However, transferring money from a credit card to a savings card is equivalent to withdrawing cash from a credit card and requires a handling fee.

If the money on the cardholder's credit card is transferred to the savings card, which is equivalent to credit card overpayment, the bank will charge a handling fee according to the standard of overpayment withdrawal.

If the overdraft limit of the credit card is transferred to the savings card, it is equivalent to the overdraft withdrawal of the credit card. At the same time, the bank will charge 5/10000 interest on a daily basis from the date of transfer.

Extended data:

Credit card overdraft limit:

Credit limit refers to the maximum overdraft limit given to the applicant by the bank when approving the credit card. Applicants can only spend credit cards within this limit. If they exceed this limit, they will not be able to use their credit cards normally, or they will charge a certain fee for the part that exceeds the limit.

The credit card overdraft limit is related to the bank and credit card type. Generally speaking, the maximum overdraft limit of gold cards and general cards can reach 50,000 yuan, which is a threshold. The maximum amount of platinum credit card can reach more than 654.38+million, and the maximum overdraft amount of higher-level cards can reach more than one million yuan. There is also the highest level of unlimited cards, and the maximum overdraft limit is not online.

The maximum amount of credit card overdraft is also related to the specific qualifications of the applicant, mainly depending on what proof you can provide to the bank. The more valuable the real estate and real estate you can provide, the more wealth management products you handle in their bank, and the higher the overdraft limit granted to you by the bank. In fact, generally speaking, our daily credit card limit is around 1-50000.

References:

Baidu encyclopedia-cash withdrawal by credit card