The interest on credit card cash withdrawals is calculated at 0.5% of the withdrawal amount every day until the principal and interest charges are paid off.

The following points are explained regarding the use of credit cards:

1. Consumption before the monthly bill date will be billed on the bill date of the month, and the first repayment 20 days after the bill date will be made If you pay it off before the next month's bill date, you can enjoy the interest-free treatment;

2. Consumption after the monthly bill date will be billed on the next month's bill date, and it will be repaid before the first repayment date 20 days after the next month's bill date. If you clear it, you can enjoy the interest-free treatment;

3. There is no interest-free period for cash withdrawals by credit card, and there is a handling fee. From the date of withdrawal, interest will be calculated at 0.5% of the cash withdrawal bill amount until the principal is paid off. Therefore, it is not recommended to withdraw cash by credit card. If you need it urgently, you should repay it as soon as possible;

4. The repayment date of the credit card is the last repayment day, and you can repay it on any previous day. All are possible, and you can repay multiple times. However, if the repayment date is exceeded, it will be considered overdue, which may affect your personal credit, so you should repay in time.

For more information about whether there is interest when withdrawing money with a credit card, enter: /ask/be05c61615838448.html?zd to view more