I believe that many credit card holders mistakenly deposit cash into credit cards that are not in arrears. Although credit cards can also be cashed out like savings cards, it is a headache that withdrawing cash from credit cards is not that simple. As the saying goes, it is easy to deposit money into a credit card, but difficult to take it out! What should I do if I accidentally deposit a large amount of cash into my credit card?
a certain amount of handling fee is required to take out the money deposited in the credit card. Many people will choose the next consumption to use up the amount in their credit cards. In fact, some banks' credit cards have relaxed the system of cash withdrawal for overpayment, some banks have completed free cash withdrawal, and some banks have made preferential measures for cash withdrawal. For example,
At present, Huaxia Bank, China Bank, Shanghai Pudong Development Bank, Minsheng Bank, Industrial and Commercial Bank of China, and China Construction Bank have implemented fee-free withdrawal of credit card overpayments, in which Huaxia Bank's daily withdrawal of credit card overpayments does not exceed 2, yuan, and Minsheng Bank's credit card overpayments exceed 5, yuan, which requires an appointment in advance.
At the same time, there is no handling fee for transferring the credit card overpayments of Bank of Communications, China CITIC Bank and Citibank to our bank account, but there is still a handling fee for direct cash withdrawal. If the credit card overpayment of China Merchants Bank, China CITIC Bank and Shenzhen Development Bank is transferred to a savings card for cash withdrawal, a handling fee of .5% of the transferred amount will be charged. Everbright Bank and Agricultural Bank charge a handling fee of 1% for withdrawing the overpayment.
Overpayment Discount for Off-site Cash Withdrawal
Generally, cross-bank cash withdrawal by debit card requires a handling fee, so can cross-bank cash withdrawal by credit card be allowed?
Huaxia Bank and Shanghai Pudong Development Bank have implemented the inter-bank cash withdrawal of credit card overpayments, while Guangfa Bank is exempt from handling fees at all banks' ATMs. However, at the end of December, Minsheng Bank will only charge 1% handling fees for the inter-bank cash withdrawal of credit card overpayments of more than 5, yuan.
Finally, I would like to remind all cardholders that if they want to use credit card overpayment to withdraw cash from different banks, they must determine the amount of "overpayment" in their cards. If it is "overdraft withdrawal", they will not only pay the handling fee, but also generate interest every day. If the amount of overpayment in the credit card is relatively small, I suggest you use it as much as possible by swiping the card!