1. overdraft card is a credit card. The overdraft limit in a credit card is a sum of money granted by the bank to encourage cardholders to spend by swiping the card. Transfer is not a consumption, so it is not a basic function of a credit card.
It is understood that the credit cards of several banks such as Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China and China CITIC Bank can be transferred to their peers' savings cards, but they cannot be transferred across banks. China Bank, Bank of Communications, China Guangfa Bank, China Merchants Bank and Ping An Bank can transfer credit card overdraft to their peers' savings cards, and support cross-bank transfer of credit card overdraft. However, the handling fee for cross-bank transfer of credit card overdraft is relatively high, and there are many restrictions in handling it.
2. Credit card transfer is the same as cash withdrawal, and it is subject to a certain limit, and it also charges handling fees and interest; In addition, the overdraft transfer of credit cards needs to be handled through online banking or telephone banking, and cannot be completed at the bank counter or self-service equipment. The limit, handling fee and interest standard are the same as those of credit card withdrawal.
if the cardholder transfers money by credit card, the bank will charge 5/1 interest every day, and a one-time handling fee of 1% based on the transfer amount. If the cardholder forgets to repay, he will have to pay overdue penalty. The standard is 3% of the total overdue amount, and not less than 3 yuan; If the cardholder prepays, he/she will have to pay the prepayment fee. The amount is 2% of the transfer principal, and the new functions enjoyed by credit card transfer are expensive.