A cash advance is taking physical cash out with your credit card at an ATM or bank teller. Making an online purchase (which depositing money into your Kalshi account is) is therefore not a cash advance.
It's not a cash advance. I funded my Kalshi account using a Capital One credit card. Not only was it not classified a cash advance, I got 1.5% back as is standard on this card.
Not necessarily, I mean if you buy a in-game item or currency that wouldn't be a cash advance so with this they could just say you bought $20 worth of credits and since you're buying credits that could be considered a good.
I saw this for the first time in NYC at a dispensary, i’ve never seen a payment terminal charge me $4.75 for an atm transaction fee but it was pretty smooth.
In Australia any sort of gambling payment on a credit card is treated as a cash advance. If you use PayPal on top of your credit card, the credit card company still manages to introspect it and apply a cash advance fee.
But if you somehow have a 100% correct prediction you are now "insider trading" and that is not allowed because all gambling.. ahem, all betting... hmm... All predicting much be "fair" and "random" and definitely not too good.
There are many kinds of "cash advance". You can't buy lottery tickets on a credit card (or in jurisdictions where you can, it's a cash advance). Credit cards also treat things such as buying dollar coins online from the US Mint different from a normal transaction.
