The expenses incurred by withdrawing cash by credit card are as follows:

1. Interest: There is no interest-free period for cash withdrawal by credit card, and interest is charged at 0.5 ‰ of the cash withdrawal amount every day, starting from the day of cash withdrawal.

2. Cash withdrawal fee: different banks charge different fees. Take the credit cards of China Merchants Bank and ICBC as examples:

1) China Merchants Bank Credit Card:

Domestic: 65,438+0% of the cash withdrawal amount, with a minimum of RMB 65,438+00 per withdrawal;

Overseas: 3% of the cash withdrawal amount, with a minimum of 30 yuan RMB or USD 3/transaction (American Express Card: USD 5/transaction).

2) ICBC Credit Card:

Local banks: free of charge;

Local interbank: 2 yuan/pen;

Foreign banks: 1% of the cash withdrawal amount, with a minimum of 1 yuan per transaction and a maximum of 50 yuan;

Inter-bank in different places: 1% of the cash withdrawal amount, with the lowest 1 yuan/transaction and the highest 50 yuan/transaction, and an inter-bank handling fee is added for each 2 yuan.