Legal analysis: It is illegal to cash out credit cards. If the cardholder is suspected of cashing out and returning it as scheduled, although there is no clear penalty provision, the bank will blacklist the cardholder and plan to incorporate this situation into the credit information system. In the future, the cardholder will definitely be greatly affected when he goes to the bank to handle related business. For merchants and cardholders suspected of cashing out and failing to repay them within the time limit, there is a clear punishment that the cardholder uses malicious overdraft for the purpose of illegal possession and should be investigated for criminal responsibility.

Legal basis: Article 7 of the Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card Management violates state regulations, and directly pays cash to credit card holders by means of fictitious transactions, false pricing, cash return, etc. If the circumstances are serious, it shall be convicted and punished for the crime of illegal business according to the provisions of Article 225 of the Criminal Law. If the amount of the acts mentioned in the preceding paragraph is more than 1 million yuan, or if the funds of financial institutions are more than 2, yuan overdue, or if the economic losses of financial institutions are more than 1, yuan, it shall be deemed as "serious circumstances" as stipulated in Article 225 of the Criminal Law; If the amount is more than 5 million yuan, or if the funds of financial institutions are overdue for more than 1 million yuan, or if the economic losses of financial institutions are more than 5, yuan, it shall be deemed as "the circumstances are particularly serious" as stipulated in Article 225 of the Criminal Law. If the cardholder maliciously overdraws in the above way for the purpose of illegal possession and should be investigated for criminal responsibility, he shall be convicted and punished for the crime of credit card fraud in accordance with the provisions of Article 196 of the Criminal Law.