Calculation formula of credit card 5/10,000:

Credit card annualized interest rate=10000×0.05×365÷10000=18.25

Through conversion, it can be seen that the bank charges The credit card cash withdrawal interest or overdue interest is obviously higher than the loan interest rate of 6.15 in the market, and is even more than 6 times the current bank deposit interest rate. Therefore, in addition to avoiding overdue repayments, cardholders can also use the cash advance function of their credit cards instead of cash withdrawals.