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What does it mean to cancel the adjustment of Ping An Credit Card’s cash withdrawal fee?

This means that the bank has canceled the handling fee for cardholders to transfer overpayments from their credit cards to their domestic bank accounts.

According to the announcement issued by Ping An Bank, starting from December 26, 2023, cardholders will be exempted from handling fees when transferring overpayments from their credit cards to their own Ping An Bank debit accounts in China. This adjustment It is part of Ping An Bank's active response to the "Proposal on Adjusting the Prices of Some Bank Services to Improve Service Quality and Efficiency" issued by the China Banking Association. By canceling the handling fee for transferring out credit card overpayments, Ping An Bank aims to improve service quality and reduce service costs. Cardholder usage costs.