When you use a credit card to withdraw cash, you need to understand the associated fees. Normally, the cash withdrawal limit accounts for 50% of the credit limit, and a 1% handling fee is charged. For example, if you withdraw 5,000 yuan from a cash machine, the handling fee is 5,000 yuan multiplied by 1%, or 50 yuan. In addition, interest will be calculated at an interest rate of 0.05% every day. The interest on that day is (cash withdrawal amount plus handling fee) multiplied by 0.05%, which is 2.525 yuan. The repayment date is usually determined based on your bill date, and the minimum repayment requirement is 10% of the total bill. As long as you make the minimum payment, the bank won't charge late fees, but interest will still accrue. If you fail to repay for three consecutive periods, you may be blacklisted by the bank, which will affect your future loan applications.

The essence of a credit card is a consumer credit tool provided by banks based on the user's credit evaluation. Cardholders do not need to pay cash immediately when making purchases, and only need to repay the corresponding amount when settling on the bill date. Cash withdrawal and interest rules are crucial to managing your credit card wisely to ensure on-time repayments to avoid additional fees and damage to your credit history.