I heard that credit cards can also borrow cash now. Is this a good way to borrow money?

If you mean direct cash withdrawal by credit card, you can withdraw cash from the cash withdrawal limit by inserting the card into ATM. The general withdrawal amount is 50% of the credit line, and only a few credit cards have a withdrawal amount of 100% of the credit line.

In addition to the one-time handling fee, credit card withdrawal will also charge interest on a daily basis, so the cost of credit card withdrawal is very high.

Tips: The above contents are for reference only.

Reply time: 202 1-09- 10. Please refer to the latest business changes announced by Ping An Bank in official website.

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