What does funding my trading account with a credit card cash advance actually cost me?
Enter Your Cash Advance Terms
Your Result
Fill in the fields on the left and click Calculate to see the total cost.
How this is calculated
Credit card cash advances charge an upfront fee, commonly 3% to 5% of the amount, on top of interest that starts accruing immediately. Unlike a regular purchase, there is no grace period.
Interest here compounds monthly at your entered APR divided by 12, applied for the number of months you expect to carry the balance.
The total cost figure has to be earned back through trading profit before this cash advance breaks even, on top of any commissions, spreads, or losses along the way.
Card terms vary by issuer and can change. Check your actual card agreement for the exact fee and APR before assuming these numbers.
Risk & liability disclaimer: This calculator performs simple compounding-interest arithmetic on the amount, fee, APR, and time period you enter. It does not access your actual credit card account or terms and does not know your card issuer's specific rules. This is not financial or credit advice. Credit card cash advances typically carry higher costs than regular purchases and can add to debt quickly if not repaid. Trading involves risk of loss. Trading Habits is not a broker-dealer, lender, registered investment adviser, or tax professional.
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See how this compares to other ways of funding a trading account before you swipe a card.