No, credit card transfer is possible, but there will be restrictions. According to the regulations of a bank, under normal circumstances, the daily cash withdrawal limit is 2,000 yuan, and the handling fee is charged at 1% of the cash withdrawal amount, with a minimum charge of 10 yuan. In addition to the formalities, interest of five ten thousandths of the cash withdrawal amount is charged every day.

For credit card transfer, you must have a debit card of the bank and open one of telephone banking, online banking and mobile banking. Cardholders must pay the bill and related expenses after transferring cash in advance. Charge five ten thousandths of interest every day, plus related handling fees.

Therefore, credit cards can transfer money, but there is a limit on the amount and the handling fee is not low. If you really need to transfer money, you can open online banking for credit cards. After the registration is successful, you can log in to the online bank of the credit card with your ID number, login password entered at the time of registration and the additional code prompted, so that the credit card transfer can be realized.

It is recommended not to transfer money by credit card, because it will generate many other expenses.

Extended data

Disadvantages of using credit card to transfer money:

High cash withdrawal cost: credit card withdrawal not only requires handling fees, but also can not enjoy the interest-free period of normal consumption. Interest shall be calculated at 0.5 ‰ per day from the date of cash withdrawal, until the arrears are paid off.

Repayment requires full repayment: cash withdrawal is different from overdraft consumption, and it needs to be repaid in full on the repayment date, and cannot be repaid in installments or at a low price. If the user's repayment ability is limited and a large amount of cash is withdrawn by credit card, it is bound to be difficult to repay.