Meaning Convenience checks
What does Convenience checks mean? Here you find 2 meanings of the word Convenience checks. You can also add a definition of Convenience checks yourself

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Convenience checks


Convenience checks are checks linked to your credit line that can be used just like checks linked to your checking account. Convenience checks can be made in any amount, as long as it does not surpass your credit limit. They are treated like a cash advance, meaning there is no grace period and interest is charged from the moment the check is used. [..]
Source: creditcards.com

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Convenience checks


Checks which can be drawn against an individual’s available credit line. Convenience checks are typically considered cash advances and hold higher interest rates than standard credit card rates.
Source: comparecards.com




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