At present, the credit cards of major banks have introduced cash advance business, and credit cards and bank cards under the same bank name can transfer money to each other.

Cardholders can open the cash advance function through online banking, mobile banking and other channels. Credit card transfer does not enjoy the interest-free period, and the interest is calculated according to the withdrawal fee, and the interest is charged before one ten thousandth of the transfer amount every day.

Generally, the handling fee for cash advance by credit card is above 1%, which is charged at one time. In general, there are no points for cash advances.

Extended data

1. There is a limit on the amount of cash paid in advance by credit card. For most banks, the amount of cash in advance is about 50% of the credit limit.

2. The cost of cash advance varies according to the regulations of each issuing bank. Generally, it is 3.5% of the total cash advance or the minimum NT$ 65,438+000. If you withdraw cash by telephone, you need to pay the remittance fee of 30 yuan.

3. The calculation method of advance cash interest is 0.0547% of the daily interest of the total amount of advance cash from the date of advance cash disbursement until the bank receives the full amount.

4. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when spending, and it will be repaid on the billing day.

Baidu encyclopedia-cash advance