Credit card withdrawal is not a credit card. Credit card withdrawal refers to consumer shopping. Credit card withdrawal does not produce consumption behavior, but only pre-borrows credit card quota in cash. The transaction method of withdrawing cash by credit card is cash transaction, and the transaction method of swiping card is credit card transaction.

Cash withdrawal by credit card means that the issuing bank or institution authorizes the cardholder to flexibly allocate funds when the cardholder is in urgent need within the credit limit. The credit card withdrawal amount depends on the cardholder's use of the card. The withdrawal amount cannot exceed 50% of the credit card amount. Generally, the withdrawal amount is 30% or 50% of the credit limit. Credit card swiping is a kind of consumption behavior, which refers to the consumer transaction behavior that occurs when the cardholder purchases goods or entertainment.

Cash withdrawal will consume the credit card limit, and the credit card limit will be restored after the cardholder repays. However, withdrawal cannot enjoy interest-free period. The cardholder will get five ten thousandths of daily interest when withdrawing cash, but the consumption will enjoy an interest-free period. Credit card withdrawal cannot accumulate points, but credit card consumption can accumulate points, and points can also be exchanged for various gifts and rights. If the credit card reaches a certain number of swipes, you can also enjoy the annual fee exemption, but the number of swipes is not counted.

Does wechat pay by credit card?

1, WeChat payment by credit card is a credit card, but it doesn't necessarily have a point of consumption. The specific situation depends on the bank's regulations.

2. After all, some banks don't require the form of consumption, as long as the number of swipes is reached. As for how to swipe your card, you can pay online or offline. In addition to online consumption, WeChat payment can also be consumed offline, which is also the number of swipes.

But some banks require merchants to have points. At present, only ten banks have points in WeChat payment: China Merchants Bank, Agricultural Bank, Industrial and Commercial Bank of China, Ping An Bank, China Everbright Bank, China CITIC Bank, Shanghai Pudong Development Bank, China Guangfa Bank, China Bank and Bank of Communications.