The principle of converting credit card points into cash is to convert cardholder points into gifts. Then the gifts will be recovered in cash according to a certain proportion of value, and then the sales gifts will be concentrated. And the cardholder gets the corresponding cash in his own hand. This is the general operating routine of exchanging credit card points for cash.

credit card points can be converted into cash only with the support of individual banks, which can be converted into a certain percentage of credit card payment, which is also considered as cash conversion. Most bank credit card points can only be redeemed for gifts or shopping vouchers preset by the system.

1. SMS tells you that credit card points can be exchanged for 5%-25% cash.

This type of message exchange is a known fraud. He sent short messages through criminals using pseudo base stations disguised as bank service number ranges. Is the link secure?

what's more, 5% of the cash is exchanged. Regular points acquisition rules: Only when you spend 1 yuan by swiping your card can you get 1 point. Spend 1, yuan and get 1, points. According to the ratio of 5%, you can get cash in 5 yuan, and the bank will get about 45 yuan gross profit only if the cardholder spends 1, yuan on the card normally. All cheating is caused on the basis of greed for cheap.

2. Operation of redeeming credit card points into cash

Credit card points can only be redeemed for small gifts or shopping coupons at the issuing bank.

it's actually very simple. His principle is to convert the cardholder's points into gifts. Then the gifts will be recovered in cash according to a certain proportion of value, and then the sales gifts will be concentrated. And the cardholder gets the corresponding cash in his own hand. This is how to exchange credit card points for cash.

there are many such platforms. There is already a platform to generate and upload an APP, download the APP directly in the mobile phone application market, and then contact customer service for one-on-one exchange operation. Generally, it takes 5-1 minutes to complete the exchange and get the exchanged cash.

3. Generally, the validity period of points is two years at the longest and one year at the shortest. There will be a short message to remind you before the point expires, and it will be cleared automatically if it is not used within the validity period. For example, if you successfully apply for CITIC Credit Card on April 15, 27, the points generated by spending from April 15, 27 to April 14, 28 will expire on April 15, 29.