What is cash withdrawal? As the name implies, it is to withdraw cash. Cash withdrawal by credit card is one of the inherent functions of credit card itself. Cardholders can borrow money from banks in advance with credit cards, and the process of withdrawing cash with credit cards is called withdrawing cash with credit cards.
Credit card withdrawal is set up by the bank to meet the cardholder's urgent need for cash. At present, the charge standard for cash withdrawal by credit card is very high. When withdrawing the credit card, the handling fee of 1-3% will be deducted immediately, and the interest will be calculated at the rate of five ten thousandths per day, and the compound interest will be calculated monthly. Therefore, please do not use the credit card cash withdrawal function unless it is an emergency.