Cash withdrawal by credit card is one of the inherent functions of credit card itself. Cardholders can withdraw cash from the bank by credit card. Credit card withdrawal mainly includes overdraft withdrawal and overpayment withdrawal. You need to pay interest for overdraft cash withdrawal, and the interest will be calculated from the day you withdraw cash, while the overpayment cash withdrawal does not require interest, only a part of the handling fee, depending on the bank's regulations. ?
It should be noted that all the bank cards under the Visa International Credit Card Organization are marked VisaEL ECRONINTERLINK Plus Visa CASH, among which VISA's credit card can be overdrawn now, ElecronVisa's debit card can be overdrawn now, and Plus Visa's withdrawal card can only be overdrawn now.
Extended data:
Precautions for credit card transfer:
The transfer user must carefully fill in the payee's name and card number information to avoid transfer errors. When determining the transfer, the bank will generally prompt the transfer user to verify the information, the online transfer will generally prompt, and the transfer will verify the name of the payee. Verifying the information can ensure the correctness of the transfer.
The bank shall handle the transfer settlement and the unit that handles the transfer settlement in the bank shall follow the principle of clearing the money and goods and safeguarding the legitimate rights and interests of both parties, and the bank shall not advance the payment. In addition, transfer settlement should also follow the relevant provisions of the state.
There are many ways of transfer settlement, which are mainly divided into two categories: settlement in the same city and settlement in different places. City settlement includes cheque settlement, payment authorization settlement, city collection and acceptance settlement, collection and non-acceptance settlement, limit cheque settlement, etc. Off-site settlement includes off-site collection and acceptance settlement, off-site entrusted collection settlement, exchange settlement, letter of credit settlement and limit settlement.
In order to reduce the cost of residents' transfer, the Notice on Strengthening the Management of Payment and Settlement to Prevent New Crimes in Telecommunication Networks clarifies that banks will charge off-site fees for deposits and withdrawals, transfers and other businesses in different places within the bank, which will be free within three months from the date of promulgation of this notice.
The bank shall handle the transfer settlement and the unit that handles the transfer settlement in the bank shall follow the principle of clearing the money and goods and safeguarding the legitimate rights and interests of both parties, and the bank shall not advance the payment. In addition, transfer settlement should also follow the relevant provisions of the state. As a bank settlement method, transfer is widely used.
Baidu encyclopedia-credit card
Baidu encyclopedia-cash withdrawal by credit card