Credit card cash advances have interest, and the interest is charged on a daily basis, and interest is generated at 0.05 per day. Next, the editor of Jintou will introduce the calculation method of credit card cash advance interest
Interest is calculated from the time the cash advance is processed until it is paid off. The repayment date of the cash advance is the same as the repayment date of the credit card. The principal and interest of the cash advance are fully included in the minimum repayment amount of the credit card bill. This One-time settlement is required.
In addition, if you perform cash splitting business, you can transfer part of the credit card amount to a debit card. This service is free, but you must pay a handling fee.