How to charge for cash withdrawal from different places by credit card?
If, like this friend, you are not in the card issuing place and want to withdraw cash by credit card, you must know whether the so-called remote place is at home or abroad. Because there are differences between domestic and foreign credit card withdrawal fees, and the charging standards of individual banks are not necessarily the same.
Most banks charge 1% of the cash withdrawal amount, and the charging unit is RMB, but there will be upper and lower limits; The charging standard for overseas off-site cash withdrawal is 65438+ 0%~3% of the cash withdrawal amount. The charging unit is USD, and there will be upper and lower limits.
In addition to the handling fee, credit card withdrawals from different places can not enjoy the interest-free period.
All bank credit card withdrawals require interest, with a daily interest rate of 0.5 ‰ and monthly compound interest, starting from the date of withdrawal. For example, if you take 10000 yuan, one day's interest is 5 yuan, and one month's interest is 150 yuan, which is very high. If you don't pay it back this month, you will get compound interest next month. Over time, compound interest will be serious.
Therefore, unless absolutely necessary, don't withdraw cash easily by credit card. If there is a real cash demand, see if you can apply for credit card cash installment. Although you have to pay the installment fee, compared with the withdrawal, the fee you have to pay is still relatively small.
The above is the introduction of "how to charge for cash withdrawal from different places by credit card", and I hope it will help everyone. In short, there are two existing fees for credit cards in different places, one is the withdrawal fee, and the other is the withdrawal interest. It is not cost-effective to withdraw cash for a long time. It is best to avoid withdrawing cash by credit card.