Credit card withdrawal usually involves two fees: 5% of the withdrawal amount as the basic fee and 1% of the handling fee. For example, if you withdraw 5, yuan, the handling fee will be 5 yuan. The daily interest is calculated based on the cash withdrawal amount plus the handling fee, that is, (5, yuan +5 yuan) times .5%, which is equal to 2.525 yuan. The repayment date is determined by the billing date, and the minimum repayment requirement is 1% of the total amount. As long as this ratio is reached, the bank will not charge a late fee, but the interest still needs to be paid. If you fail to repay for three consecutive months, the bank will blacklist you, which may affect your future loan application.

the essence of credit card is a payment tool provided by banks or credit card companies based on users' credit evaluation and financial status. When using, consumers do not need to pay cash immediately, but only need to settle the consumption amount on the billing date. However, please note that consumption and repayment should be planned reasonably to avoid extra expenses and damage to credit records.