Credit cards can accept cash. Credit cards are the same as savings cards. You can go directly to the ATM, insert the card and enter the password, and then you can withdraw cash from the credit card. Credit card withdrawal can be divided into two ways according to the different types of cash, one is credit card overdraft withdrawal, and the other is credit card overpayment withdrawal.

: 1. Credit card can withdraw money directly. ++++is one of the inherent functions of the credit card itself. Cardholders can borrow cash from banks in advance with credit cards, and the process of withdrawing cash with credit cards is called++++.

++++is set up by the bank to meet the cardholder's urgent need for cash. At present, the charging standard of+++is very high. ++++,the handling fee of 1~3% will be deducted immediately, and the interest on the withdrawal amount will be calculated at five ten thousandths of the daily interest rate, and the compound interest will be calculated monthly. Therefore, in non-emergency situations, do not use the++function.

Two, the use of credit card cash withdrawal, it is not possible to pay by installments, overdraft must be repaid in full after maturity. Cardholders should pay special attention to the last repayment date of credit cards, which is the last day of the interest-free repayment period.

Before that, the repayment is interest-free. Overdue, all consumption funds will no longer enjoy interest-free repayment treatment. The bank will calculate the interest on a daily basis with the consumption amount as the principal, with a daily interest rate of 0.5 ‰, compound interest on a monthly basis, and add a late fee.

Credit card classification

1. According to different card issuers, it can be divided into corporate cards and personal cards.

Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

2. According to the credit status of the cardholder, it can be divided into ordinary cards and gold cards.

Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

Gold cards are issued to people with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

Can I withdraw money from my credit card?

You can take it out.

Credit card can withdraw money, there are three ways to withdraw money.

1. Withdraw cash in advance:

Cash advance is one of the basic functions of credit cards. Cardholders can withdraw cash directly by inserting the card into the ATM machine without applying to the bank in advance. The withdrawal amount is generally 50% of the available credit card amount.

2. Withdraw cash in installments:

This cash withdrawal method requires the cardholder to apply to the bank, and the bank will also conduct an audit. If approved, the bank will transfer the money to the bank's savings card under the cardholder's name; If the audit fails, the cardholder cannot withdraw cash.

3. Cash withdrawal of overpayment:

Overpayment is the money left by the cardholder in the credit card, which can be directly withdrawn from the ATM.

Cash withdrawal by credit card is one of the inherent functions of credit card itself. Cardholders can withdraw cash from the bank by credit card. Credit card withdrawal mainly includes overdraft withdrawal and overpayment withdrawal. You need to pay interest for overdraft cash withdrawal, and the interest will be calculated from the day you withdraw cash, while the overpayment cash withdrawal does not require interest, only a part of the handling fee, depending on the bank's regulations.

The overdraft withdrawal amount is set according to the cardholder's use of the card, and the maximum is not more than 50% of the cardholder's credit limit. The daily limit of ATM withdrawal is 2000 per person per card. In addition to the withdrawal fee, domestic and foreign overdraft withdrawals must also pay interest, and some banks can enjoy interest-free treatment.

Precautions for cash withdrawal by credit card

1. The withdrawal part cannot be repaid in installments.

If you withdraw cash by credit card, the withdrawal part cannot be repaid in installments, and many bank credit cards are fully included in the minimum repayment amount. In other words, how much cash you withdraw must be paid back on the repayment date, and it must be paid off in one lump sum. There can be no default or insufficient repayment amount, otherwise it will be overdue and directly affect the credit investigation.

Second, the handling fee is high.

In different banks, the handling fee for cash withdrawal is also different. General credit card withdrawal fee is between 1%-3%. In addition, after withdrawing cash, it will mean that you can't enjoy the interest-free period, and the bank will also charge the cardholder some interest. The interest shall be calculated on a daily basis from the bookkeeping date, with the daily interest rate of 15000 until the debtor pays off the debt.

Three. Withdraw the business that affects the application amount.

For the bank, after taking the demand behavior, the bank will think that the cardholder's repayment ability is insufficient and it is difficult to apply for cash withdrawal, so it is best not to do cash withdrawal business. Credit card withdrawal cost is high, and it can't be phased, which is easy to cause greater repayment pressure.

Can I withdraw cash directly from my credit card?

Credit cards can accept cash. Generally speaking, the withdrawal amount of a credit card is 50% of the total amount. Some banks may differ, depending on the bank.

If you deposit cash in the credit card first, the withdrawal amount of the credit card will be higher. Excess money deposited in a credit card is called "overflow deposit". However, credit cards are either overflow deposits or inherent withdrawal restrictions. There is a handling fee when withdrawing cash.

Pay attention to credit card withdrawal:

Withdraw cash by credit card. Cash withdrawal by credit card is a way for users to borrow cash from credit cards in advance, which is allowed by banks. It is illegal to withdraw cash by credit card. If the bank finds out, it will reduce the credit card limit and pursue legal responsibility.

Not all credit cards can be withdrawn directly. Under normal circumstances, credit cards can be withdrawn as long as they are activated. However, some banks can't withdraw cash after their credit cards are activated, and they can only withdraw cash by opening the fund advance function of credit cards.

Credit card withdrawal, overdue repayment will affect credit information. Late repayment of credit cards will affect credit reporting. If there is overdue repayment after cash withdrawal, it will also affect credit reporting.

Users can withdraw cash by credit card through ATM, but the funds for overdraft withdrawal need to be within the credit card limit. In addition, credit card withdrawal requires interest, and interest is calculated from the withdrawal. The interest on withdrawals is generally five ten thousandths of the daily interest rate. In addition, users can transfer credit card funds to debit cards through ATM machines, which is also a cash withdrawal method and also requires interest.

How to withdraw cash from a credit card?

++++can be directly extracted by ATM.

For domestic withdrawals, the handling fee is calculated at 65,438+0% of each cash advance, and the minimum fee is 65,438+00 RMB per cash advance. Cash advance transactions do not enjoy interest-free repayment, and interest is charged at a daily rate of 0.5 ‰ from the trading day to the settlement day, with compound interest on a monthly basis.

If you don't want to be charged a higher handling fee, you can use Alipay to withdraw cash:

1. To enable online banking, first make sure that your credit card supports online banking. If so, please enable it.

2. Make sure your credit card can pay for Taobao Alipay. To be clear, it must be your own Alipay;

3. Transfer the credit card money to your personal Alipay account, and make sure that the card you returned from Alipay is a debit card (savings card), not a credit card or debit card;

4. Take a credit card for 5- 10 days to withdraw money, and the minimum income is 2%.

Extended data:

Credit card withdrawal mainly includes overdraft withdrawal and overpayment withdrawal.

1, overdraft withdrawal refers to the credit line provided by the bank for credit card customers, which is not only used for credit card consumption, but also part of it can be used for cash withdrawal. Counting the++provided by the bank to the cardholder, the interest is calculated from the date of withdrawal, and the handling fee is paid.

2. Overpayment refers to the overpayment made by credit card customers when they repay. The extra money is not provided by the bank, but their own part, so they can naturally withdraw it all, because there is no need to pay interest if it is not a loan provided by the bank. However, you need to pay a handling fee to withdraw money through the bank.

3. Generally, the withdrawal amount of banks is set at 50% of the credit line, but some banks will give 100%, such as Bank of Communications Guangfa. Of course, depending on the bank's card type, the amount of cash withdrawn every day is different. Bian Xiao extracted several pieces of information from the bank official website as follows:

Bank of Communications: According to the purpose of the card, it is included in the credit limit of the credit card, which is generally 50% of your credit limit.

CITIC: The overdraft withdrawal amount is set according to the cardholder's card usage, and the maximum amount shall not exceed 50% of the cardholder's credit limit. The daily limit of ATM withdrawal is 2000 per person per card.

Ping An: The withdrawal amount is 50% of the credit line. The maximum daily withdrawal limit for ATMs or counters with UnionPay logo is RMB 5,000, and the maximum withdrawal limit for each card is RMB 3,000.

Agricultural Bank of China: The daily accumulative amount of each card shall not exceed 2,000 yuan, and cash shall be withdrawn in advance at the ATM, with a maximum of 5 times per card per day.

ICBC: Domestic ATMs withdraw cash up to 5 times a day, with a cumulative daily payment of no more than 2,000 yuan and a cumulative overpayment of no more than 5,000 yuan.

Guangfa: domestic advance payment, and the accumulated cash advance amount per credit line per card per day does not exceed RMB 2,000; The maximum cash withdrawal per card at ATM every day is no more than 5,000 yuan (there is enough overflow, and at least 3,000 yuan is repaid).

Baidu Encyclopedia-+++

Can I withdraw cash by credit card?

Credit cards can be withdrawn through bank ATMs and bank counters, but there will be a limit at present, which is generally 50% of the credit line of credit cards, and different bank regulations will be different. Moreover, at present, banks will charge fees and interest when using credit cards, and the interest is generally charged at five ten thousandths of the daily interest, which varies from bank to bank.

The cost of using credit card to withdraw cash is still relatively high, so users should be cautious about withdrawing cash. Moreover, users should repay in time after withdrawing cash, and cannot repay overdue. The amount of cash withdrawn at the time of repayment needs to be paid off in one lump sum, and installment repayment is not allowed, which requires the borrower's repayment ability to be higher.

Although credit card withdrawal cannot be repaid in installments, the consumption within the credit limit of credit card can be repaid in installments, which can reduce the monthly repayment amount and avoid overdue repayment. Generally, you can choose the number of installments according to your income, and you can repay in advance if you have money.

If the credit card is overdue, the bank will charge a penalty interest. The longer it is delayed, the more penalty interest it will be. And after the deadline, the bank will upload the overdue records to the credit information center. When personal credit information deteriorates, it will affect the handling of various loans, such as mortgage and car loan; If it has not been processed, it will always be recorded in the credit report.

Can I withdraw cash by credit card?

Credit cards can accept cash.

Credit card cash withdrawal methods include counter cash withdrawal, ATM cash withdrawal, mobile phone cash withdrawal and personal online banking cash withdrawal.

1. Cash withdrawal at the counter means taking your ID card and credit card to the bank's business outlets to find the counter staff to handle the cash withdrawal business.

2. Take a credit card to any ATM at a bank outlet, insert the card and enter the password, then select the withdrawal business, enter the withdrawal amount, and click OK.

3. Cardholders can directly withdraw cash or transfer money to debit cards. The withdrawal amount of a credit card is usually half of the credit limit, and the withdrawal fee and interest need to be paid.

4. For online banking withdrawal, users only need to log in to their credit card APP, find the corresponding withdrawal page, and enter information such as the withdrawal amount as required, so they can apply for withdrawal. After the withdrawal is successful, the amount will be directly transferred to the bank card bound by the cardholder, and they can use it after the withdrawal amount arrives. Of course, online cash withdrawal also needs to pay a certain++handling fee.

Extended data

Credit cards, also known as debit cards, are issued by commercial banks. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and they can also make a certain amount of overdraft.

superiority

Compared with ordinary bank savings cards, the most convenient way to use credit cards is for ordinary consumption, and there is no cash in the cards. In many cases, it is enough to return the consumption amount on time.

You can spend without deposit overdraft, and enjoy an interest-free period of 20-56 days to repay on time without any charge (most banks will charge 0.5% interest on the day of cash withdrawal, and there will be a 2% handling fee, but ICBC will only charge interest).

Access to the whole country is barrier-free, and you can withdraw money or spend money by credit card on ATM and POS machines with UnionPay logo; (Note: Credit cards are only suitable for credit card spending. It is best not to withdraw cash, which is expensive and uneconomical. )

Credit card spending, some credit cards get existing points, and various discounts and lottery activities throughout the year, so that you can always have surprises as long as you use the card; (Most credit cards have no points for online payment, but online payment is very convenient and fast. )

Mail the statement free of charge every month, so that you can grasp every consumption expenditure transparently; (Now advocating environmental protection, you can cancel the paper statement and change it into an electronic statement. )

Unique supplementary card function, suitable for husband and wife to jointly manage money or master children's financial expenses.

The free choice of one card and two currencies is popular all over the world, and consumption abroad can repay in RMB.

disadvantaged

The invention of credit card is like a double-edged sword, which can solve the temporary economic crisis. However, the purpose of issuing credit cards is to make money. Once the interest-free repayment time is exceeded, high interest will be charged, usually five ten thousandths of interest per day.

Blind consumption of credit cards is not like paying cash in a lump sum. I don't feel anything when I brush. A few figures lead to blind consumption and spending money like water.

Excessive consumption of notebooks, digital cameras and smart phones, while enjoying your favorite items in advance, you should also consider whether you can repay them.

High interest If you can't get a credit card and can't repay on time when the final repayment date comes, the bank will charge you high interest. (The minimum repayment amount of a credit card in the first month shall not be less than10% of the overdraft amount in the current month) [8]

Credit cards that need to pay an annual fee basically have an annual fee, but they basically have an annual fee-free policy. For example, CCB can be exempted as long as it is brushed three times a year; But if you don't swipe your card to the bank the specified number of times within a year, you need to charge an annual fee.

Stealing a credit card is basically a default credit card consumption without password, which is easy to be stolen by others when it is lost or stolen, causing unnecessary trouble or loss; But in fact, credit cards can also be charged by passwords-it depends on how you manage your credit cards. Of course, many people have not cancelled their credit cards because of their lack of experience in this field, and some lawless elements have reapplied for credit card overdraft, which is not worth it.

This is the end of the introduction of credit card withdrawal and whether credit card withdrawal can be repaid in installments. I wonder if you found the information you need from it?