1. Can I withdraw cash with Tencent WeChat Credit Card? This is possible. There are 5 issuers of Tencent WeChat Credit Card, including Industrial Bank, China Guangfa Bank, China Everbright Bank, CITIC Bank, and Harbin Bank. However, no matter which bank issues the Tencent WeChat Credit Card, it has the cash withdrawal function. After getting the card, you can withdraw cash through an ATM machine or apply for a cash advance, but cash withdrawals will involve cash withdrawal fees and cash withdrawal interest.
2. Can I collect existing points with Tencent WeChat Credit Card? Although Tencent WeChat Credit Card and WeChat Pay have 5 times the points, only one bank, Industrial Bank, can collect the existing points, and the other four banks do not. Among them, points can be earned for cash advances withdrawn from CITIC Bank ATMs/counters, but there are no points for overpayment cash withdrawals. Cash advances will earn 1 point for every RMB 1 spent, and points for every US$1 spent. There is a limit on points earned for a single transaction. It is 100,000 points (including various multiple points activities and ordinary transaction points).
3. How to repay the cash withdrawal using Tencent WeChat Credit Card? Five Tencent WeChat credit cards no longer enjoy the interest-free period for cash withdrawals. The cash withdrawal principal and the handling fees and interest generated will be included in the minimum repayment amount of the current period's bill, and it needs to be paid off in full before the last payment date of the current period. Therefore, when withdrawing cash, you must measure your repayment ability, otherwise you will not be able to repay the loan after withdrawing cash. Overdue payment will affect your credit and incur high penalty interest and liquidated damages.