How to transfer credit card money to a debit card

Credit cards do not have a transfer function, but a debit card with the same name applied for at the credit card issuing bank can directly transfer the credit card money to the debit card. , but be aware that transferring money from a credit card to a debit card is equivalent to withdrawing cash from a credit card.

You can transfer money from your credit card to your debit card through the following three methods: 1. Online banking transfer. 1. Log in to the bank's official website and click Online Banking to log in; 2. Fill in the correct user name and password to complete the login; 3. Select Transfer - Peer/Inter-bank Transfer, fill in the payee information correctly, click Submit and enter the mobile phone verification code and dynamic password correctly. The operation can be completed.

2. Transfer money through ATM machine. 1. Insert the bank card into the ATM machine, enter the password to log in; 2. Select transfer, enter the payee's account number, and click OK; 3. Confirm the payee's account number, enter the transfer amount, and click OK to complete.

3. Transfer over the counter. Just bring your ID card and bank card to the counter to transfer money.

Credit cards can only be transferred to debit cards of peers. Transfers to debit cards of peers are regarded as credit card cash advances. The bank will charge a handling fee of 1% of the transfer amount (minimum 10 yuan), and the transfer will be from From that day on, the bank will calculate compound interest at 50,000 per day. You can transfer funds to your counterpart's debit card through our bank's ATM machines or log in to credit card online banking. Log in to online banking and select the transfer function to transfer funds.

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Can credit cards be transferred directly?

Yes

First of all, in the latest credit card policy, credit cards can be transferred to bank cards. There are two forms of transfer:

1. Bank credit card transfer. You can transfer funds from your credit card to the bank's debit card. The handling fee is about 1%, and interest is calculated on the day of transfer. The daily interest rate is 0.05%, and the annualized rate is about 18%. Currently, basically all banks can do this, but the interest rate is relatively high.

2. You can recharge credit card money to the payment account, and then withdraw cash to the debit card. This function can only be done by payment companies. Alipay’s credit card recharge function has been discontinued. Shou, who cooperates with Yijifu, Cailu can also do it, with a handling fee of about 0.5% and no interest. The disadvantage is that the daily limit is only 30,000 ~ Bank of Communications is not supported.

Credit card transfers are possible, but there are restrictions. According to the regulations of a certain bank, under normal circumstances, if you use a credit card to withdraw cash overdraft, the daily limit for cash withdrawal is 2,000 yuan. The handling fee is 1% of the cash withdrawal amount, with a minimum charge of 10 yuan. In addition to the procedures, there will also be a daily withdrawal fee. Interest of five ten thousandths of the amount.

To make a credit card transfer, you must have a debit card from the bank and open one of telephone banking, online banking, and mobile banking. After transferring and borrowing cash, cardholders must pay for it and pay related fees. Interest of 0.05% is charged every day, and relevant handling fees are also charged.

How to transfer funds from a credit card to a bank card

1. Overpayment transfer

Overpayment transfer means that you have to withdraw excess money from your credit card. You can transfer money to a peer savings card under your name, and it is not free. A certain handling fee is required, usually 0.5%-3%.

2. Cash advance

Direct credit card transfer is equivalent to a cash advance. Funds can be transferred to any bank’s UnionPay card at designated bank ATMs in designated cities (not Only in my own name). The prerequisite for direct transfer using a credit card is that you must have a debit card from the bank and open one of telephone banking, online banking and mobile banking. In addition to handling fees, this type of transfer will also charge interest. From the date of transfer, interest will be calculated at 50,000% of the daily transfer amount. Moreover, the amount that can generally be transferred is 50% of the credit card limit.

3. Cash installment transfer.

According to the credit limit and card usage record of the cardholder, the cash installment amount that can be obtained is also different. For example, the maximum cash installment amount from China Merchants Bank is 50,000 yuan.

After the cash installment is successfully processed, the money will be transferred to the debit card in the name of the cardholder. In terms of fees, there is no interest for cash installment, but there is a handling fee.

Notes on credit card transfers:

Usually credit cards have a fixed limit and a cash withdrawal limit, and the cash withdrawal limit is configured according to 50% of the credit card limit.

For credit card overdraft withdrawals, in addition to the cash withdrawal handling fee (0.5% of the cash withdrawal amount, at least 2 yuan), starting from the day of withdrawal, an interest of 0.05% of the cash amount will be charged every day. The maximum withdrawal limit for each card is 2,000 yuan, and the cumulative cash withdrawals shall not exceed half of the credit card limit.

When many banks provide cash advances, they can only withdraw the cash to the bank card that goes with the credit card, so it is best for users to prepare a debit card that goes with the user's credit card in advance.

There is no interest-free period for credit card cash advances. Users need to pay interest at a daily interest rate of 0.05% from the day of the advance. The maximum credit card cash advance amount is 50% of the total amount. If If the remaining usable limit of your credit card is less than 50%, you can only withdraw the remaining limit.

This is the end of the introduction on how to use credit card to transfer money and how to use credit card to transfer Alipay. I wonder if you found the information you need?