It is illegal to cash out a credit card. If the amount of cash is large, the bank will investigate it too often, and it is considered that it will have very serious consequences.

1. The credit card is frozen, but when the bank finds that the user is suspected of cashing out, the credit card will be frozen, and the credit card can no longer be used after freezing. If it is frozen without cashing out, the user can apply to the bank for cancellation.

2. Bad credit records will be uploaded to the central bank's credit information system after credit card cashing is detected, and personal credit will be lost, so it will be very difficult to handle bank loans later, and bad credit information records will be retained for five years.

3. Cash withdrawal is serious, and the bank will restrict the personal business of users, except for credit card business, and other businesses of the bank will be restricted, such as transfer, deposit and cash installment.

4. If the cash-out amount is too large and the circumstances are serious, it may bear criminal responsibility, and if it causes credit cash-out fraud, it needs to bear a fine of 2,-5, yuan and a fixed-term imprisonment of not less than three years but not more than ten years.

The law stipulates: Paragraph 2 of Article 196 of the Criminal Law of the People's Republic of China stipulates: "The term" malicious overdraft "as mentioned in the preceding paragraph refers to the act that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank."

how often can I check my credit information?

there is no limit on the number of times, and you can query every day; If it is because of the credit loan business, banks or other institutions should not check the credit information more than three times within 3 days.

there is a limit to the number of times a credit report can be printed, usually only once a month. There are only two free inquiry opportunities in a year, and the third inquiry will be charged. It should be noted that each inquiry will leave a record in the credit information system, and frequent inquiries will have more records, which may have a negative impact on the credit loan business of users.