Credit cards can be used to withdraw money.

Credit card cash withdrawal is different from credit card cash withdrawal. Credit card cash withdrawal is one of the inherent functions of the credit card itself. Cardholders can use the credit card to withdraw cash from the bank. Credit card cash withdrawal mainly includes overdraft cash withdrawal and overpayment cash withdrawal. .

Interest is required for overdraft withdrawals, and interest is calculated from the day you withdraw cash. However, interest is not required for overdraft withdrawals, and you only need to pay part of the handling fee, which depends on the regulations of each bank. .

1. Domestic:

If there is a UnionPay logo on the credit card, it means that the card has joined the China UnionPay organization. Cardholders can withdraw cash at any ATM with the UnionPay logo

2. Overseas:

Except for Hong Kong, Macao and Taiwan, there are many countries where the UnionPay system is not popular, so most overseas cash withdrawals require going through international card organization channels. This depends on whether you hold It is an international card. To tell the difference, just look at whether there is a logo of a credit card organization such as Visa or Master on the credit card in addition to UnionPay.

Extended information:

The credit card overdraft withdrawal rates of the five major banks are relatively low. Generally, it is charged 0.5%-1% of the cash withdrawal amount. CCB will charge 0.5% of the withdrawal amount for withdrawals through our bank or UnionPay network, with a minimum of 2 yuan and a maximum of 50 yuan.

ICBC customer service stated that customers do not need to pay handling fees when withdrawing deposits on their ICBC debit cards at the local bank where their account is opened. If you withdraw cash from ICBC in another place, a handling fee of 1% of the cash withdrawal amount will be charged, with a minimum of 2 yuan and a maximum of 100 yuan. A handling fee of RMB 2 or RMB 4 per transaction will be charged for inter-bank transactions.

The customer service staff of Agricultural Bank of China said that credit cards are used for consumption and it is not recommended to withdraw cash. Generally, the handling fee is 1% of the principal of the cash withdrawal, with a minimum of 1 yuan per transaction, and an additional 2 yuan for each transaction between banks. .

BoCom charges 1% of the transaction amount for domestic RMB cash withdrawals, with a minimum of RMB 10 per transaction (domestic RMB cash withdrawals with Y-POWER credit card, RMB 5 per transaction); while Bank of China charges 1% of the transaction amount based on Great Wall series cards and Bank of China series cards. Cards are differentiated.

While the credit card cash withdrawal rates of other joint-stock banks are higher than those of the five major banks, the domestic overdraft cash withdrawal fee of China Merchants Bank's credit card is 1% of the amount of each cash withdrawal, with a minimum charge of 10 yuan; no inter-bank handling fee is charged.

The Shanghai Pudong Development Bank charges a cash withdrawal fee of 2% of the cash withdrawal amount, with a minimum of 20 yuan. When using a GF credit card overdraft to withdraw cash in the Mainland, handling fees and interest will be charged. The handling fee is charged at 2.5% of the withdrawal principal, with a minimum fee of 10 yuan. Everbright Bank's cash withdrawal fee is 2.5% of the transaction amount, with a minimum of 10 yuan per transaction.

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