Credit card withdrawal does not affect personal credit, and only failure to repay or overdue repayment will affect credit records. It is recommended not to withdraw cash easily.

it should be noted that the withdrawal amount of the credit card needs to be fully repaid. If the user fails to pay on time or in full, the bank will consider the payment overdue. If the repayment is overdue, personal credit information will be affected.

there is a limit on the withdrawal amount of a credit card, which is usually 5% of the credit limit. Only a few cards can withdraw 1% credit limit.

what are the hazards of withdrawing cash directly from a credit card?

The direct withdrawal of cash by credit card has the following hazards:

1. The high interest expense is different for different banks;

2. High formalities fee;

3. The amount of cash withdrawn by credit card is limited;

4. Late withdrawal of credit cards will be restricted;

5. It will be considered as suspected of cashing out, thus affecting personal credit information.