Credit transfer is actually a kind of cash advance, including cash withdrawal, transfer and recharge. Credit card transfer, the bank also has a limit, specifically negotiate with the bank. Generally speaking, credit card transfer can be divided into three categories: overdraft transfer, overpayment transfer and cash installment transfer.

1, overdraft transfer

It is to transfer the credit card amount to the bank card, the maximum amount is 50% of the personal credit card amount, and a certain handling fee must be paid at the same time. Generally, a handling fee of 1% and interest of five ten thousandths will be charged.

2. Overpayment transfer

If the cardholder has too much deposit in the credit card and wants to withdraw the cash, he can transfer it to the savings card of the same bank in his own name, and the bank will generally charge a handling fee of 0.5%-3%.

3. Transfer by installment

For cash installment transfer, the cardholder needs to handle the cash installment business in the bank. After the application is successful, the credit card limit can be converted into cash and deposited in the designated bank card, and the bank will charge an installment fee of 0.75%-0.95%.

There will be some differences in the time of credit card transfer to the account. It's faster to transfer money between banks. If it is an inter-bank transfer, it usually takes 1-3 working days to arrive at the account. Remember to pay back in time after the account is successfully received.