Credit card cashing refers to the behavior that the cardholder withdraws the funds in the credit limit of the card in cash by other means rather than through normal legal procedures (ATM or counter), and at the same time does not pay the bank withdrawal fee.

As for the increasingly fierce credit card cashing behavior in recent years, the Shanghai headquarters of the central bank said on July 26th, 2065438+00 that credit card cashing is illegal, and the central bank is studying to record the cardholder's cashing behavior in the personal credit information system, which will directly affect his personal credit record.