A cash advance fee is a charge you must pay when you withdraw cash from your credit card account or make a purchase with your credit card. It is important to understand the cost of such a fee as well as tips for minimizing or avoiding it. When considering a cash advance fee, remember it is a percentage of the amount you borrow plus a transaction fee, and it is usually higher than the fee you would incur for making an ordinary purchase. To minimize or avoid a cash advance fee, opt for alternatives such as using your debit card for cash withdrawals or taking out a small loan from your bank. You can also use a Forex card to save on cash advance fees in international markets. For greater savings, look for reward programs or credit cards that offer no cash advance fees.