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I want to withdraw 1,000 in cash using a China Merchants Bank credit card. How much will I have to pay back in one month?

Bank cash withdrawals generally charge an interest rate of 0.05 per day, and some banks also need to charge a certain handling fee.

Assume that there are 30 days in a month, the cash withdrawal fee is 1, and the daily interest is 0.05, then the amount to be repaid after one month is:

1000 1000*1 1000*0.05*30=1025 (yuan)

Since the cash withdrawal fee and the specific borrowing time are uncertain, the calculated repayment amount data is for reference only, and the specific information is subject to the page display.