Industrial and Commercial Bank of China’s regulations on withdrawing excess payments: No handling fee will be charged for withdrawing excess payments at the Bank or locally.

Methods for transferring out credit card overpayment:

1. Use the overpayment directly for shopping without paying handling fees.

2. Withdraw the overpayment from the local ICBC ATM machine of the bank where the account is opened. ICBC will waive the handling fee.

3. Withdraw the overpayment at the local ICBC counter to avoid handling fees.

4. Transfer the overpayment on your credit card to your ICBC debit card, and then withdraw cash from the debit card. This can also reduce handling fees.

Extended information:

Many banks currently have free policies for withdrawing overpayments on credit cards, but the specific regulations for implementing free withdrawals by each bank still have many differences.

Some banks support the free withdrawal of overpayments at the counter, but there is a fee for withdrawing cash from ATMs. Several banks such as ICBC, Agricultural Bank of China, China Construction Bank, Minsheng, and Shanghai Pudong Development Bank stated that as long as the cardholder withdraws money in the same city as the bank, For overpayment withdrawals, banks will no longer charge handling fees regardless of counters or self-service machines such as ATMs. If it is from another place or across banks, there are still certain fees, similar to debit cards.

As for the issue of handling fees for "overpayment" of cash withdrawals by credit card holders, the charging bank stated that although the credit card holders withdraw their own money, it takes up the relevant resources of the bank. Because unlike ordinary debit cards, credit cards are cumbersome in terms of deposit and withdrawal account processing, and credit cards are used to encourage customers to spend, not for cardholders to use them as savings accounts, so the charges are reasonable.

Moreover, "overpayment" does not include interest, and the only advantage is that it increases the cardholder's consumption limit in disguise. If the cardholder wants to increase a certain credit limit, he or she can apply for a temporary limit from the bank's customer service center. There is no need to rely on "overpayment" to increase spending power.

Baidu Encyclopedia - Overpayment

People's Daily Online - Don't use your credit card as a debit card. You will suffer losses on both sides when you save money on a credit card