1. Charge standard for cash withdrawal by credit card: Generally, at present, all bank credit card withdrawals are based on the daily interest rate of 0.05%, and the compound interest is calculated monthly from the date of cash withdrawal, and the cash withdrawal fee is charged according to a certain proportion. If you withdraw money today, you will have to pay interest tomorrow. In addition, there is a handling fee for borrowing cash in advance.
2. Credit card limit: The advance cash limit generally does not exceed 50% of the credit limit (except for cards with special provisions). At the same time, the maximum daily withdrawal amount per card in China is RMB 2,000; The maximum daily cash advance for each card of overseas non-UnionPay banks is 1 ,000 yuan, and the cumulative amount within 1 month does not exceed $5,000, and the cumulative amount within 6 months does not exceed 1 ,000.
3. Credit card withdrawal fee: the domestic RMB withdrawal fee is 1% of the withdrawal fee, and the minimum fee is 10 yuan; The handling fee for overseas cash withdrawal is 3% of the handling fee for each cash withdrawal, and the minimum handling fee for each cash withdrawal is USD 3 or 30 yuan RMB (American Express-Centurion Black Gold Card and American Express-Centurion Platinum Card). There is no inter-bank fee for borrowing cash.
4. Credit card withdrawal interest: Cash borrowed in advance does not enjoy interest-free repayment. From the date of cash withdrawal to the date of settlement, interest shall be calculated on a daily basis, with a daily interest rate of 0.05% and monthly interest.