Cash-out of credit cards violates the laws and regulations of the state on financial business franchising, and deviates from the relevant provisions of the People's Bank of China on cash management.

For the cardholder personally, the credit card cashing behavior also brings great risks to himself. On the surface, cardholders get cash by cashing out, which reduces interest expenses, but in essence, cardholders need to repay after all.

"Cash-out by credit card" refers to the behavior that the cardholder does not withdraw cash through normal legal procedures (ATM or counter), but withdraws the funds in the credit line of the card in cash by other means, without paying the bank withdrawal fee.