Credit cards can be used to withdraw cash directly. Credit card cash withdrawal methods include counter cash withdrawal, ATM self-service machine cash withdrawal, mobile banking cash withdrawal, personal online banking cash withdrawal, etc. Cardholders can withdraw cash directly or transfer money to a debit card. The cash withdrawal limit of a credit card is usually half of the credit limit, and cash withdrawals require payment of handling fees and interest.

Different banks have different calculation methods for credit card cash withdrawal fees. Most of them are charged one-time at 1% of the transaction amount. The calculation method for cash withdrawal interest is the same, and they are all charged at 0.05% of the transaction amount on a daily basis. , calculated from the date of withdrawal to the day before the date of repayment. Therefore, the cost of withdrawing cash by credit card is very high, so it is recommended not to withdraw cash as much as possible.

If you need money urgently, you can consider big-brand credit products such as Alipay Jiebai, Tencent Weilidai, Duxiaoman Financial Youqianhua, etc. Youqianhua is a credit brand under Du Xiaoman Financial, which provides users with safe, convenient, unsecured, and unsecured credit services. To borrow money, go to the Du Xiaoman Financial APP.

Duxiaoman Financial will effectively implement the country’s call to support small and micro enterprises to overcome difficulties. Its credit service brand has money to fully support the production and operation of small and micro businesses. Duxiaoman Financial is the owner of most small and micro businesses. The first choice when it comes to cash flow. It is reported that 70% of Duxiaoman Financial’s credit users are small and micro business owners. Up to now, Duxiaoman Finance has joined hands with dozens of financial partners to issue hundreds of billions of loans to small and micro business owners.

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