Legal Subjectivity:

Cash-out with credit cards is illegal. If the punishment is serious, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or solely be fined not less than one time but not more than five times the illegal income. Regarding the question of whether cashing out with a credit card is illegal, the editor below will give you a detailed answer. 1. Is cashing out with a credit card illegal? 1. Cashing out with a credit card is illegal. If the circumstances are serious, the person shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or solely be fined not less than one time but not more than five times the illegal income; if the circumstances are particularly serious, he shall be sentenced to fixed-term imprisonment of not less than five years and shall be fined not less than one time but not more than five times the illegal income. A fine of not more than 10 times or property confiscation may be imposed. 2. Legal basis: Article 225 of the "Criminal Law of the People's Republic of China" Whoever violates state regulations and commits one of the following illegal business activities, disrupting market order, and the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention , shall be concurrently or solely fined not less than one time but not more than five times the illegal income; if the circumstances are particularly serious, shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined not less than one time but not more than five times the illegal income or have property confiscated: (1) Operating without a license Specializing in, monopolizing items or other restricted items as stipulated in laws and administrative regulations; (2) Buying and selling import and export licenses, import and export certificates of origin, and other business licenses or approval documents stipulated in laws and administrative regulations; (3) ) Illegal operations of securities, futures, and insurance businesses without approval from relevant national competent authorities, or illegal activities of fund payment and settlement business; (4) Other illegal business activities that seriously disrupt market order. 2. What is a malicious overdraft? 1. If the cardholder overdrafts beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and fails to return the overdraft for more than 3 months after being called upon twice by the card-issuing bank, it shall be deemed as Article 19 of the Criminal Law. "Malicious overdraft" as stipulated in Article 16. 2. Any of the following circumstances will be deemed as "illegal possession for the purpose": (1) Overdrafting a large amount of money while knowing that one has no ability to repay and cannot return it; (2) Spending the overdraft funds wantonly and cannot return them; (3) Escape after overdraft, change contact information, and avoid bank collection; (4) Escape and transfer funds, hide property, and evade repayment; (5) Use overdraft funds to carry out illegal and criminal activities; (6) Other illegal possession of funds, The act of refusing to return. Based on what has been said above, cashing out on a credit card will definitely constitute a crime once it is discovered. If the amount of overdraft reaches a certain level, the judgment will be based on the amount. I hope the above content can be helpful to you. If you have other questions, you can click the button below for consultation, or go online to consult a professional lawyer. The law is objective:

Article 196 of the Civil Code: Whoever commits credit card fraud in one of the following circumstances and the amount is relatively large shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined 20,000 yuan. A fine of not less than 50,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or have property confiscated: (1) Using a forged credit card, or using a credit card fraudulently obtained with false identification; ( 2) Using an expired credit card; (3) Pretending to use another person’s credit card; (4) Malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank. Anyone who steals a credit card and uses it for the crime of theft shall be convicted and punished in accordance with the provisions of Article 264 of this Law.