in the case of China merchants bank credit card, the cash advance limit is set according to your card usage, which is included in the credit limit of the credit card. Generally, the total withdrawal limit does not exceed 5% of your credit limit (1% can be advanced for YOUNG cards). Please call the 24-hour customer service hotline of the credit card for details.
cash advance will generate corresponding handling fees and interest. Handling fee: the handling fee is calculated at 1% of each cash advance in domestic RMB, with the minimum charge of ￥1 yuan for each cash advance, and the handling fee is calculated at 3% of each cash advance in overseas (including Hong Kong, Macao and Taiwan), with the minimum charge of ￥3 yuan or $3 for each cash advance (American Express Card-Centurion Black Gold Card and American Express Card-Centurion Platinum Card are charged at a minimum of ￥ 5 or ￥ 3 yuan); Interest: Cash advance transactions are not entitled to interest-free repayment. From the trading day, interest will be charged at the daily interest rate of .5 ‰ until the settlement date, with compound interest on a monthly basis.