Although credit cards are mainly used for swiping purchases, sometimes there is no way to use cash and you only have a credit card, so you can only use the credit card to withdraw cash. Card friends are very curious. CITIC Taobao co-branded credit card is mainly used for online shopping. How can it be used? Can I withdraw cash like other credit cards? How is the cash withdrawal fee calculated?

1. Cash withdrawal limit of CITIC Taobao co-branded card CITIC Taobao co-branded credit card is a co-branded credit card jointly owned by Taobao and Alipay under CITIC Bank and Alibaba Group. You can also earn points by shopping online. CITIC Taobao Card is the same as other credit cards, you can overdraft and withdraw cash. The limit of CITIC Bank Taobao credit card is generally about 1,000-10,000, and the cash withdrawal limit is about 30 of the credit limit. So the higher the credit card limit, the more money you can withdraw.

2. CITIC Bank Taobao card cash withdrawal handling fee: local counterpart cash withdrawal handling fee: 2% of the transaction amount; minimum 20 yuan; local inter-bank cash withdrawal handling fee: 2% of the transaction amount; minimum 20 yuan; non-local counterparty cash withdrawal handling fee Fee: 2% of the transaction amount; minimum 20 yuan; Cross-regional inter-bank cash withdrawal fee: 2% of the transaction amount; minimum 20 yuan; Overseas UnionPay cash withdrawal fee: 3% of the transaction amount; minimum 30 yuan; Overseas non-UnionPay cash withdrawal fee: regular card This service is not available for gold cards. Platinum cards are charged 3% of the cash withdrawal amount, with a minimum of 3 US dollars, 30 Hong Kong dollars or 3 euros. In fact, it is not recommended to withdraw cash with a credit card. Basically, all credit card cash withdrawals have handling fees, and there is no interest-free period. From the date of withdrawal, interest will be 0.05% per day until it is paid off. Once you actually withdraw cash with a credit card, remember to pay it back in time. The longer you delay, the more the handling fee will be, which is equivalent to compound interest.