Credit cards contain many functions, such as cash withdrawal, which requires handling fees and interest. Different banks have different rules. I take Changsha Bank as an example.

How much is the handling fee and interest of Changsha Bank's credit card withdrawal?

1. Handling fee: 65438+ 0% of the cash withdrawal amount at one time, with the lowest 2 yuan; (VISA cards are withdrawn overseas, Hong Kong, Macao and Taiwan through the VISA network, and the handling fee is 3% of the withdrawal amount, with a minimum of RMB 20 per withdrawal).

2. Interest: There is no interest-free period for overdraft withdrawal, and it will be charged at the daily interest rate of 0.05% from the date of withdrawal until the overdraft withdrawal amount is fully paid off. Overdraft interest is compounded monthly.

Credit card overdraft withdrawal limit of Changsha Bank:

1. The cumulative number of cash withdrawals per ATM card per day cannot exceed 7, the cumulative amount cannot exceed 10000 RMB, and the cumulative total cash withdrawal limit cannot exceed 50% of the customer-level limit;

2. If the cash advance exceeds 10000 yuan, it needs to be handled at the counter;

3. The first cash withdrawal amount cannot exceed 1000 yuan.

Generally, the principal and interest of cash withdrawal by credit card will be reflected in the credit card bill, and the cardholder can repay by credit card repayment within the prescribed time limit. Because there is a charge for cash withdrawal, it is not recommended to use it frequently.