what should I do if I can't get my credit card? It is urgent to try these methods!

as we all know, credit cards can not only overdraw consumption, but also withdraw cash, which can solve the urgent need for cardholders to continue. However, credit card withdrawal is not always successful, so there are often card friends who say that their cards can be used, but they just can't get cash. So, what if the credit card can't be withdrawn? Next, I will analyze several reasons, and by the way, I will provide you with other ways to get cash by credit card besides cash withdrawal. Let's learn about it together.

Analysis of the reasons why the credit card can't be cashed out:

1. The status of the credit card is abnormal: for example, the card is demagnetized, or it is suspected of cashing out, overdue repayment in multiple periods, the card is swiped by a code skipping machine, or the card is frozen because of risks, etc., so it is naturally impossible to withdraw cash.

2. Exceeding the total withdrawal amount: credit card withdrawal is not as much as you want, but there will be a total withdrawal amount, which is generally 3%~5% of the credit limit. Of course, there are also some credit cards that can withdraw 1%, such as China Merchants Bank YOUNG Card, Bank of Communications Y-POWER, Pudong Youth Credit Card and Minsheng in Card.

3. Exceeding the cash withdrawal limit: this cash withdrawal limit includes a single-day cash withdrawal limit and a single-day cash withdrawal limit, in which the single-day cash withdrawal limit is divided into domestic cash withdrawal limit and overseas cash withdrawal limit. The specific cash withdrawal limit is different for each bank's credit card. It is recommended to know the cash withdrawal regulations of each bank before withdrawing cash.

even if the credit card can be cashed out, it's not worthwhile!

cash withdrawal is not free, and it will involve two fees, one is cash withdrawal interest and the other is cash withdrawal handling fee.

1. Interest on cash withdrawal: Credit card cash withdrawal cannot enjoy interest-free period, and generally interest will be calculated at the daily interest rate of .5 ‰ from the date of cash withdrawal, and compound interest will be calculated monthly until it is fully paid off. That is to say, the longer the withdrawal time, the more interest.

2. Cash withdrawal fee: In addition to interest, cash withdrawal by credit card is subject to cash withdrawal fee, which is a percentage of the cash withdrawal amount, but fortunately there is a cap. However, there are also some credit cards that are free of charge, such as the YOUNG card of China Merchants Bank, which is free of charge for the first cash withdrawal every natural month; Guangfa Ctrip Credit Card is exempt from handling fees for the first cash withdrawal in different places every month.

However, since it is cash withdrawal, it means that you are short of money.

It is not cost-effective to withdraw cash by credit card. However, if possible, you can obtain funds by handling the cash installment business of bank credit card, but generally only high-quality cardholders of banks can qualify.

many banks have set up many credit card cash installment businesses with special quotas, such as CITIC Dream Money, Pudong Universal Fund, China Merchants Bank E Loan, etc. The maximum amount of these businesses can reach 3, yuan, which is several times higher than the credit limit, and can meet the large cash demand of cardholders.

the most noteworthy thing is that you can ease the repayment pressure by installment after handling the business. Some of them have a longest repayment period of three years, but the handling fee is relatively expensive, generally .75% per month. The longer the installment time, the higher the total handling fee. However, for urgently needed card friends, this handling fee should be acceptable.

What's the reason why you can't withdraw money from your credit card?

Credit cards have the function of withdrawing money, but there is also a handling fee, and there are certain restrictions on the amount of money you can withdraw. What's the reason if you can't withdraw money from your credit card?

1. Withdrawal function is not enabled: each card is a separate individual. Before using a credit card, users need to enable the withdrawal function. With the withdrawal function, users can withdraw money from the ATM. The credit card withdrawal function has not been opened, and users naturally cannot withdraw money.

2. The withdrawal amount exceeds the available amount: every bank has a credit card quota, and some banks have a low credit card quota. If the user withdraws more than the credit card's own quota, it is naturally impossible to withdraw money. Moreover, withdrawal is not as much as you want, which depends on the regulations of each bank.

3. The credit card is blocked: If your credit card is blocked by the bank, your cash withdrawal is also unsuccessful. Generally speaking, its cash withdrawal is different from credit card cash withdrawal. Credit card cash withdrawal is one of the inherent functions of credit card itself. Cardholders can use credit card to withdraw cash from banks. Credit card cash withdrawal mainly includes overdraft cash withdrawal and overpayment cash withdrawal. Overdraft cash withdrawal requires interest payment, while overpayment cash withdrawal does not require interest payment.

4. Bank restriction policy: Generally, banks want you to spend more with your credit card, instead of withdrawing cash. Therefore, almost every bank's credit card has a limit on the amount of cash withdrawn every day, which is generally 2 yuan. After that, no cash will be withdrawn on the same day.

Your credit card has money, but you can't withdraw it. This reason is not unilateral, but caused by many reasons. You can consult the staff.

why can't I get cash out of my credit card?

There are several reasons why a credit card can't withdraw cash: Withdrawal limit: Credit card withdrawal limit can be divided into cash withdrawal limit and credit limit. If the withdrawal amount exceeds the limit of cash withdrawal, there will be cash but it cannot be withdrawn; Limit payment: the withdrawal amount of credit card exceeds the single limit or the limit of the day, which will lead to withdrawal failure; Credit card freeze: when a credit card is frozen, even if there is cash on it, it will not be taken out.

1. the cardholder did not turn on the function when handling the credit card. Since the main function of credit cards is overdraft consumption, the withdrawal function of some credit cards can be freely opened. Therefore, the money on the credit card cannot be withdrawn. You can check whether the bank has opened the withdrawal function.

2. The credit card withdrawal limit is limited. Different banks have different restrictions on the withdrawal limit of credit cards. If there is cash on the credit card but you can't withdraw money, it may also be because the withdrawal limit has been used up, that is, the money in the card can't be withdrawn, so you can only spend it by swiping the card.

1. The credit limit is generally around 3%-5% of the fixed credit card limit. Credit card cash withdrawal is divided into domestic cash withdrawal and overseas cash withdrawal. Domestic ATM withdrawals can be made up to 5 times a day, and the accumulated amount of ATM withdrawals marked with "UnionPay" shall not exceed the equivalent of 5, yuan.

2. Cash withdrawal through credit line overdraft does not enjoy the interest-free repayment period, and the daily cumulative cash withdrawal amount does not exceed 2, yuan. When withdrawing cash from overseas ATMs or bank outlets, the accumulative cash withdrawal shall not exceed the equivalent of US$ 1, in one day, US$ 5, in one month and US$ 1, in six months.

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