Credit cards are often used in our lives, but in normal use, cash-out behavior inevitably occurs. What is the bank's attitude towards such cash-out? Why do banks generally default to such behavior? If you want to know why, read on.

What is the bank’s attitude towards cashing out on credit cards?

Regarding the attitude of cashing out on credit cards, banks have banned it on one side and turned a blind eye on the other. The reason why banks do this is simple: a bank cannot issue loans for charity, but is essentially an operator. In a sense, credit card cash-out is similar to normal consumption, and it is also profitable for banks (except that the consumption is borne by the seller, while the cash-out is borne by the user).

In fact, the credit card payment rate and the cash-out rate are relatively similar. The card swiping fee is divided among the three parties: bank, UnionPay, and acquirer, among which the bank has the highest commission ratio. Therefore, whether you swipe your card or cash out, it can create income for the bank. This is also the main reason why banks do not crack down hard on cash arbitrage.

How to determine credit card cash-out?

1. On the credit card repayment day, if the cardholder withdraws the money immediately after repayment, the bank will easily judge the cardholder to cash out. Although the cardholder has operated it once or twice, there is no problem with the credit card, but if it is operated many times and in consecutive months, the bank will easily determine that the cardholder has cashed out.

2. When using credit cards, you must avoid swiping large amounts at the same merchant. This method can easily be judged as cashing out by the bank. Therefore, you must be diversified when swiping cards, and consider the number of transactions in each scenario. Consumption can be involved, such as shopping in shopping malls, eating, watching movies, etc.

3. The bank determines that cash out is closely related to the cardholder’s transaction time. If the transaction generally occurs before 9 o’clock or after 22 o’clock every day, this kind of transaction time is very abnormal. , the transaction that occurred is very likely to be judged as a cash out by the bank.

4. Cardholders have never made large-amount purchases. If there have been a lot of large-amount purchases recently, the bank will pay special attention to these transactions. This situation will happen next month. Credit card This kind of card swiping behavior will be directly deemed as cashing out.

5. When a cardholder makes a card transaction in a different location within a short period of time and the amount is relatively large, the bank will pay special attention to the consumption of this card. If it happens again in the future, it will be judged as cashing out. The possibility will be very high.

Of course, cashing out can greatly reduce the repayment pressure for cardholders, but it is illegal and prohibited after all. Otherwise, once discovered by the bank, it will not only leave a stain on their credit, but also Moreover, credit cards may be reduced or blocked, so cardholders should not cash out their credit cards easily.

The above is all the content, I hope it will be helpful to you.