One; Some banks' credit cards have installment payment limits, and consumption can be paid in installments. Installment payment uses the installment amount of the credit card, and the available amount in the credit card will not be reduced, so credit card holders can use the credit cards of these banks for "secondary consumption": pay by installment first, use up the installment amount, and then directly swipe the card to consume the available amount within the credit card limit, so that they can consume the installment amount+the amount within the credit card limit.
Second: Then, using the above cashing method, you can easily cash out the installment amount and the credit card amount, and realize the double cashing of the credit card! For example, if someone's credit card limit is 10000 yuan and the installment limit is 20000 yuan, then he can go to the designated shopping mall to buy 30000 things, thus realizing double cash! No matter which way you cash your credit card, it is strictly forbidden by the bank. Once discovered by the bank, it may lead to the freezing of your credit card and even affect your personal credit record, so you must think carefully before implementing cash withdrawal.
Third, the growing third-party payment institutions are gradually invading the bank card acquiring market. According to statistics, banks account for 70% of the transaction volume in the acquiring market, and third-party payment institutions account for 30%. As a new force in the acquiring market, third-party payment institutions must seize the opportunity and expand the scale of issuance. However, personal third-party payment has laid a hidden danger for credit card cashing when promoting personal POS machines. Some readers reported to beijing business today today that a mobile POS machine can swipe its card with a credit card and import funds into a debit card. As long as the cardholder pays 1% credit card fee, the funds in the card can be easily "stolen".