By the way, cash withdrawal by credit card is different from cash withdrawal by credit card. Cash withdrawal by credit card is one of the inherent functions of credit card itself. Cardholders can withdraw cash from the bank by credit card. Credit card withdrawal mainly includes overdraft withdrawal and overpayment withdrawal. You need to pay interest for overdraft cash withdrawal, and the interest will be calculated from the day you withdraw cash, while the overpayment cash withdrawal does not require interest, only a part of the handling fee, depending on the bank's regulations.
It is precisely because the credit card withdrawal is set up by the bank to meet the cardholder's urgent need for cash, so the current charge standard for credit card withdrawal is very high. Generally, the handling fee of 1-3% will be deducted immediately when the credit card is withdrawn, and the interest will be calculated according to the daily interest rate of five ten thousandths, and the compound interest will be calculated monthly. Therefore, please do not use the credit card cash withdrawal function unless it is an emergency.