Credit card withdrawal interest is calculated at 0.5 ‰ per day, and there is no interest-free period for credit card withdrawal. Interest is calculated on the day of withdrawal, which is the biggest difference between withdrawal and credit card consumption.
Pay attention to the following points when withdrawing cash by credit card:
1. The credit card withdrawal limit is half of the total credit limit. Suppose your credit card limit is 1.5 million, and the maximum withdrawal limit is 75,000.
2. If you use a credit card to withdraw cash from an ATM, the maximum is 2,000 yuan per day.
3. The existing handling fee for credit cards is generally 1%, and the lowest is 10 yuan. Withdrawal 1500 yuan handling fee 1500 yuan.
4. On the repayment date of the second month after cash withdrawal, at least the minimum repayment amount shall be paid, and the interest shall be paid in full.