Yes

Credit cards can be used to withdraw money from ATMs. In fact, credit cards also have a cash withdrawal limit. Cash withdrawal by credit card is one of the inherent functions of the credit card itself. Cardholders can use the credit card to withdraw cash from the bank, so they can withdraw money from ATMs.

Credit card cash withdrawals mainly include overdraft cash withdrawals and overpayment cash withdrawals. Overdraft withdrawals require interest, and interest is calculated from the day you withdraw cash. However, overdraft withdrawals do not require interest and only require payment of part of the handling fee. It depends on the regulations of each bank. The so-called overpayment refers to Funds overpaid by credit card customers during repayment or funds deposited in credit card accounts.

The maximum credit card cash withdrawal limit shall not exceed 50% of the cardholder's credit limit. In terms of curve handling fees, different banks have different regulations. Generally, the cash withdrawal fee is charged at about 1% of the cash withdrawal amount.

Withdrawing money from a credit card is also called cash withdrawal or cash advance, and it can be divided into two situations: credit limit withdrawal and overflow deposit withdrawal. Credit limit cash withdrawal is also called overdraft cash withdrawal, which is to withdraw cash by overdrafting the credit card limit. Withdrawal of excess deposit is to withdraw cash from the funds stored in the credit card or the funds overpaid during repayment.

No matter what kind of cash withdrawal, you will have to pay a handling fee. The handling fees for credit card withdrawals are very high, and different banks have different handling fee regulations. Moreover, overdrafting the credit card limit and withdrawing cash will also accrue interest, which will be calculated from the day of withdrawal and compound interest will be charged monthly until the borrower pays off the cash withdrawal amount. In addition, when you withdraw money with a credit card, you can generally withdraw 50% of the credit limit of the card. For example, if your credit card credit limit is 10,000 yuan, you can withdraw 5,000 yuan in cash.

After applying for installment business with a credit card, the user chooses to repay in advance. This operation is occasionally possible, but if you often repay in advance, the bank will earn less handling fees, and the bank may consider the user's loan The demand is not large, thus reducing the credit limit of the credit card.

I hope my answer will be helpful to you.