What is cash limit in credit card?
The cash limit on a credit card is the maximum amount you can withdraw from an ATM using your credit card. It’s usually a part of your total credit limit like if your total credit limit is ₹1,00,000, your cash limit might be ₹20,000 or ₹30,000. But I’ve learned to avoid using it unless it’s an emergency because the interest charges on cash withdrawals start immediately, and there’s usually a withdrawal fee too. So, while it’s helpful in urgent situations, it’s best not to rely on it often.