If you borrow cash in advance with a credit card and pay it back on the same day, one day's interest will be calculated and a handling fee will be charged.

(China Merchants Bank)

Handling fee: Domestic RMB cash advance fee is 1% of the amount of each cash withdrawal, with a minimum charge of 10 yuan per transaction; overseas cash advance fee It is 3% of the amount of each cash withdrawal, and the minimum charge is 3 US dollars or 30 yuan per transaction (American Express-Centurion Black Gold Card, American Express-Centurion Platinum Card charges a minimum charge of 5 US dollars or 30 yuan per transaction) . There is no inter-bank handling fee for cash advance.

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

Limit limit: The cash advance limit is generally 50 of the credit limit (except for cards with special provisions). At the same time, the daily cumulative cash advance amount of each domestic card is capped at RMB 2,000; the daily cumulative cash advance amount of each household for overseas non-UnionPay lines does not exceed the equivalent of US$1,000, and the cumulative amount within one month does not exceed the equivalent of US$5,000. , the cumulative amount within 6 months does not exceed the equivalent of US$10,000.