Credit card withdrawal is different from credit card withdrawal. 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 cash withdrawal mainly includes overdraft cash withdrawal and overpayment cash withdrawal:

1. Interest is required for overdraft withdrawal, and the interest is calculated from the day of withdrawal.

2. You don't need to pay interest for overpaying cash withdrawal, but only need to pay part of the handling fee, depending on the regulations of each bank.

Note: 0.5% of the cash withdrawal amount of Minsheng Bank, with a minimum of 1 yuan.

Extended data:

Articles of Association of Minsheng Credit Card of China Minsheng Bank Chapter VI Interest-bearing Methods and Charges of Minsheng Credit Card:

Article 24. Minsheng Credit Card overdraft bears interest according to the then effective interest rate determined and announced by the bank according to law, with compound interest on a monthly basis. The deposit funds in the credit card account are not subject to interest, but the bank has the right to make adjustments according to factors such as customer contribution.

Article 25. If the cardholder repays the amount due in the current period before the final repayment date, he can enjoy an interest-free repayment period, and there is no need to pay overdraft interest for the current transaction except cash withdrawal and transfer overdraft transactions.

Article 26. Personal card holders who are unwilling or unable to repay all due funds before the final repayment date can repay according to the minimum repayment amount stipulated in the statement. According to the credit card collection contract of China Minsheng Bank, any business card (or business card) that does not enjoy the minimum repayment amount shall be repaid by the cardholder before the final repayment date.

Article 27 If the cardholder fails to repay in full before the final repayment date (inclusive), he will not enjoy the interest-free repayment period; The repaid part bears interest from the bookkeeping date to the repayment date, and the unpaid part continues to bear interest from the bookkeeping date.

If the cardholder fails to repay the minimum repayment amount before the end of business on the last repayment date, it shall be deemed as overdue. In addition to the overdraft interest according to the above-mentioned interest calculation method, the bank will also charge liquidated damages according to a certain proportion of the unpaid part of the minimum repayment amount. The proportion of liquidated damages for overdue repayment shall be implemented according to the service price list published by the bank.

Article 28. If the cardholder withdraws cash or transfers overdraft funds to other accounts, he shall not enjoy the interest-free repayment period, but shall pay the overdraft interest from the bank bookkeeping date/trading day to the repayment date.

After the cardholder activates the credit card, the credit card will automatically open the credit card transfer function. Cardholders can make credit card transfers through self-service devices (including but not limited to ATM, Lacarra, etc.). ) or other online channels recognized by the bank. Unless otherwise agreed between the bank and the cardholder, if the cardholder uses the credit card overdraft limit to transfer money to the cardholder's other account, it is deemed that the credit card is used for cash advance transactions.

Article 29 After the bank approves the issuance of the applicant's credit card, it will charge the cardholder an annual fee according to the prescribed standards. Cardholders need to pay a certain fee for card loss reporting and cash withdrawal. The specific charging items and standards shall be implemented in accordance with the stipulations in the Credit Card Collection Contract of China Minsheng Bank.

Baidu encyclopedia-cash withdrawal by credit card

Articles of Association of Minsheng Credit Card of China Minsheng Bank and Articles of Association of China Minsheng Bank.