If the bank stipulates that the newly activated credit card (debit card) must be cashed out the next day, then it cannot be cashed out on the day of activation. The bank does not require this, so the newly activated credit card (debit card) can be withdrawn on the same day. Different banks have different rules. Please refer to the regulations of the issuing bank. In addition, the withdrawal amount of credit card (debit card) is usually only 50% of the credit limit, so users can't withdraw all the credit limit.
In addition, the daily withdrawal limit of credit card (debit card) ATM is 20,000, and it will be impossible to withdraw cash beyond this limit.