How to withdraw cash with a credit card?

There are many correct ways to withdraw money from a credit card, such as ATM withdrawal, bank counter withdrawal, transferring credit card limit to bank card through mobile banking, online banking, etc. These methods will not cause risk control and are also the correct cash withdrawal methods for credit cards.

In addition to the above methods, credit cards also have indirect cash withdrawal methods. For example, a user uses a credit card to help relatives and friends buy things online. After receiving the things, the relatives and friends will pay cash to the user, which is considered a successful withdrawal. Of course there are risks with this approach, friends may owe you money.

There are two ways to withdraw money by credit card.

1. When withdrawing cash by credit card, it depends on whether your credit card has the cash withdrawal function. Generally, credit cards have cash withdrawal limits, and you can withdraw cash directly at an ATM or counter.

If there is no cash withdrawal amount, then if you want to withdraw cash, you can do so in two ways. The first is to use the credit card APP or call customer service to ask for the cash withdrawal amount.

The second method is to swipe T with a credit card machine.

Due to the convenient payment methods of credit cards, there are more and more credit card users, so the phenomenon of cashing out on credit cards is increasing. So how do you withdraw money from your credit card? I tell you. 1. Credit card cash withdrawals require payment of handling fees and interest. The cash withdrawal fee is generally 0.5% of the cash withdrawal amount, and the interest is calculated on a daily basis, and the daily interest rate is about 0.05%. 2. Withdraw the excess money from the credit card and transfer it to my savings card. This time it is not free and a certain handling fee is required, usually 0.5%-3%. 3. You can also transfer money to the UnionPay passbook of any bank at designated bank ATMs in designated cities, but you must have a debit card from that bank and open one of telephone banking, online banking, and mobile banking. 4. The cash installment limit is also different depending on the cardholder's credit limit and card usage history. After the cash installment is successfully processed, the money will be transferred to the debit card in the name of the cardholder. 5. Credit cards must be used rationally and repaid in a timely manner, because seriously overdue credit cards will be included in the conference blacklist. This can do more harm than good. Please remember. Simply put it is 1. Overpayment Transfer 2. Direct credit card transfer. Cash installment transfer.

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How to transfer credit card money to a debit card

Credit cards do not have a transfer function, but a debit card with the same name applied for at the credit card issuing bank can directly transfer the credit card money to the debit card. , but be aware that transferring money from a credit card to a debit card is equivalent to withdrawing cash from a credit card.

You can transfer money from your credit card to your debit card through the following three methods: 1. Online banking transfer. 1. Log in to the bank's official website and click Online Banking to log in; 2. Fill in the correct user name and password to complete the login; 3. Select Transfer - Peer/Inter-bank Transfer, fill in the payee information correctly, click Submit and enter the mobile phone verification code and dynamic password correctly. The operation can be completed.

2. Transfer via ATM machine. 1. Insert the bank card into the ATM machine, enter the password to log in; 2. Select transfer, enter the payee’s account number, and click OK; 3. Confirm the payee’s account number, enter the transfer amount, and click OK to complete.

3. Transfer over the counter. Just bring your ID card and bank card to the counter to transfer money.

Credit cards can only be transferred to debit cards of peers. Transfers to debit cards of peers are regarded as credit card cash advances. The bank will charge a handling fee of 1% of the transfer amount (minimum 10 yuan), and the transfer will be from From that day on, the bank will calculate compound interest at 50,000 per day. You can transfer funds to your counterpart's debit card through our bank's ATM machines or log in to credit card online banking. Log in to online banking and select the transfer function to transfer funds.

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How to transfer credit card money to a bank card

Credit card To transfer money to a bank card, you need to look at the following two situations:

1. When the user's money is stored in the credit card, and the amount exceeds all the outstanding balances in the account, the money is called As an overpayment, it can be used to offset subsequent credit card consumption, or it can be transferred to other bank cards, but a handling fee will be charged when transferring out. Taking the Agricultural Bank of China as an example, the handling fee is 1% of the amount withdrawn, with a minimum of 1 Yuan per transaction.

2. There is no money deposited in the credit card. Now there is only a limit. At this time, the limit can only be converted into cash by applying for a cash advance, and then withdrawn to other bank cards, but the cash advance Handling fees and interest will be charged. For example, Agricultural Bank of China charges 1% of the transaction amount as a handling fee for cash withdrawals at the bank. Interest is calculated on a daily basis, and the daily interest rate is 0.05%.

Notes on credit card transfers:

Usually credit cards have a fixed limit and a cash withdrawal limit, and the cash withdrawal limit is configured according to 50% of the credit card limit.

For credit card overdraft withdrawals, in addition to the cash withdrawal handling fee (0.5% of the cash withdrawal amount, at least 2 yuan), starting from the day of withdrawal, an interest of 0.05% of the cash amount will be charged every day. The maximum withdrawal limit for each card is 2,000 yuan, and the cumulative cash withdrawals shall not exceed half of the credit card limit.

When many banks provide cash advances, they can only withdraw the cash to the bank card that goes with the credit card, so it is best for users to prepare a debit card that goes with the user's credit card in advance.

There is no interest-free period for credit card cash advances. Users need to pay interest at a daily interest rate of 0.05% from the day of the advance. The maximum credit card cash advance amount is 50% of the total amount. If If the remaining usable limit of your credit card is less than 50%, you can only withdraw the remaining limit.

How to transfer the money from the credit card to the bank card

If you want to withdraw the credit limit from the credit card to the bank card under your name, the customer only needs to go to the online banking or mobile banking of the card-issuing bank. Find the credit card on the personal account page on the client or credit card APP, select the cash withdrawal option to pre-borrow cash, and select a savings card to transfer it to.

Everyone needs to note that as long as it is a bank card in my name, it can be operated whether it is a bank card belonging to the same bank as the credit card or a bank card from a different bank.

There are the following three methods:

1. The user logs into online banking or bank credit card APP, selects the credit card to withdraw the limit, then checks the cash advance option, and then fills in the payment Bank, you can transfer the credit card money to the bank card;

2. Users can bring their credit card and debit card to the ATM machine, insert the card, take out the money and then deposit it into the bank card;< /p>

3. Users can also go to the counter to find bank staff to handle cash withdrawal and transfer procedures.

That’s it for the introduction of how to transfer a credit card.