First of all, in the latest credit card policy, credit cards can be transferred to bank cards. There are two forms of transfer: 1. Bank credit card transfer, you can transfer the credit card funds to the bank's savings card. The handling fee is about 1%, and interest is calculated on the day of transfer. The daily interest rate is 0.05%, and the annualized rate is about 18%. Currently, basically all banks can do this, but the interest rate is relatively high. 2. You can recharge credit card money to a payment account and then withdraw cash to a debit card. This function can only be done by payment companies. Alipay's credit card recharge function has been discontinued. Shoucailu, which cooperates with Yijifu, can still do it. The procedure The fee is about 0.5% and there is no interest. The disadvantage is that the daily limit is only 30,000 ~ Bank of Communications is not supported.

There is also the risk of cashing out. There are various forms of cashing out, and the rates range from 0.5% to 1%. However, there is a risk of fund security and card suspension and derating, so it is not recommended.

Credit cards are a tool for overdraft consumption. Spend money first and pay back later. However, some people always like to do the opposite and save money in credit cards. Some people like to save first and spend later, and some people simply repay more to prevent themselves from underpaying.

Depositing money into a credit card will become a credit card overpayment. No matter how much you deposit on a credit card, there is no interest. The so-called "interest-free overdraft and interest-free deposit" is a major feature of credit cards. So, since there is no benefit to depositing money in a credit card, it is better to withdraw the money and earn interest by storing it in a savings card, or invest it in Yu'E Bao and earn profits. But wait! It’s easy to save money with a credit card, but difficult to withdraw money!

Withdrawing credit card deposits is called overpayment recovery. Currently, most banks charge a handling fee for credit card overpayment recovery transactions, which is the overpayment recovery handling fee, which is generally 0.5%-3% of the amount withdrawn. Look, with a flick of my hand, I deposited too much money. Not only did I get no profit, but I also had to be ripped off by the bank when I took it out. So, is there any way to get it back for free?

Ka Ge suggests that if you have deposited more money into your credit card, you might as well do this:

1. Use the credit card wisely to spend money

Not only can you use it yourself; You can use it for others until the quota is used up. You can also accumulate good personal credit and points for yourself, which can be said to kill two birds with one stone.

2. Use the card’s free policy wisely

Not all banks charge fees, and more and more banks are joining the camp of charging no fees for overpayment withdrawals.

At present, some banks have canceled the handling fee for overpayment retrieval. After discovering overpayment, cardholders can first check their own credit card overpayment withdrawal fee standards, such as Huaxia, Beijing, and Ningbo Six banks including Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of Communications, Minsheng Bank of China and China Everbright Bank are free of charge locally.

The standards of various banks are updated from time to time. It is recommended that cardholders call the bank’s customer service phone at any time to confirm whether the overpayment withdrawal is free of charge, which is convenient and fast.

Even if the bank charges a fee, you can still withdraw cash cleverly without spending money according to the special regulations of some cards. For example, with the CMB YOUNG card, the first cash withdrawal per month is free of charge.