Migros Cumulus Mastercard Free Cash Withdrawals at Migros

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2145

Is it true that I can use my Migros Cumulus credit card to withdraw money at Migros without an extra charge?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Hi there,

Migros Cumulus Mastercard holders can get cash advances at the till in Migros supermarkets and Migros group stores without paying the cash advance fee (3.75% minimum 5 francs) which applies to advances at Swiss ATMs. The size of cash advances may be limited by the availability of cash at stores.

This is an exceptional benefit because other Swiss credit cards charge a high cash advance fee for every cash advance (even at the till or ATMs of the issuing bank). Credit cards provided by some Swiss banks let you make cash withdrawals by linking your credit card to your private account, but they do not let you get cash advances.

Best regards from Moneyguru

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