Credit One Cash Advance ATM locations are limited, and the company does not publish a searchable directory
Credit One Bank does not operate its own ATM network. If you hold a Credit One credit card and want to use it for a cash advance, you cannot find a dedicated Credit One ATM — instead, you use any ATM that accepts Visa or Mastercard (depending on which card you have), and the transaction is processed as a cash advance through that network.
The catch is that cash advances on credit cards cost money. You pay an upfront fee — usually 3% to 5% of the amount you withdraw — plus interest that starts accruing when ready, often at a higher rate than your regular purchase APR. This means a $100 cash advance can cost $3 to $5 just to get the cash, before any interest charges.
If you need cash and have a Credit One card, your actual options are: use any Visa or Mastercard ATM (your card's network determines which), pay the fee and interest, or look for a free alternative like a debit card, bank account, or credit union.
Key Takeaways
- Credit One does not run its own ATMs; you use any ATM branded for Visa or Mastercard depending on your card type.
- Cash advances on Credit One cards charge an upfront fee (typically 3% to 5% of the withdrawal) plus interest starting when ready.
- Interest rates on cash advances are usually higher than rates on regular purchases, sometimes 5% to 10% above your card's standard APR.
- If you need cash regularly, a debit card or bank account withdrawal is almost always cheaper than a credit card cash advance.
How cash advances work on a Credit One card
When you insert your Credit One Visa or Mastercard into an ATM and withdraw cash, the transaction is flagged as a cash advance, not a regular purchase. Your card issuer (Credit One Bank) charges you a fee for this service, and interest begins accruing on the withdrawn amount the same day — there is no grace period like there is for purchases.
The fee structure varies by card and is listed in your cardholder agreement. Most Credit One cards charge a cash advance fee of 3% to 5% of the amount withdrawn, with a minimum fee (often $2 to $5). So if you withdraw $200, you might pay $6 to $10 just for the withdrawal, before interest.
Interest on cash advances is calculated daily and added to your balance. Because there is no grace period, interest starts the moment you withdraw the cash. If your card's cash advance APR is 25% and you withdraw $200, you are paying roughly $0.14 per day in interest (before the fee is factored in).
Which ATMs accept Credit One cards
Your Credit One card is branded as either Visa or Mastercard. Any ATM that displays the Visa or Mastercard logo will accept your card. This includes ATMs at banks, credit unions, grocery stores, convenience stores, and standalone ATM networks.
The largest ATM networks in the United States are Allpoint (found in convenience stores and pharmacies), MoneyPass (grocery stores and retailers), and Surcharge-Free Network (credit unions). Your card will work at any of these, but you will still pay the cash advance fee and interest charged by Credit One.
Some banks and credit unions offer surcharge-free ATM access to customers of other institutions through reciprocal agreements. If you have a checking account at a bank or credit union, you may be able to withdraw cash for free there instead of using your credit card.
Why cash advances are expensive compared to other ways to get cash
A cash advance is one of the most costly ways to borrow money on a credit card. The combination of an upfront fee and a high interest rate makes it much more expensive than a regular purchase or a personal loan.
Consider this example: You need $300 in cash. Using a Credit One cash advance with a 4% fee and 26% APR costs you $12 upfront, plus roughly $2 in interest if you pay it back in one month. A personal loan from a credit union or online lender might charge 12% to 18% APR with no upfront fee, making it cheaper even though the interest rate looks higher. A debit card withdrawal from your own bank account costs nothing.
Cash advances also hurt your credit utilization ratio — the amount of available credit you are using — because the withdrawn amount counts against your credit limit. This can lower your credit score temporarily, even if you pay the balance back quickly.
Alternatives to cash advances if you need money
Before you use a credit card cash advance, consider these cheaper options:
- Debit card or bank account withdrawal: If you have a checking or savings account, withdraw cash from your bank's ATM or a teller. This costs nothing and does not affect your credit.
- Credit union cash advance: If you are a member of a credit union, you can often borrow small amounts at much lower rates than a credit card cash advance.
- Personal loan: Online lenders and banks offer personal loans with fixed rates and repayment schedules. Rates vary, but many are lower than credit card cash advance rates.
- Employer advance: Some employers offer paycheck advances or emergency loans to employees at no cost or low cost.
- Payment plan with a creditor: If you owe a bill and cannot pay it in full, contact the creditor and ask about a payment plan instead of borrowing.
What to do if you have already taken a cash advance
If you have already withdrawn cash using your Credit One card, the fee has been charged and interest is accruing. Your best move is to pay back the cash advance as soon as you can, because the interest rate is high and there is no grace period.
When you make a payment to your Credit One card, the payment is typically applied first to your highest-interest balance. Cash advances usually carry the highest rate, so your payment should go toward the cash advance first. Check your statement or call Credit One to confirm how payments are being applied.
If you cannot pay the full amount back when ready, at least pay more than the minimum payment. The minimum payment covers only a small portion of the interest, so paying only the minimum will keep you in debt much longer and cost you significantly more in interest.
Understanding Credit One's card terms and fees
Credit One Bank issues credit cards designed for people rebuilding credit or with limited credit history. These cards typically come with higher interest rates and fees than cards for people with good credit. Cash advances on Credit One cards follow the same rules as any other credit card, but the underlying APR may be higher.
Your specific cash advance fee and APR are listed in your cardholder agreement, which you received when you opened the account. You can also log into your online account or call Credit One's customer service to ask about your card's cash advance terms. The phone number is usually on the back of your card.
If you are considering opening a Credit One card or already have one, read the fee schedule carefully. Some Credit One cards charge annual fees, foreign transaction fees, and other charges in addition to the cash advance fee. These add up quickly if you use the card frequently.
Frequently Asked Questions
Can I use my Credit One card at any ATM?
Your Credit One card works at any ATM that accepts Visa or Mastercard (whichever your card is branded as). However, using it at an ATM triggers a cash advance, which costs a fee and interest. Using your card at a store to get cash back during a purchase is usually cheaper, though it still counts as a cash advance.
What is the difference between a cash advance fee and the interest rate?
The cash advance fee is a one-time charge (usually 3% to 5%) taken when you withdraw the cash. Interest is a daily charge on the balance, calculated as a percentage of the amount owed. Both explore to cash advances, making them expensive.
Does a cash advance hurt my credit score?
A cash advance itself does not appear on your credit report, but it increases your credit utilization ratio (the amount of your credit limit you are using), which can lower your score temporarily. Paying it back quickly will restore your score.
Is there a limit to how much I can withdraw as a cash advance?
Yes. Your Credit One card has a cash advance limit, which may be lower than your overall credit limit. Check your cardholder agreement or log into your account to see your limit. You can also call Credit One to ask.
What happens if I only pay the minimum payment on a cash advance?
The minimum payment covers mostly interest, not principal. You will pay far more in total interest and take much longer to pay off the balance. Paying more than the minimum is strongly recommended.