Credit card money can't be directly transferred to savings card, but can only be withdrawn. You can withdraw the overpayment of the credit card to the savings card with the same name handled by the credit card issuing bank, or you can withdraw the available credit card to your own savings card. It should be noted that withdrawing available credit cards is equivalent to borrowing cash in advance, and interest and handling fees (contingent) need to be paid.

There are two ways to withdraw money from a credit card to a savings card:

1, withdraw cash in advance

Cash advance is one of the basic functions of credit cards. Cardholders can withdraw cash directly from the ATM without applying to the bank in advance. They can also choose to borrow cash in advance through the APP of the bank where the credit card is located, select your installment number, enter the withdrawal amount, and withdraw the amount to your bound savings card. The withdrawal amount is generally 50% of the available credit card amount.

2. Cash withdrawal for overpayment

Overpayment refers to the money in the cardholder's credit card, which can be directly taken out from the ATM or transferred to your savings card through online banking or mobile banking. Note that there will be a certain handling fee during the withdrawal process.

Extended data

1. How does gold bear interest?

1. From the date of cash withdrawal, interest will be charged at the rate of 0.5 ‰ every day until the cardholder pays off all the money, and the interest will be compounded monthly.

2. The formula is: withdrawal interest = total cash withdrawal × daily interest rate (0.05%)× withdrawal days. Suppose someone withdraws 1 0,000 yuan from a credit card and returns it to the card after 10, and the interest generated is: 1 0,000× 0.05 %×10 = 5 yuan. Therefore, the sooner you pay off the gold, the less interest you have to pay.

3. It should be noted that gold generally charges a certain handling fee in addition to daily interest. However, due to different card-issuing banks and different withdrawal channels, the standard of withdrawal handling fee may be different.

4. As stipulated by China Construction Bank, if you withdraw money in China through the bank or UnionPay network, you will be charged a handling fee of 1% of the withdrawal amount, with a minimum of 2 yuan and a maximum of 100 yuan (credit card local withdrawals are exempt from the handling fee).

5. At the overseas bank acceptance outlets marked with VISA or MasterCard, when withdrawing local currency from ATMs marked with "PLUS" or "CIRRUS", a handling fee of 3% of the cash withdrawal amount will be charged, with a minimum of US$ 3 (Euro3 for European tourist cards and global payment cards 18 yuan RMB); However, the handling fee is charged at 12 yuan+1% of the cash withdrawal amount, with the lowest 14 yuan.

How to transfer the credit card money to the bank card?

Credit card money can be transferred to the bank card in the following ways:

1. Users log in to online banking or credit card APP, select credit card for cash withdrawal, then select the cash advance option, fill in the receiving bank, and transfer the credit card amount to the bank card;

2. Users can insert credit cards and savings cards into ATM machines, take out money and deposit it in the savings card;

3. Users can also go to bank outlets to find staff to handle withdrawal and transfer business.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending. Credit card consumption is a non-cash transaction payment method, and there is no need to pay cash when spending, and repayment is made on the billing day.

Can the money in the credit card be transferred to the savings card?

Credit card money can't be withdrawn by debit card, and then it can be used flexibly. If you want to withdraw cash, you can only handle the cash installment business of credit card, so you can transfer the money to your own savings card, but the cash installment can only be used for consumption, and you need to provide the same amount of consumption vouchers.

Credit card cash installment is a installment method in which the cardholder applies, or the issuing bank invites the cardholder to apply, to convert the credit limit in the cardholder's credit card into cash, or to misappropriate it again if there is no credit limit, and then transfer the money to the debit card (bank or other bank) account designated by the cardholder, and the cardholder will return it according to the specified installment times.

At present, not all banks only have cash installment business. Banks such as ICBC, China Construction Bank, Shanghai Pudong Development Bank and China Everbright Bank support cash installment business. Before using this function, you should consult your card issuing bank in advance whether this service is available.

There is an installment fee for cash installment. Usually, the number of periods you can choose is 3, 6, 9, 12, 18, 24, etc. The credit card cash installment fee shall be charged by not less than 50% of the benchmark interest rate of loans of the same grade in the same period of the People's Bank of China.

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References:

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[img] This concludes the introduction of why credit cards are transferred to savings cards and why credit cards are transferred to savings cards. I wonder if you have found the information you need?