Credit cards cannot be used to withdraw cash from Alipay. Credit cards have cash withdrawal functions, and credit cards can also be used for online payment. But one thing is that the money in the credit card cannot be transferred to the debit card through Alipay. To simply understand, credit card money can be withdrawn to Alipay.
Generally, for Alipay, it is a collection, but for a credit card, it is a payment. It only has a credit record, which is equivalent to you spending this amount of money. Generally speaking, it is just a transaction. .
The amount you withdraw from Alipay also has a repayment period, and the money you withdraw to Alipay goes directly to your Alipay balance and can be used whether it is for payment or transfer to others, but it is worth noting that , this money cannot be withdrawn in Alipay, because Alipay has regulations that money from credit cards cannot be reflected to bank cards. So if you want to apply it to other cards, you need to find another way.
: Credit card cash withdrawal
Credit card cash withdrawal is one of the inherent functions of the credit card itself. The cardholder can use the credit card to advance cash from the bank. The process of using the credit card to withdraw cash is called credit card cash withdrawal. . But now there are people in society who use credit cards to withdraw cash by swiping their cards at POS machines to circumvent the restrictions on credit card cash withdrawals.
Credit card cash withdrawal (cash withdrawal) is different from credit card cash withdrawal. Credit card cash withdrawal is one of the inherent functions of the credit card itself. The cardholder can use the credit card to advance cash from the bank. The process of using the credit card to withdraw cash is called credit card cash withdrawal. .
Credit card cash withdrawals are established by banks to meet the urgent needs of cardholders for cash. The current charging standards for credit card cash withdrawals are very high. When withdrawing cash by credit card, a handling fee of 1-3% will be deducted immediately. Interest is calculated on the amount based on the daily interest rate of 5/10,000, and compound interest is calculated on a monthly basis. Therefore, please do not use the credit card cash withdrawal function except in emergencies.