1. How to withdraw cash with Minsheng Bank credit card

China Minsheng Bank credit card users can go to ATMs at home or abroad that have the UnionPay logo or the VISA logo displayed on your credit card. machine and withdraw cash with the transaction password. You can also withdraw local currency at the counters of various Minsheng Bank outlets or overseas bank outlets with the logo of relevant credit card organizations or VISA and other companies.

2. Minsheng Bank credit card cash withdrawal limit and restrictions

Region

Daily accumulated amount of each card

Domestic

General card account ≤ 5,000 RMB

Gold card account ≤ 20,000 RMB

Overseas

≤1,000 US dollars or equivalent foreign currency

3. Minsheng Bank’s credit card cash withdrawal fees and interest

1. Minsheng Bank’s credit card cash withdrawal fees

(1) Domestic Minsheng Bank counter or ATM equipment withdrawal: based on the amount of cash withdrawn 0.5 handling fee, with a minimum of RMB 1 per transaction;

(2) Cash withdrawals from other domestic bank counters or ATM equipment: a handling fee of 1% of the cash withdrawal amount, with a minimum of RMB 1 for each transaction;

(3) Overseas cash withdrawal charging standards: 3% of the cash withdrawal amount, with a minimum charge of 3 US dollars/2 euros/2 pounds/4 Australian dollars/4 Canadian dollars/300 yen per transaction;

(4) RMB overpayment withdrawal fee standards: There is no handling fee for withdrawing overpayment through Minsheng Bank ATMs and counters. There is a handling fee for withdrawing overpayment through other banks, with a minimum of RMB 1 yuan;

(5) Foreign currency overpayment withdrawal fee standard: 3 withdrawal amounts, minimum 3 US dollars/2 euros/2 pounds/4 Australian dollars/4 Canadian dollars/300 yen.

2. Minsheng Bank’s credit card cash withdrawal interest

There is no interest-free repayment period for Minsheng Bank’s credit card cash withdrawal. Overdraft interest will be compounded at a daily interest rate of 0.5% from the overdraft transaction date. Taking Ms. Zhang's cash withdrawal as an example, the bill date is the 13th of each month, and the due repayment date is the 2nd of each month. She only withdrew 1,000 yuan in cash from the ATM on May 28, and Ms. Zhang's bill date was June 13. The recurring interest is: 1,000 yuan * 0.05 * 6 days (June 8th - June 13th) = 3 yuan.