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Is it okay to pay off the credit card one day before the due date and withdraw the money the next day?

Theoretically it is possible.

But after you repay the money, the bank will need some time to calculate your repayment, which means it will take a certain amount of time for your repayment to be actually recorded in the repayment. So before you want to withdraw it the next day, you can call customer service and ask whether your money has arrived and whether it has been paid off. If it has been paid off, then you can withdraw it.

Extended information:

The credit card repayment due date refers to the last date on which the credit card issuing bank requires the cardholder to return the amount due. That is to say, after the card-issuing bank issues the bill, you should pay off all the fees you have consumed before the due payment date.

In fact, the due payment date is the last day of the interest-free repayment period. Repayments before this are interest-free. Overdue interest and late payment fees will be charged. The interest-free repayment period is different for each bank.

The repayment due date is also called the final repayment date. If you do not repay in full before the repayment due date and do not choose the minimum repayment amount of your credit card to repay, you may face The penalties are:

1. All consumption payments will no longer enjoy the interest-free repayment treatment. The bank will calculate interest on a daily basis based on the consumption amount as the principal from the day when the consumption occurs, with a daily interest rate of 0.05%. Collect compound interest on a monthly basis;

2. Receive reminder calls and letters from the bank;

3. Freeze your account and feedback your debt record to the people The bank will record it in your credit file, which will affect your personal credit;

If you really do not have enough money to repay in full on the due date, then please choose the minimum repayment amount on your credit card to repay. In this way, you only need to repay 10% of the total cost in each installment. This way, although there is no interest-free repayment period, your personal credit will be avoided.

Reference material: Credit card due date—Baidu Encyclopedia