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How to withdraw cash from a credit card to WeChat change How to withdraw cash from a credit card to WeChat change

Credit cards do not currently support withdrawals to mobile WeChat. Because WeChat only accepts cash withdrawals from debit cards in mainland China. Users can bind their credit cards to WeChat so that they can pay by credit card when clearing online or offline transactions. Credit cards cannot send red envelopes or make transfers directly in WeChat, because this is a cash-out behavior. On July 26, 2010, the central bank headquarters clearly stated that cashing out by credit card is illegal. Credit cards can be used to recharge phone bills, recharge data, etc. on WeChat. This can be regarded as swiping the card for consumption, not to mention transferring money and withdrawing cash. For this type of consumption, users need to follow the bank statement in the next month and repay the loan normally. The above is the relevant content on how to withdraw cash from credit card to WeChat change. Can I withdraw cash with a credit card?

You can withdraw cash with a credit card. The cash withdrawal limit of a credit card is 50% of the credit limit. In other words, a credit card with a credit limit of 10,000 yuan can withdraw 5,000 yuan. Yuan. Cash withdrawal with a credit card is not equivalent to cashing out. Cash withdrawal is an act approved by the bank, while cashing out is an illegal operation carried out in violation of regulations. At the same time, not all credit cards can withdraw cash. Some credit cards need to activate the cash withdrawal service before they can withdraw cash normally. There are two main ways to withdraw cash with a credit card:

1. Overdraft withdrawal: Withdrawing cash from the credit limit of a credit card requires interest and cash withdrawal service fees;

2. Cash withdrawal from a credit card overpayment : Credit card overpayment, although it is the money that the user personally deposits into the credit card, many banks still charge a certain service fee for withdrawing the funds.

This article mainly writes about the knowledge points about how to withdraw cash from credit card to WeChat change. The content is for reference only.