Each First Farmers & Merchants Bank branch has a cash advance terminal that allows you to advance funds from your credit card for cash or to be deposited to your account. First Farmers & Merchants Bank does not charge for cash advances, however your credit card provider may charge additional fees. Read the information below before deciding to make a cash advance.

What factors should I consider before using a credit card cash advance?

One thing to keep in mind when considering a credit card advance is that they often have higher APR's than purchases made with your credit card. They also typically have transaction fees. So before making a withdrawal, it’s a good idea to consult your credit card agreement to make sure you know any rules and fees.

•  Transaction fee: What is the transaction fee for credit card cash advances
  
•  Annual Percentage Rate (APR): The APR that is charged for cash advances versus other credit card purchases may vary.