each credit card needs to be set with a transaction password, and the cash advance function must be turned on before it can be cashed.
access: log in to credit card online banking, and click "card management" → "transaction password management" to follow the prompts.
more ways
mobile banking: log in to credit card mobile banking, enter "card management" → "transaction password management" and follow the prompts.
telephone voice: dial the credit card service hotline, verify your identity, press 3, and then press 3 to enter "transaction password setting and modification".
cash advance by online banking/cash advance by telephone can transfer the required funds to China Merchants Bank Card in my name in real time (the account opening documents of the credit card and the card must be the same). Supplementary cardholders can borrow cash in advance by telephone, but not by online banking.
operation way:
1. cash advance by online banking: log in to credit card online banking and click "installment financing" → "cash advance".
2.
Cash advance by phone: Call the credit card service hotline, verify your identity, press 4, and then press 2 to enter "Cash advance by phone".
cardholders of unlimited cards and platinum cards should also apply for cash advance by phone through the service hotline 4825555.
ATM credit card transfer is equivalent to cash advance, and funds can be transferred to any bank's UnionPay card (not limited to my name), and the limit of transfer, handling fee and interest collection are consistent with cash advance.
handling fee: the handling fee for domestic RMB cash advance is 1% of each cash withdrawal amount, and the minimum charge is 1 yuan RMB; The handling fee for overseas cash advance is 3% of each cash withdrawal amount, and the minimum charge is USD 3 or 3 yuan RMB (American Express Card-Centurion Black Gold Card, American Express Card-Centurion Platinum Card is USD 5 or 3 yuan RMB). There is no inter-bank handling fee for cash advance.
interest: advance cash does not enjoy interest-free repayment. From the date of cash withdrawal to the date of settlement, interest will be charged at the daily rate of .5 ‰, and compound interest will be charged on a monthly basis.
limit: the advance cash limit is generally 5% of the credit limit (except for cards with special provisions). At the same time, the maximum daily cash advance for each card in China is RMB 2,; The cumulative amount of cash advanced by each household on overseas non-UnionPay lines shall not exceed the equivalent of US$ 1, per day, US$ 5, within one month and US$ 1, within six months.
(You can consult any information you want about China Merchants Bank's credit card service online through QQ or WeChat. Method 1: Search for 4825555 among QQ corporate friends, and add China Merchants Bank Credit Card Center as friends; Method 2: Search for the number "cmb4825555" on WeChat and pay attention to China Merchants Bank Credit Card Center. )