Credit cards are used for overdraft consumption, and there is a limit in them, but they cannot be taken out directly. When it is taken out, the bank will charge a withdrawal fee. Some cardholders will encounter the urgent need to transfer money to others in their daily life. At this time, if the money in the savings card is not enough, they may consider whether they can transfer money by credit card.
Different credit card transfer methods will lead to different fees:
1. Transfer by overpayment. Overpayment is the money you put into your credit card. When the money is transferred out, you have to charge a handling fee, which is between 0.5% and 3%.
2. Credit card advance cash transfer, the cardholder can lend his own amount and transfer it to the savings card. The maximum amount of this transfer is 50% of the credit card amount, and a handling fee of 1% and five ten thousandths of daily interest are charged.
3. For credit card cash installment transfer, the cardholder can apply to the bank for cash installment. After the application is successful, you can convert the credit card into cash, and then transfer it to the designated savings card, and charge the installment fee. The rate is between 0.75% and 0.95%, and no interest is charged.