Question 1. The credit card limit of China Merchants Bank is 10,000 yuan. What is the cash withdrawal limit? Answer: China Merchants Bank’s credit card cash advance has a limit. The cash advance limit of China Merchants Bank is generally 50% of your credit limit (except for cards with special provisions). You still need to ask your card issuer for details, because everyone's qualifications are different, and the bank will tell you when applying for a card. There are various levels based on your qualifications. In addition, the cumulative daily cash advance amount of each card for domestic cash withdrawal by credit card is RMB 2,000; the daily cumulative cash advance amount of each household for overseas non-UnionPay lines shall not exceed the equivalent of US$1,000, and the cumulative amount within one month shall not exceed The equivalent value is US$5,000, and the cumulative amount within 6 months shall not exceed the equivalent value of US$10,000.
Question 2: How are the handling fees and interest for CMB credit card withdrawals calculated? Answer: Although each bank does not maintain consistency in cash withdrawal fees, it maintains high-profile consistency in cash withdrawal interest. China Merchants Bank charges an interest of 0.05% per day starting from the day of cash withdrawal until you pay back all the debt. Just terminate the calculation. If you withdraw cash within the country, the handling fee is 1% of the amount of each cash withdrawal, with a minimum charge of 10 yuan per transaction; if you withdraw cash overseas, the handling fee is 3% of the amount of each cash withdrawal, with a minimum charge Each transaction is charged USD 3 or RMB 30.
Question 3. What methods can be used to withdraw cash with CMB credit card? Answer: 1. Telephone pre-borrowing As long as you hold a China Merchants Bank credit card and an all-in-one card, you can call the credit card’s 24-hour customer service hotline: 400-820-5555 and follow the voice prompts, and the money you need will be immediately transferred from your credit card account Enter the All-in-One Card account under your name. 2. Withdraw cash from ATMs. You can withdraw RMB cash with the transaction password at the ATMs of China Merchants Bank or other banks with UnionPay logos. Overseas, you can withdraw cash in RMB from ATMs with VISA or MasterCard logos. Or use an ATM machine with JCB logo to withdraw local currency with the transaction password. 3. Over-the-Counter Withdrawal In China, you can withdraw RMB cash at the counters of various China Merchants Bank outlets with your credit card and transaction password; overseas, you can withdraw RMB cash at bank counters with the VISA, MasterCard or JCB logo. Valid ID, credit card to withdraw local currency.