What is the cash withdrawal limit of Ping An Bank’s credit card? How to withdraw cash?
Credit cards are mainly used by people for consumption in daily life, but sometimes if people are in urgent need of funds, they can also withdraw cash from the credit card. Regarding cash withdrawals, different banks may have different regulations. So, what is the cash withdrawal limit of Ping An Bank’s credit card? How to withdraw cash? Let me answer it for you today.
How to withdraw cash with Ping An Bank credit card?
1. Withdraw cash from ATM
You can bring your Ping An Bank credit card to the ATM to withdraw cash. Insert the credit card, enter the password and the amount of cash to withdraw.
2. Withdraw cash at the bank counter
You can bring your credit card to the counter of a nearby Ping An Bank branch to ask the staff to withdraw cash. You can withdraw cash by entering the transaction password at the counter.
What is the cash withdrawal limit of Ping An Bank’s credit card?
The maximum cash withdrawal limit of Ping An Bank's credit card shall not exceed 50% of your credit limit of Ping An Bank's credit card, but the actual cash limit you can withdraw may vary depending on your card usage.
It should also be noted that when you withdraw cash from an ATM machine, each Ping An Bank credit card can only withdraw up to 10,000 yuan in cash per day. If you want to withdraw cash at the bank counter, the cumulative amount of cash withdrawals per Ping An Bank credit card per day does not exceed your actual cash withdrawal limit.
The above is the answer to "What is the cash withdrawal limit of Ping An Bank's credit card? How to withdraw cash?" The cash withdrawal limit of Ping An Bank's credit card is 50% of the credit limit of the credit card. The specific cash withdrawal limit will vary depending on the cardholder's card usage. If you need to withdraw cash, you can go to an ATM to withdraw cash, or you can go to a bank counter to withdraw cash.
Introduction to the cash withdrawal operation of Ping An Bank credit card
When going out, many friends may encounter insufficient funds. At this time, withdrawing cash is a good solution. Follow below Let me take a look at the introduction of Ping An Bank’s credit card cash withdrawal operation for Jintou Credit Card.
1. Ping An Bank's credit card cash withdrawal handling fee
Ping An Bank's credit card cash withdrawal requires a handling fee based on a certain proportion of the withdrawal amount, which will be incurred on the day after the cash advance transaction date.
Domestic cash withdrawal: a handling fee of 2.5% of the cash withdrawal amount, with a minimum of RMB 25 per transaction;
Overseas cash withdrawal: a handling fee of 3% of the cash withdrawal amount, with a minimum of USD 3 Yuan/pen.
2. Ping An Bank’s credit card cash withdrawal interest
Ping An Bank’s credit card cash withdrawal interest is calculated daily from the transaction date at a daily interest rate of 0.5%, and compound interest is calculated monthly. , until the cash withdrawal amount is paid off in full. In addition, Ping An Bank will also charge interest on the cash withdrawal fee from the day it charges the cash withdrawal fee, and that is until the cash withdrawal amount is paid off in full.
For example: If the cardholder uses a Ping An Credit Card to withdraw RMB 1,000 from an ATM on May 2, and repays and deposits RMB 1,100 on May 22; a cash withdrawal occurs on May 2 Handling fee: 1,000 yuan × 2.5% = 25 yuan; interest generated by cash withdrawal: 1,000 yuan × 0.05% × 20 days = 10 yuan; cash withdrawal fee interest: 25 × 0.05% × 19 days = 0.2375 yuan. The total interest that Mr. Sun needs to pay is 10.2375 yuan.
3. Cash withdrawal limit of Ping An Bank’s credit card
The cash withdrawal limit of Ping An Bank’s credit card is generally 50% of the credit limit. Depending on the card type, it can be up to 100% of the credit limit.
IV. How to withdraw cash with Ping An Bank credit card
1. Withdraw cash at outlets
You can hold Ping An Bank credit card at any Ping An Bank business outlet or with a card printed on the card. For other banks with the logo of the card issuing organization, you can withdraw cash at the counter with your valid ID and credit card transaction password.
2. Withdraw cash from ATMs
Whether it is from our bank or another bank, you can withdraw cash as long as the card's issuing organization logo is affixed.
The above is the content I introduced to you about "Introduction to Cash Withdrawal Operations of Ping An Bank Credit Card" from Jintou Credit Card. I hope this article I compiled will be useful to you.
If you want to know more about credit cards, it is recommended to pay attention to Jintou Credit Card!
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Ping An Bank’s credit card cash withdrawal fees and interest
1. Ping An Bank’s credit card cash withdrawal interest:
Ping An Bank’s credit card cash withdrawal interest is calculated based on the amount and time of cash withdrawal , cash withdrawal interest will be charged daily at a daily interest rate of 5/10,000 from the time the withdrawal amount and cash withdrawal handling fee are incurred, and compound interest will be charged monthly until the cash withdrawal amount is paid off in full. Assume that the cardholder uses a credit card to withdraw 10,000 yuan in cash and repays it after 7 days, then the cash withdrawal interest = 100,000.05%7 = 35 yuan.
2. Ping An Bank's credit card cash withdrawal handling fee:
Ping An Bank's credit card cash withdrawal requires a handling fee based on a certain proportion of the withdrawal amount, which will be incurred on the day after the cash advance transaction date. Domestic cash withdrawals are charged a handling fee of 2.5% of the cash withdrawal amount, with a minimum of RMB 25 per transaction; overseas cash withdrawals are charged a handling fee of 3% of the cash withdrawal amount, with a minimum of USD 3 yuan per transaction.
Extended information:
How to withdraw cash with Ping An Bank credit card
1. Withdraw cash from ATMs:
1. Within the country, you can Use the ATMs of Ping An Bank or other banks with the UnionPay logo to withdraw RMB cash with your credit card and transaction password;
2. Overseas, you can withdraw RMB cash from ATMs with the same logo as the card (UnionPay, VISA, MasterCard or JCB) ATM machine, you can withdraw local currency with your credit card and transaction password.
2. Withdraw cash at bank counters:
1. In China, you can withdraw RMB cash at the counter of any Ping An Bank branch with your credit card and transaction password;
2. Overseas, you can withdraw local currency with a valid ID and credit card at a bank counter with the same logo as the card (UnionPay, VISA, MasterCard or JCB).