Whether you use your own or not, it is illegal to cash out.

1. Banks do not allow you to use your own credit card.

2. However, due to regulatory loopholes, if the number of times is small (less than 3 times) and the amount is less than 10,000 yuan, the bank may not pursue the case. At this time, you will also need to pay a handling fee of more than 0.5 when cashing out.

Cash out: One way is to withdraw money directly from a UnionPay deposit and withdrawal machine. In this case, only half of the credit amount can be withdrawn. For example, if the trust limit is 50,000, the maximum withdrawal can only be 25,000;

< p>Another common way to withdraw money is to swipe it out on the machine. In the virtual messaging method, the merchant charges a small fee and gives you cash directly. The bank doesn't know how you got it, so it treats it as shopping.

Credit card cashing out has increased instability in my country’s financial order. Our country has a strict access system for financial institutions, and there are a series of strict regulations to monitor the inflow and outflow of funds from financial institutions. Those criminals teamed up with merchants to conduct untrue transactions such as swiping credit cards through virtual machines, and engaged in disguised credit card cash withdrawals. However, they were outside the legal framework and violated the country's legal regulations on financial business franchising.

Legal basis:

"Criminal Law of the People's Republic of China"

Article 196

There are the following In one of the circumstances, whoever commits credit card fraud and the amount is relatively large shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to not less than five years and not more than 10 years of imprisonment. to a fixed-term imprisonment of not more than 10 years and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances, the sentence is to not less than 10 years in prison or life imprisonment and a fine of not less than 50,000 yuan but not more than 500,000 yuan. Fines or confiscation of property:

(1) Using a forged credit card, or using a credit card fraudulently obtained with false identification;

(2) Using an expired credit card;< /p>

(3) Pretending to use other people’s credit cards;

(4) Malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank. Anyone who steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.