Is it possible to withdraw money without a card using a credit card?

It is not possible to withdraw money without a card using a credit card. Unless the user has opened mobile banking, he can transfer funds to his debit card through mobile banking or mobile life client and then withdraw cash. In addition to the above methods, users can also withdraw cash through WeChat appointment, QR code appointment, and online banking appointment to withdraw cash. Regardless of whether it is cash withdrawal without a card or with a card, the bank will charge a handling fee and calculate interest based on the expected daily annualized interest rate of 0.5%

Cash withdrawal without a card means that you do not bring a bank card. As long as you have a mobile phone, you can also withdraw cash from teller machines. ICBC has officially launched a mobile phone reservation cash withdrawal service nationwide. As long as you perform the corresponding operations through mobile banking in advance, you can withdraw money from ICBC teller machines when needed with your mobile phone number, reservation code and other information without inserting a bank card. The daily accumulated The withdrawal limit is 5,000 yuan. This new withdrawal method has been launched in three banks: ICBC, Bank of Communications and China Guangfa.

When using a mobile phone to make an appointment for cash withdrawal, the user must first log in to the bank’s mobile banking, select the “appointment for cash withdrawal” function, reserve the “appointment code” according to the prompts, determine the validity time of the appointment, enter the cash withdrawal amount, and specify Withdraw your account and authenticate your identity through media such as a password card or electronic cipher, and then you will receive a temporary password text message. Users can withdraw money from the nearest ICBC teller machine within the valid time they set. When withdrawing money, they must enter their mobile phone number, reserved "reservation code" and temporary password sent by the bank. The single and daily cumulative cash withdrawal limits for this service are 1,000 yuan and 5,000 yuan respectively.

In order to ensure the safety of depositors’ funds, the designated account for making an appointment to withdraw cash through mobile banking can only be a debit card account, and the debit card must be added to mobile banking through the counter of an ICBC branch and have external payment permissions activated. , rather than adding it to mobile banking by yourself. This means that in order to achieve "cardless cash withdrawal", the first step is to go to the ICBC counter to open mobile banking and bind a payment account, and then download the ICBC mobile banking terminal on your mobile phone to achieve the above operations.

Bank of Communications was the first bank to launch "cardless cash withdrawal". On January 20, 2010, it launched the mobile terminal "e-Mobile Bank of Communications", taking the lead in realizing cardless cash withdrawal at teller machines in the country. Guangfa Bank also launched it in 2011 The "Mobile Banking Appointment Withdrawal Function" was launched in 2017. You can also withdraw cash at any GF teller machine by "appointing cash withdrawal" through mobile banking.

Can I withdraw cash from CCB Mobile Banking using other bank credit cards?

No.

Cardholders can download the card-issuing bank’s mobile banking app, log in to their personal account, bind credit card-related information to the savings card, and then withdraw cash from the credit card to the savings card. Credit card cash withdrawal methods include counter cash withdrawal, ATM self-service machine cash withdrawal, mobile banking cash withdrawal, personal online banking cash withdrawal, etc.

Can I withdraw cash with a Bank of Communications credit card on my mobile phone?

Can I withdraw cash with a Bank of Communications credit card on my mobile phone, but the withdrawal must be made to my debit card at the Bank of Communications and cannot be withdrawn. to debit cards from other banks. What needs to be important is that no matter how you use your credit card to withdraw cash, there will be a certain handling fee and interest.

Bank of Communications will charge interest at a daily rate of 0.5% per day until the cardholder has returned all the cash withdrawal limit. The handling fee of Bank of Communications is divided into domestic and overseas cash withdrawals. Domestic charges are 1% of the transaction amount, with a minimum of RMB 10; overseas charges are 1% of the transaction amount plus RMB 12, with a minimum of RMB 15.

When repaying the Bank of Communications credit limit, it must be paid off in one lump sum, and installment repayment is not allowed. When repaying, the user needs to deposit the withdrawal amount, interest, and handling fees into the credit card in one go. In order to avoid being unable to repay on time later, users should consider their repayment ability when using Bank of Communications.

The cost of Bank of Communications is still relatively high, so users should use it with caution. And you must pay it back promptly after using it. In fact, when the withdrawal limit is not large, users can borrow money from friends around them, which can avoid their own financial constraints and avoid various expenses.

How to withdraw cash from CITIC Bank credit card on mobile phone?

The methods for withdrawing cash with CITIC Bank credit cards are:

1. Cash withdrawal at the counter: You can withdraw cash at the counter at any CITIC Bank branch with your credit card and your valid ID and credit card transaction password. .

2. Withdraw cash from CITIC Bank ATMs: You can withdraw cash from CITIC Bank ATMs without inter-bank handling fees.

3. Withdraw cash from other banks’ ATMs: If you can withdraw cash from banks affiliated with UnionPay’s card-issuing organizations, you can withdraw cash from ATMs with corresponding logos at home and abroad;

4. Cash withdrawals from other banks’ counters Cash withdrawal: You can withdraw cash at bank counters that are part of the UnionPay system. You can also withdraw cash at bank counters with corresponding logos overseas (including UnionPay, VISA, MasterCard, JCB, American Express, etc.).

It was established by the bank to meet the urgent needs of cardholders for cash. The current charging standards are very high. A handling fee of 1-3% will be deducted immediately. The amount of cash withdrawal is based on the daily interest rate of RMB 10,000. Interest is calculated on a five-quarter basis and compounded monthly. So don't use the feature except in emergencies.

But now there are people in society who use credit cards at POS machines to withdraw cash. to circumvent credit card cash-out restrictions.

Extended information:

It is one of the inherent functions of the credit card itself. The cardholder can use the credit card to advance cash from the bank. The process of using the credit card to withdraw cash is called. But now there are people in society who use credit cards at POS machines to withdraw cash to circumvent the restrictions on cashing out on credit cards.

(Cash withdrawal) is different from credit card cash out. It is one of the inherent functions of the credit card itself. The cardholder can use the credit card to advance cash from the bank. The process of using the credit card to withdraw cash is called.

It was established by the bank to meet the urgent needs of cardholders for cash. The current charging standards are very high. A handling fee of 1-3% will be deducted immediately. The amount of cash withdrawal is based on the daily interest rate of RMB 10,000. Interest is calculated on a five-quarter basis and compounded monthly. So don't use the feature except in emergencies.

Bank industry insiders pointed out that there are three main reasons for the rise in credit card risks:

First, because the credit card business itself is in a period of rapid growth, with the substantial growth in credit card consumption and overdrafts, NPLs Loan balances increased simultaneously.

Secondly, affected by the economic downturn, some industries have experienced closures, layoffs, salary cuts, etc., as well as an increase in overdue credit card accounts and an increase in non-performing overdrafts.

Thirdly, according to relevant domestic policies, it is difficult to write off non-performing credit card loans independently, which is also one of the reasons for the increase in the balance of non-performing loans year by year.