Question 1: What are the issues with using GF’s credit card and withdrawing cash? Guangfa's card can be used for overdraft withdrawals at any UnionPay ATM machine, but I can only withdraw up to 5,000 yuan. However, it is recommended that you do not use a credit card to withdraw cash unless absolutely necessary. Using a credit card is also called a cash advance and there is no interest-free repayment period. Interest will be calculated from the day you withdraw the cash. Second, the interest rate on cash advances is very high, and the daily interest rate is very high. The fifth is to calculate compound interest! Third, the handling fee is very high. The handling fee is generally more than 1% and is charged in one time. Therefore, if you withdraw cash, you must return it as soon as possible.

Each credit card has its fixed billing date and repayment date. After you swipe the card, there is no need to rush to repay. The interest-free period is generally 25-50 days, so make full use of the interest-free period. period, repay according to the repayment amount on the bill. Please remember that any payment you make before the bill date will be repaid on the repayment date after the bill date. If the payment is made after the bill date, it will be repaid on the next bill date. repayment of repayment.

Also, if you are able to repay the loan when it is due, try to pay it off, because installment repayment will also charge interest at a rate of 0.5%.

Finally, repayment can be done at the counter, ATM deposit machine, or online transfer.

Question 2: Can I withdraw cash at any ATM with Guangfa Credit Card? Credit card No problem, the ATMs are the same no matter which bank.

Question 3: Can I withdraw cash with Guangfa Credit Card? There is no limit on the scope of cash withdrawal with Guangfa Credit Card, and it is different from other bank credit cards. Other bank credit cards can only withdraw half of the amount, while with Guangfa Card you can withdraw the full amount.

However, you can only withdraw 2,000 yuan in cash per day. If you want to withdraw more, you can only withdraw multiple times on multiple days, and there is a handling fee for cash withdrawals, which is 2.5% of the cash withdrawal amount, with a minimum of 10 yuan per transaction. In addition, starting from the day of cash withdrawal, interest of 0.05% will be charged every day, which is equivalent to an annual interest rate of 18%.

Question 4: Can I withdraw cash with a Guangfa Bank credit card? There are three ways to withdraw cash with a Guangfa Bank credit card:

First, the cardholder directly enters the password at the ATM machine and selects the withdrawal amount. You can withdraw cash.

Second, cardholders only need to log in to the bank's credit card online banking, select the cash advance function, and then follow the prompts. The cash pre-borrowed from the credit card can be directly transferred to the personal debit card account. Relatively simple.

Third, the telephone cash advance is to call the bank's credit card customer service hotline and follow the voice prompts to transfer the cash advance into your personal debit card account.

Fourth, cardholders can also request cash withdrawal directly at the bank counter, using the same method as an ordinary debit card.

The following is a list of fees for cash withdrawals by Guangfa Bank credit cards:

For cash withdrawals by Guangfa Bank credit cards: local counterparts, the minimum fee is 10 yuan, and the handling fee is 2.5% of the transaction amount.

The local inter-bank handling fee for cash withdrawals with Guangfa Bank credit cards is 2.5% of the transaction amount, and the minimum fee is 10 yuan.

The handling fee for using Guangfa Bank's credit card to withdraw cash from other places is 2.5% of the transaction amount, and the minimum fee is 10 yuan.

The handling fee for cross-regional cash withdrawal with Guangfa Bank's credit card is 2.5% of the transaction amount, and the minimum fee is 10 yuan.

The overseas UnionPay handling fee for cash withdrawal with Guangfa Bank credit card is 3% of the transaction amount, and the minimum fee is 15 yuan.

The handling fee for overseas non-UnionPay cash withdrawals with Guangfa Bank credit cards is 3% of the transaction amount, with a minimum charge of US$3.

Guangfa Bank’s credit card overseas emergency handling fee is 3% of the transaction amount, with a minimum charge of 30 yuan.

These formal methods have higher handling fees for cash withdrawals, so some people will also use credit cards to cash out to get cash. For example, cash out through POS machines and cash out through intermediaries.

For individual cardholders, credit card arbitrage brings great risks to themselves.

First of all, although cashing out allows you to obtain cash and reduce interest expenses, in fact, the cardholder needs to repay the money after all.

Secondly, if the cardholder cannot repay on time, he must bear overdue repayment interest that is higher than the overdraft interest.

Thirdly, it may result in a bad credit record, which will make it very difficult to borrow funds from banks in the future, and you may even have to bear the legal risk of lack of personal credit. IAika.com reminds you to choose your credit card to cash out carefully to avoid losing more than you gain.

Question 5: Are there any handling fees and interest for cash withdrawals with Guangfa Bank credit cards? If you have floating money on your credit card, other banks will count it as overpayment. There is no charge for cash withdrawals. This is also a feature of Guangfa Cards. , can be used to withdraw money from other places, but there is no interest on the money stored in the credit card.

If you don’t have your own money in the card, you are borrowing money from the bank when you withdraw cash. Do you think the bank will not charge fees and interest? Haha

Question 6: How much is the handling fee for withdrawing cash from Guangfa Bank's credit card across banks? There is no charge for withdrawing cash from Guangfa's credit card across banks, but if it is an overdraft withdrawal, a handling fee will be charged. The handling fee for domestic overdraft withdrawals is calculated at 2.5% of the cash withdrawal amount, and the lowest fee for RMB cards and dual-currency cards is RMB10.

Guangfa Credit Card is the first standard credit card in China. The card has a preset credit limit in accordance with international standards. Spend first and repay later. No pre-deposit is required. You can use the credit limit for overdraft consumption and cash withdrawal transactions.

Question 7: How to withdraw cash with Guangfa Bank credit card? You can go to the bank or buy a POS machine yourself

But the maximum withdrawal limit is 50% of the credit limit. Moreover, you need to pay a handling fee for cash withdrawal. The handling fee is 2.5% of the cash withdrawal, with a minimum charge of 10 yuan. There is no interest-free period for credit card withdrawals. From the date of withdrawal, the daily interest rate is 1/10,000 until you pay off the balance.

The fee for cash withdrawal by credit card is relatively high, so it is not recommended to withdraw cash

Question 8: Can Guangfa Bank credit card be withdrawn at once? You can withdraw it within your limit, and you can also withdraw it across banks. You can withdraw cash, but there will be inter-bank fees. Based on the limit you mentioned now, if you withdraw 2,500 yuan in cash, you can continue to spend 3,000 yuan (because the Guangfa card can be used beyond the limit by 10%), but you can no longer continue to overdraft and withdraw cash

Question 9: How does a cash withdrawal of 1,000 yuan from Guangfa Bank's credit card count as a regular card of Guangfa Credit Card? The cash withdrawal fee is 2.5% (a one-time charge for cash withdrawals), and the daily interest is 0.5% (calculated from the time of cash withdrawal until Pay off the debt)

If you withdraw 1,000 yuan and pay back the handling fee plus interest after 30 days, the calculation is 1,00(1000x0.025+1000x0.0005x30)= 1,040 yuan

Required Please note that late payment fees will be charged if the balance is not paid off after 30 days