After January 1, 2017, credit card money can be directly transferred to a savings card under your name in the form of cash installments. As for investment, investment is prohibited in principle.

Since the beginning of last year, banks have restricted the use of funds in credit cards. From the original method of only swiping credit cards for consumption and withdrawing cash according to a certain proportion, it has been transformed into the ability to directly transfer credit card funds to a savings card in the cardholder's personal name for daily consumption. Different banks have different regulations on the amount of fund transfer. But under normal circumstances, the full amount can be transferred out.

For the transfer method, the cardholder can directly call the bank's credit card center and follow the manual prompts to transfer the money. Some credit card centers will directly invite customers to transfer funds. And the funds are repaid in cash installments. In other words, transferring funds out requires paying interest on the use of funds.

However, banks have clear regulations on the use of transferred funds. For example, it is usually stipulated that it can only be used for daily personal consumption, such as travel, decoration, furniture and home appliances, medical care, etc. Investment in stocks, funds, and real estate is strictly prohibited.

Of course, the easiest thing to find here is real estate investment. After transferring cash, many people use the funds as a down payment to buy a house. This situation is also strictly prohibited by banks. If the bank discovers in post-loan management that an individual has a personal mortgage loan after handling cash installment business, the bank may immediately require the user to pay off the money.

However, since 2018, after banks have increased their efforts in mortgage loan approval, if you have debt on your credit card or the debt ratio is too high, you cannot apply for a mortgage. This is also equivalent to directly imposing restrictions on real estate investment. Of course, if the transferred cash is enough to purchase a house in full, I won’t go into details here. In short, everything has its pros and cons.

At the same time, the questioner mentioned whether it can be transferred to Alipay. Since it can be transferred to a bank card, it can be transferred to Alipay through a bank card. This is not difficult. But generally speaking, there are great risks in using credit card money to invest in personal business. In the case of credit card debt, the proportion of credit card debt caused by business investment is very high. So if you want to use credit card money to invest in business, you must choose carefully.

Have you ever heard that "the boldness of a person is the same as the land's yield"? Those who answer "no" are all responsible people!

As long as you think about it, you can do it! But one thing you must know is that "cash-out with credit cards is not allowed"! ! What I want to talk about is alternative TX!

Method 1: Find friends and colleagues around you, and use your credit card when they want to buy something big. If not, you have contracted all the purchases of various departments in the company, and then pay with the card and then reimburse the finance department, so that the cash It’s in your hands, and you have no loss in TX. As for where you put the cash you got, it’s up to you! Putting Yu’ebao is a pure waste!

Method 2: I have said it many times, just find a P2P platform directly, a platform that can be recharged with a credit card, and recharge directly. Some platforms can withdraw cash immediately after recharging, and some platforms do not allow withdrawal, so invest in it. For new tokens, you can withdraw money when it expires, which is N times better than putting up Yu’E Bao! If you don’t want to take risks, then recharge for others. If you are polite and offer discounts to others, you can recharge 10,000 yuan and receive 9,980 yuan, which is much more cost-effective than using a POS machine to cash out!

Risks and opportunities are equal, it depends on how the individual controls them! Please use your credit card reasonably and compliantly under any circumstances!

Personal opinions are for reference only! Welcome to follow and communicate!

Credit cards can only withdraw cash through cash withdrawal and cash out. However, cashing out is against regulations, so it is not recommended that you use it.

At the same time, when withdrawing cash through a credit card, the cash withdrawn cannot be used to invest in house purchases, futures, stocks and other equity investments, and can only be used for temporary capital purposes. There are also handling fees and daily interest, so you need to manage your usage well.

Money withdrawn from a credit card is deposited onto the card.

I am very happy to help you answer this question. I have a limit on my credit card. Can I transfer the money from my credit card to a bank card for investment? In principle, this question is not allowed, but some people have indeed done this, so whether you choose to do it or not, it depends entirely on you.

Many people know that credit cards are issued to us by banks, but what many people don’t know is that credit cards are indeed an interest-free loan issued to us by the bank with a rate of 0.6%. It's just a principal repayment every month. This is the amount we can see on the surface.

But what many people don’t know is that there is actually a reserve fund behind the credit card that we can use, such as Pudong Development Bank’s Wanyongjin, Xinxin’s Yuanmengjin New Express, China Merchants’ e-loans, etc. , these funds can be withdrawn to the bank card for your own investment, but you need to pay a certain amount of interest when using them.

If there is no reserve fund in your credit card that you can use, you can also use the funds in your credit card. There are many methods at this time, such as finding a POS machine and paying it out through consumption. , or go to a local store that accepts credit cards and withdraw the money, or buy something for a friend, and you can pay for him and let him give you the payment.

As long as you withdraw the money to your bank card, how you want to invest it all depends on your personal financial management level. Moreover, there are many types of financial management products available on the market. As for the final income, The situation depends on the return rate of the product you choose.

The above are my personal views on this issue. I hope it can help you. Slash youth talks about money and attention makes you more valuable.

Hello, Futures Xiaochu is a so-called old man who has been engaged in the financial industry for more than ten years. At most, he holds more than a dozen credit cards. He is a standard credit card expert. At the same time, as a national financial planner, With many years of experience in using credit cards and Alipay, let me briefly answer this question

First understand the concept of credit cards

Credit cards, also called credit cards, are credit-qualified credit cards issued by commercial banks or credit card companies. A credit certificate issued by a consumer. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Secondly, the advantages and benefits of using credit cards

Secondly, the benefits of credit cards

1. Credit cards are the only debt instruments with a long interest-free period and have many advantages. High use value. This is not available in any other loan type. This means that for a period of time, we can spend the bank's money for free to do our own things. When money is tight, you can use a credit card to tide you over without paying interest.

2. You can accumulate personal credit. Banks generally will not easily grant credit to "white credit accounts" that have no credit record in the Credit Reference Center of the People's Bank of China. Even if credit is granted, the loan amount will be very low, and the loan interest rate will not be any preferential. Young people who have just emerged from society can accumulate personal credit by using credit cards, repaying their loans on time, and lay the foundation for applying for mortgage loans, car loans, and low-interest credit loans in the future.

3. You can accumulate points and participate in preferential activities. Using a credit card, you can accumulate points and redeem them for gifts or benefits. In order to seize the market and maintain customers, various bank credit card centers have launched many preferential activities. Some activities are very powerful. Activities such as 50% off food and 1 yuan to watch movies are very cost-effective and can save a lot of money.

4. Some credit cards have powerful functions and can facilitate daily life.

The third return to this question is "How can I transfer money from a credit card to Alipay?"

1. Alipay does not allow credit card transfers to Alipay. Alipay can only be recharged with a debit card.

2. Open the Alipay interface, click the "My" option, and then click the "Balance" option.

3. In the opened interface, click the "Recharge" option.

4. Enter the amount of "Recharge Amount".

5. After entering the amount, click the "Next" button.

Another simple way is to open an Alipay merchant account, which can use Huabei and credit card small amounts every month

Futures Xiaochu Remind everyone that a credit card is a double-edged sword, so use it wisely!

You can transfer the money to the debit card bound to Alipay by withdrawing cash from your credit card through online banking, and then transfer the money in the debit card to Alipay by recharging. The steps are as follows: First, open the browser and open the official website of the credit card issuing bank.

The second step is to log in to your card-issuing bank’s online banking account and enter personal online banking.

The third step is to find the "Credit Card" option in personal online banking and find the "Cash Transfer" business in the drop-down menu of the credit card. Credit cards from all major banks now allow you to withdraw cash, but the withdrawal limits vary. Banks generally allocate hundreds, thousands, half or even full cash withdrawal limits based on an individual's credit situation.

Step 4: After clicking to enter the "Cash Transfer" page, follow the prompts on the left side of the form to select the corresponding credit card, enter the payee's account name, transfer amount and related information, etc., and click "Next" Step" to enter the "Confirm transfer page". After selecting the credit card used for transfer, the withdrawal limit will be displayed below it. You can refer to this withdrawal limit to enter the corresponding transfer amount.

Step 5: After entering the "Confirm Transfer Page", confirm the transfer information. When confirming, a "Fees Description" page will pop up to tell you about the handling fees and interest required to handle credit card cash withdrawals. The interest rate for credit card cash withdrawals is different from that for ordinary card consumption. The cash withdrawals here are actually a kind of low-interest borrowing, so the interest regulations of various banks are different, but they are generally kept within a reasonable range. In addition to interest, corresponding handling fees will also be charged, generally 1% of the transferred amount.

Step 6: After the credit card withdrawal success page pops up, the credit card withdrawal is completed. Usually the money arrives in your account in about 10 minutes. After the payment is received, log in to Alipay and find the balance on the "My" page.

In the seventh step, select recharge in "Balance", enter the recharge amount, click Next, enter your fingerprint or password, and the recharge is successful. In this way, the money from the credit card is transferred to Alipay.

The money on the credit card, wrong, is the credit card limit. This limit is not your current money, but your future money! Just like Huabei, you can use it first, but you will have to pay it back when the time comes, which means giving back your future! As for transferring the money from the credit card to Alipay, this is actually not feasible because Alipay does not allow credit cards to transfer money directly. However, people’s brains are alive and you can pay merchants through credit cards and let the merchants transfer the money. for you! This is now a common method used by credit card users. In fact, bank credit card management does not allow this operation! But in emergencies, you can do it cheaply! But I hope everyone can repay on time and maintain their credit! Try credit society in the future and live with credit!

Credit card is a payment channel that can support advance consumption, and credit card amounts with higher limits range from tens of thousands to hundreds of thousands, so some users want to cash out the credit card limit. Is it feasible to turn it into cash and use it? 1. The concept of credit card

Credit card is a debit card. Its characteristic is that it can be used for advance consumption. Generally speaking, credit cards have two dates, one is the billing date, and the other is the repayment date. The bill needs to be repaid on the repayment date, otherwise a certain overdue fee will be deducted if it is overdue. Generally speaking, the consumption limit of a credit card is only for consumption and does not support transfers and other services. Moreover, the most traditional way of credit card consumption still requires using a POS machine to swipe the card. With the development of fast payment, many merchants currently open Scan the QR code to pay.

2. Realization of credit card limit

Credit card limit can be withdrawn, mainly through the following ways:

1. Bank official withdrawal

In fact Nowadays, credit cards support cash withdrawals. Generally, after applying for a credit card, banks will recommend installing their official banking APP. In the APP, we can directly withdraw cash online. However, it is worth mentioning that when making a cash withdrawal, the bank needs to charge a part of the handling fee, and this handling fee is still relatively high. Generally speaking, it is not cost-effective to make a direct cash withdrawal.

2. Withdraw cash through consumption channels

Since the use of credit cards is for consumption payment, the account of the merchant of capital currency can be liquidated. Simply put, it means paying the funds to the merchant. Then have the merchant transfer the funds back to your bank account. Since the bank will charge a certain handling fee for each use of a credit card, after this operation, a part of the funds returned to your account will need to be deducted. Generally speaking, the charging rate charged by the bank is around 0.6%. 3. Cash withdrawal is not recommended except under special circumstances

Cash withdrawal is not recommended under normal circumstances. Withdrawals through official channels will require a lot of deductions in handling fees. Cash out by merchants will not be discovered by the bank's regulatory mechanism. If so, you will run the risk of being derated. Therefore, under normal circumstances, it is better to use credit cards for direct consumption payments. You can also enjoy many benefits when making purchases with a credit card. For example, there are discount activities for offline consumption, and credit card consumption can accumulate points to redeem gifts. Frequent use of your credit card can also increase your credit card spending limit.

In summary, the way to transfer the credit card limit to Alipay is to withdraw the credit card limit, but you need to pay a certain handling fee. Under normal circumstances, it is recommended to use a credit card directly for consumption.

No, the money on the credit card is the credit limit granted to you by the bank. Use it as much as possible and do not withdraw cash.

Credit card money is not allowed to be transferred to Alipay unless you withdraw it first and then Deposit the bound savings card at the factory and transfer it to Alipay, but the fee is too high and it is not cost-effective.