Agricultural Bank of China credit card cash withdrawal is actually a credit card cash advance. The amount within the credit card limit is transferred to the bank provided in your name. The Agricultural Bank of China itself supports this service because you can earn handling fees and Interest, but it is not very friendly to cardholders.

Will there be any impact on the Agricultural Bank of China credit card withdrawal?

There is no direct impact in terms of use. It is also a behavior supported by the Agricultural Bank of China, but it will have some impact on individual users, such as the following points.

1. It increases the user’s repayment pressure. If the user wants to withdraw cash, the bank will need handling fees, and will also calculate corresponding interest. According to the calculation method of daily interest rate of 0.5% and handling fee of 1%, the cost is already a considerable amount. Secondly, for users who are under normal repayment pressure, they can choose the minimum or installment repayment, but when withdrawing cash, they must pay it off in one go when the bill is due. They cannot enjoy the minimum, which is very stressful.

2. It may have an impact on the user’s subsequent quota increase. After all, although the Agricultural Bank of China supports users to withdraw cash, if they do so, the bank system may adjust the credit granted to the user if it feels that the repayment risk is high, so it will be more difficult to withdraw the amount. The above is the answer to "Will there be any impact on the withdrawal of credit cards from Agricultural Bank of China?" In general, the main consideration is the repayment cost and repayment pressure of cash withdrawal, which many users find unacceptable, and it may also have an impact on the bank system evaluation and limit increase, so users should think carefully before operating.

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Huinong Credit Card is China Launched by Agricultural Bank of China on January 6, 2009, it is a special loan-in-one product specially tailored for high-end customers in counties and rural areas with good credit concepts. It is one of the Agricultural Bank of China's Golden Harvest Card series products. Huinong Credit Card can not only be used as a tool for your payment settlement, savings and financial management, but also can be credited by our bank to meet your short-term and frequent capital turnover needs, and provides a number of personalized auxiliary functions to comprehensively serve your production and life.