Credit card fees are generally divided into cash withdrawal fees and credit card fees. Withdrawal fee: Different banks have different regulations on the withdrawal fee of credit cards. The general withdrawal fee is about 1% of the withdrawal amount, and the minimum and maximum fees will be limited. In order to prevent the cash withdrawal function of credit cards from being used for cash withdrawal, most credit cards will charge cash withdrawal fees, and some special cards will be exempted from handling fees within a certain number of times and amount of cash withdrawal. Credit card handling fee: According to different industries, merchants need to pay different fees to UnionPay. According to the regulations, this fee is paid by the merchant to UnionPay and does not need to be borne by the consumer. The handling fee for POS card swiping belongs to the operating cost of the merchant, which should be borne by the merchant, and consumers can refuse to pay. The first type of merchants include catering, hotels, entertainment, jewelry and gold ornaments, and arts and crafts (the general discount rate is 2%-2.5%); The second type of merchants include real estate, automobile sales and wholesale (the general discount rate is 1%, and you can apply for a single-comparison transaction cap); The third type of merchants include gas stations and supermarkets (the general discount rate is 0.5%-1%); The fourth type of merchants include public hospitals and public schools (generally, the discount rate varies from region to region); The fifth category of merchants includes the general category (the general discount rate is 1%-3%). According to the new standard of credit card fee, the service fee rate of issuing bank is lowered to 0.35% for debit card transaction and 0.45% for credit card transaction. In addition, the network service fee charged by the bank card clearing institution is reduced to no more than 0.065% of the transaction amount, and the card issuer and the acquirer each bear 50%.

: 1. Credit card, also known as debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

2. The credit card stipulated in the relevant laws of China (Interpretation of the Provisions of the NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal? . 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.

3. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when spending, and it will be repaid on the bill date. Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

How much is the cash handling fee and interest for cash withdrawal by credit card?

The calculation method of cash withdrawal fee for credit cards in different banks may be different, and most of them are charged at one time according to the transaction amount of 1%, which can be implemented in accordance with the bank regulations corresponding to credit cards. However, the calculation method of cash withdrawal interest is the same, and it is charged on a daily basis according to five ten thousandths of the transaction amount, from the date of cash withdrawal to the day before the repayment date.

Assuming that 1 October 30th, 65438+ 1, 1000,1is cashed out by credit card, the fees and interest generated are calculated as follows:

1. The handling fee is charged at 1% of the transaction amount, with a minimum of 10 yuan. If it is 1000, the handling fee is 1000 1%= 10 yuan.

2. Interest is charged at 0.5 ‰ per day, with cash withdrawal of 1000 and daily interest of 10000.05%=0.5 yuan. There are 29 days from the date of cash withdrawal to the day before repayment, and the total interest is 0.529= 14.5 yuan.

The above is a simple calculation. In fact, since the compound interest will be calculated after the bill is paid, the interest may be more than before.

Extended data:

Credit cards are only suitable for short-term emergency loans. Don't try to live on them. The purpose of financial management design of various products is to make money, not to "help you by the way". So don't fall into the credit card trap:

1. Credit cards can easily lead to excessive consumption. This is a common problem for people who are stuck in debt. There is no intuitive feeling of withdrawing money by swiping the card, so spending by swiping the card is more unrestrained.

2. The annual interest rate of credit card is as high as 18%, which is true and can make the borrower lose blood quickly.

3. Credit card debt brings mental stress. Kanu is often afraid to open the mailbox or mail.

4. If the credit is not good, the cost of borrowing money is higher, or even you can't borrow money.

5. Credit card provides a kind of choice to support debt by debt and quench thirst by drinking poison, which leads to debt out of control.

Baidu encyclopedia-credit card

Baidu Encyclopedia-CCB Credit Card

How to calculate the handling fee for credit card withdrawal

Credit card cash withdrawal business can be divided into domestic cash withdrawal and overseas cash withdrawal, and the fee calculation of the two cash withdrawals is different. For domestic cash withdrawal, the handling fee is charged directly according to 1% of the cardholder's cash withdrawal amount, with the lowest 2 yuan and the highest 100 yuan; A handling fee of 3% of the cash withdrawal amount is charged for overseas cash withdrawal, with a minimum of $3. It should be noted that the cash withdrawal amount of a credit card cannot exceed 50% of the credit line of the credit card.

How much is the credit card withdrawal fee? Summary of charging standards of major banks

You don't have enough money on hand. Credit card withdrawal can help you solve the problem, but there is an extra charge for cardholders, because credit card withdrawal does not enjoy interest-free overdraft rights, and banks need to charge fees and interest. Then, how much is the handling fee for cash withdrawal by credit card? Different banks charge different fees.

First, the Bank of Communications credit card withdrawal fee

1) domestic cash withdrawal: 1% of the transaction amount, with a minimum of 10 yuan per transaction.

2) Overseas cash withdrawal: Cash withdrawal through UnionPay channel is charged at 1% of the transaction amount, with 12 yuan added for each transaction, with a minimum of 15 yuan for each transaction; Charge 1% of the transaction amount through the VISA/MASTER channel, with a minimum of $5 per transaction.

Two. Guangdong Development Bank credit card withdrawal fee

1) domestic cash withdrawal: according to the amount of each cash withdrawal, the minimum is 10 yuan/transaction; ATM withdrawals from 4 yuan/pen 20 17 10 to 20 18 12 3 1 free.

2) Overseas cash withdrawal: 3% of the cash withdrawal amount, with a minimum of 15 yuan RMB per withdrawal.

Three, the construction bank credit card withdrawal fee

1) Withdrawal through the bank or UnionPay network: 1% of the withdrawal amount is charged for each withdrawal, with the lowest 2 yuan and the highest 100 yuan.

2) Withdrawal through non-UnionPay network: 3% of the cash withdrawal amount is charged for each withdrawal, with a minimum of $3 or $3.

Four, CITIC Bank credit card withdrawal fee

1) Domestic cash withdrawal: 2% of the cash withdrawal amount, and the minimum standard is 20 yuan per transaction.

2) Overseas cash withdrawal: calculated according to 3% of the cash withdrawal amount, the minimum standard is 3 yuan RMB USD, HK$ 30 or Euro3; Enjoy domestic cash withdrawal discount through UnionPay channel.

Five, Shanghai Pudong Development Bank credit card withdrawal fee

1) domestic cash withdrawal: the handling fee is 2% of each cash withdrawal amount, and the minimum handling fee is RMB 20 per cash withdrawal.

2) Overseas cash withdrawal: the handling fee is 2% of each cash withdrawal amount, and the minimum fee is RMB 20 yuan/USD 2 yuan/EUR 2 yuan/GBP.

Six, China Merchants Bank credit card withdrawal fee

1) domestic cash withdrawal: the handling fee is 1% of each cash withdrawal amount, and the minimum is 10 yuan.

The above is the charging standard of the credit card withdrawal fee of major banks. Although different banks charge different fees, cardholders can make a budget. What needs to be more vigilant is to withdraw interest. The daily interest rate of five ten thousandths seems to be low, but in the long run it is not a small sum. Credit card application

How much is the cash handling fee and interest for cash withdrawal by credit card?

Under normal circumstances, the credit card withdrawal fee is charged at 1% of the withdrawal amount, and the minimum charge is 2 yuan; After the cash withdrawal is completed, the cash withdrawal amount will bear interest at the interest rate of five ten thousandths from the same day, and the cardholder is required to complete the repayment of the credit card cash withdrawal bill. Need to be reminded that credit card withdrawal cannot be repaid in installments or the minimum repayment amount, and it needs to be repaid in one lump sum after the bill comes out.

The advance cash limit is generally 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.

The handling fee for domestic RMB cash advance 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, and the minimum charge is USD 3 or 30 yuan RMB (USD 5 or 30 yuan RMB for American Express Card-Centurion Black Gold Card and American Express Card-Centurion Platinum Card). There is no inter-bank handling fee for cash advance.

Cash borrowed in advance does not enjoy interest-free repayment. From the date of withdrawal to the date of settlement, interest will be charged at the daily rate of 0.05%, and compound interest will be charged on a monthly basis.

The calculation method of cash withdrawal fee for credit cards in different banks may be different, and most of them are charged at one time according to the transaction amount of 1%, which can be implemented in accordance with the bank regulations corresponding to credit cards. However, the calculation method of cash withdrawal interest is the same, and it is charged on a daily basis according to five ten thousandths of the transaction amount, from the date of cash withdrawal to the day before the repayment date.

Assuming that cash 1000 is withdrawn by credit card, the fees and interest incurred are calculated as follows:

1. The handling fee is charged at 1% of the transaction amount, with a minimum of 10 yuan. If it is 1000, the handling fee is 1000 1%= 10 yuan.

2. Interest is charged at 0.5 ‰ per day, with cash withdrawal 1000, and daily interest 10000.5%=0.5 yuan, from the date of cash withdrawal to the day before repayment.

This is the end of the introduction on how to calculate the cash withdrawal fee of credit card and how to calculate the cash withdrawal fee of Guangfa Credit Card. I wonder if you have found the information you need?