Does anyone know how to withdraw cash with a credit card in Hangzhou?

You can cancel directly at the bank's ATM machine, but there will be a handling fee, and if you withdraw cash, there is no interest-free period. There is an interest of 0.5% per day, starting from the time of withdrawal. , it’s not worth it, it’s more cost-effective to use a credit card for shopping.

Can Hangzhou Bank credit cards be used to withdraw money from CCB ATMs

Credit cards can be used to withdraw money, but there is a handling fee. The local ATM in Hangzhou charges 4 yuan for each inter-bank transaction, and only 4 yuan is charged for each transaction. You can withdraw up to 2,000 yuan.

Interest-free repayment refers to consumption, not cash withdrawals. Cash withdrawals are charged on a daily basis, and the interest rate is quite high. You must pay attention to this.

How does a credit card work? To withdraw cash, do you have to go to an ATM to withdraw cash, or do you have to go to a POS machine to make purchases? Where can I find one around Hangzhou?

General credit card issuing banks allow cash withdrawals, but I don’t recommend this.

First, the maximum withdrawal can only be 50. The limit is very high.

Second, the interest rate is not low. Just look at the withdrawal instructions on your credit card software and you will know that the interest rate is indeed very high.

Now almost everyone with a credit card owns a POS machine. These POS machines will initially require a deposit of 100 to 200, and then the deposit will be refunded to you after you have swiped enough money within a few months. The fee rate is generally 0.6 3 to 0.7 3

That is, if you spend 10,000 yuan, the POS machine will deduct a handling fee of 60 3 = 63 or 70 3 = 73 yuan.

This is reasonable. Do not install a low-rate POS machine just because you are greedy for cheap. Most of these machines use code hopping to obtain greater profits. In this case, it will be very bad for your credit card. If you use it too much, the bank will reduce the limit or even block the card.

We'd better learn to check whether the consumption at the POS machine is from a real merchant, and whether each card transaction has points. In this way, no matter what POS machine you use, as long as it meets the above two points, is a real merchant, and has points. Just use it casually, there won't be any problems, and in the end the bank may even give you a credit limit so you can continue spending.

Query method: Quickly check whether the POS machine transaction merchant is authentic and whether the transaction has points!

Can I withdraw cash with Hangzhou Bank Meituan Credit Card? Pay attention to these matters

Hangzhou Bank has also jointly issued a co-branded card with Meituan. When you apply for the card, you can enjoy early adopter privileges, 6 yuan off every day on delicious food and other Meituan benefits. In addition to using credit cards for consumption, many cardholders will definitely want to use them when they are short of money. So, can I withdraw cash with Hangzhou Bank Meituan Credit Card? Let’s find out together below.

On the details page of Bank of Hangzhou Meituan Credit Card, the official introduction is as follows: Bank of Hangzhou Meituan Credit Card has basic functions such as overdraft consumption, withdrawal, repayment and transfer settlement. And this cash withdrawal is cash withdrawal, so the Bank of Hangzhou Meituan Credit Card can withdraw cash.

However, according to the limit in the Hangzhou Bank Meituan Credit Card, it can be divided into two cash withdrawal methods, one is cash withdrawal within the credit limit; the other is cash withdrawal outside the credit limit, that is, overpayment withdrawal. The two different withdrawal methods involve different withdrawal limits and withdrawal fees. The details are as follows:

1. Withdraw cash within the credit card limit:

With the cardholder Meituan Credit Card It depends on the limit. The maximum cash withdrawal limit cannot exceed 50% of the credit limit. The maximum amount of cash you can withdraw from an ATM every day is 5,000 yuan. If you want to withdraw more than 5,000 yuan, you need to go to the business hall of Hangzhou Bank to handle it.

A withdrawal fee of 1% of the amount is charged, with a minimum of 10 yuan/transaction. If the withdrawal is successful, daily interest will be calculated at an interest rate of 0.5%. It should be noted that repayment is required after cash withdrawal, and the full repayment is required after the bill comes out. Otherwise, it will be overdue, and a penalty of 5% of the unpaid portion of the minimum repayment amount will be charged, with a minimum of 10 Yuan, and penalty interest will be charged.

2. Withdrawal beyond the credit card limit:

Withdrawal with excess payment is usually due to overpayment, or the credit card is used as a debit card to save money. If you withdraw your own money, there is no withdrawal fee, there is no limit on the withdrawal limit, and there is no need to repay. [img]

That’s it for the introduction of credit card cash withdrawal in Hangzhou.