Hello, China Merchants Bank's personal credit card has the function of borrowing cash in advance. You can withdraw the cash from the credit card through the ATM and bank counter of our bank or other banks, or transfer the money from the credit card to the savings card of China Merchants Bank in your own name through online banking and telephone voice (the cash withdrawal function of the business credit card is consistent with the company's setting). If you want to use the cash withdrawal function, first log on to the credit card website or call the customer service hotline, set the transaction password and activate the cash withdrawal function.

In fact, this kind of early borrowing is another way of saying cash withdrawal. The biggest difference is that cash withdrawal is illegal and cash advance is legal.

Cash advances must pay high interest, so cash advances are not recommended unless there is an urgent need. Specifically, you can look at the cash advance function of China Merchants Bank credit card. The specific charging standard is (depending on how much you have to pay in the middle):

Handling fee: the handling fee for RMB cash advance in China is 65,438+0% of each cash withdrawal amount, and the minimum handling fee is 65,438+00 RMB for each cash withdrawal; The handling fee for overseas cash withdrawal is 3% of each cash withdrawal amount, with a minimum charge of USD 3 or 30 yuan RMB. Interest: Cash advance does not enjoy interest-free repayment. From the date of cash withdrawal to the date of settlement, interest will be charged at a daily rate of 0.5 ‰, with compound interest on a monthly basis.

Limit: Generally, the advance cash limit is 50% of the credit limit (except for cards with special provisions). At the same time, the maximum daily withdrawal amount of each card in China is RMB 2,000; The daily cumulative cash advance of each overseas non-UnionPay line shall not exceed the equivalent of 1 ,000 USD, the cumulative cash advance of 1 month shall not exceed the equivalent of 5,000 USD, and the cumulative cash advance of 6 months shall not exceed the equivalent of 1 ,000 USD.

Simply calculate: if your limit is 2W, you can withdraw at most 50%, that is,1w. Because the domestic daily limit is 2000, you have to withdraw it within five days, and each handling fee is 2000× 1%=20 yuan, so the total handling fee is 100 yuan.

Therefore, taking 1 10,000 RMB is equivalent to taking+100 RMB from the ATM for five consecutive days, which is quite high, so I personally do not recommend the landlord to borrow cash in advance. I hope my answer can help you!