire transfers

American Express has one of the highest cash advance fees and cash advance APRs on this type of transaction.

For cash advances using your American Express credit card, you’ll pay:

A 5% fee of the amount, but not less than $10.

The average cash advance APR is 26.74% but it could vary between cards. Here’s how much a $500 ATM cash advance would cost:

	ATM withdrawal
Amount	$500
Cash advance fee	$25
ATM fee	$3
30-day cash advance APR	$11 on average, but it depends on your creditworthiness
Total	$539

If cash advances seem expensive to you, there are cheaper alternatives you can consider during financial emergencies. For example, you can get a:

0% purchase intro APR period credit card.
This type of card comes with a promotional interest-free period on other eligible purchases made with your card. Most cards offer between 12 and 15 months of 0% intro APR period, but some cards may offer up to 20 months. This can help you make the purchase and pay it off in the next months without paying interest.
Balance transfer credit card.
Balance transfer credit cards offer a promotional 0% intro APR period of up to 21 months on the debt you move from other cards. If paying your current debt is expensive because of high interest rates, consider a 0% APR balance transfer card.

American Express cash advances are among the most expensive ones. Because of that, it’s best to avoid cash advances or use them sparingly if there’s no other alternative.

Know your options for using a card for cash advances, and compare credit cards with low cash advance fees until you find the right fit for your wallet.

Kliment Dukovski is a cryptocurrency and investments writer who has written over 700 articles to help readers find and compare the best financial options. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange and stock market trading.

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KNOWLEDGE BASE

We make getting a cash advance from your American Express card as convenient as possible. There's a few ways you can do it:

Transfer to a U.S. Bank checking or savings account

If you have a checking or savings account with us, you can transfer money from your American Express card in a few ways:

Call the number on the back of your card, or our general customer service number at 800-285-8585. Any of our representatives can help. We accept relay calls.
Log into online banking and select Transfers. Choose Get a cash advance and follow the steps given.
Or, log into the mobile app and select Pay bills & transfer. Choose Transfer and follow the steps given.

Write a check to yourself

If you've received convenience checks linked to your American Express card, you can write one to yourself. Take it to your bank and deposit or cash it, just as you would for a check someone wrote to you.

Get cash at an ATM with the American Express logo

Use American Express's ATM locator to find the nearest one to you. Simply type http://network.americanexpress.com/en/atm_locator into the address bar on your browser. If you have location services turned on, the site automatically finds the nearest ones to you. From there, you can take a cash advance using your PIN.