The cash withdrawal fee rates of each bank are not exactly the same. Generally, the cash withdrawal fee of 6,000 yuan should be calculated according to the specific rate.
Take China Merchants Bank’s credit card cash withdrawal as an example. The fee charging standards are: domestic cash withdrawals are charged a handling fee of 1% of the amount of each cash withdrawal, and overseas cash withdrawals are charged a handling fee of 3% of the amount of each cash withdrawal.
Then, the handling fee for withdrawing 6,000 yuan domestically is 60 yuan, and the handling fee for withdrawing 6,000 yuan overseas is 180 yuan.
From 0:00 on August 29, 2019, when using the credit card repayment function, an additional 0.1 of the actual repayment amount will be charged as a handling fee for each credit card repayment. , the repayment amount and handling fee will be paid together.
JD Finance has also made adjustments to the credit card repayment service rules: starting from September 1, the same user can enjoy a free repayment limit of up to 10,000 yuan per month, exceeding the maximum free repayment limit. A service fee of 0.15 will be charged.
In July 2018, WeChat issued an announcement stating that starting from August 1, 2018, each WeChat credit card repayment will be charged at 0.1 of the repayment amount.
On February 21, 2019, Alipay also announced that starting from March 26, service fees will be charged for credit card repayments through Alipay. At the same time, Alipay provides a free limit of 2,000 yuan per person per month, and a service fee of 0.1 will be charged for the excess.
On April 15, 2016, the central bank issued the "Notice of the People's Bank of China on Matters Related to Credit Card Business", canceling late payment fees for credit cards, introducing liquidated damages, and prohibiting over-limit fees. At the same time, corresponding adjustments were made to credit card overdraft interest rates, interest-free repayment periods and minimum repayment amounts. The credit card cash withdrawal limit has also been increased from 2,000 yuan to 10,000 yuan per card per day. The new regulations will be officially implemented on January 1, 2017.
1. Cancel late payment fees and introduce liquidated damages
The "Notice" cancels late payment fees, and the card issuer and cardholder will agree on liquidated damages; cancels over-limit fees, and stipulates that card issuers shall not Service fees bear interest.
2. The credit card overdraft interest rate can be customized
The upper limit and lower limit management of the credit card overdraft interest rate is implemented. The upper limit of the overdraft interest rate is 5/10,000 of the daily interest rate, and the lower limit of the overdraft interest rate is 0.5/10,000 of the daily interest rate. Fluctuate by 30 on the basis of five-fifths. The method of calculating interest on credit card overdrafts, as well as whether interest will be calculated on credit card overpayments and the interest rate standards are determined independently by the card issuer.
3. Interest-free repayment period and minimum repayment amount
The "Notice" cancels the maximum interest-free repayment period, minimum repayment amount standards and additional requirements for overdraft consumption The current regulations on conditions are determined independently by the card issuer based on commercial principles and cardholder needs.
4. The amount of cash withdrawals is increased from 2,000 yuan to 10,000 yuan
The "Notice" optimizes the management mechanism of credit card cash advance business and clearly defines cash withdrawals, cash transfers and cash recharges. Cash borrowing business type. The daily cumulative limit per card for cardholders to handle cash advance withdrawals through ATMs has been increased from RMB 2,000 to RMB 10,000. Cash transfers and cash recharges to my bank settlement account and payment account are allowed.