How to overdraw the credit card

As long as your credit card is in normal condition and there is an available cash withdrawal amount, you can withdraw it through ATM, counter, etc.

As for the charging standard, it is divided into cash withdrawal handling fee and cash withdrawal interest.

The charging standard of cash withdrawal handling fee will be different for each bank, so you can check it on the bank website, and the cash withdrawal interest is basically calculated from the day of cash withdrawal. And it is stipulated that the daily overdraft withdrawal for each card should not exceed 2-1 yuan (depending on the bank's policy).

Credit limit:

Credit limit refers to the maximum overdraft limit given to your credit card by the bank when approving your credit card. You can only spend by swiping your card within this limit, and if it exceeds this limit, it will be unpredictable.

the credit limit is approved by comprehensive evaluation based on the information you filled in when applying for a credit card and the relevant supporting documents provided. The main card and the supplementary card * * * enjoy the same credit limit. Under normal circumstances, the RMB limit and the US dollar limit of a dual-currency credit card can be converted to each other. For example, your limit is 3, RMB, and when you use the card abroad, your credit limit is equivalent to about 5, US dollars.

The credit limit will be adjusted by the bank on a regular basis, but you can take the initiative to provide relevant financial proof to request the adjustment of the credit limit. In addition, when you need a higher credit line in a certain period of time when traveling abroad or moving to a new house, you can ask for a higher temporary credit line.

Generally, the amount of a personal ordinary card of China Merchants Bank is between 1 yuan and 5, yuan. Students are generally under 5 yuan.

for those with fixed income, civil servants or employees of financial institutions such as large banks have the highest relative quota. The size of the company where an individual works and his position level also have great influence. The type of account will also have an impact. The biggest influence is usually personal income (that is, solvency, including asset status, historical credit records, etc.).

it's possible to set a credit card limit of 1,-1,. There are many factors that affect the credit limit. The standard of each bank is different, depending on your personal credit.

Precautions for the use of credit cards:

1. Pay attention to consumption

Credit cards should not only enrich the types of credit card consumption at ordinary times, but also ensure the amount of consumption, and occasionally have several large purchases. In addition, we should also pay attention to avoid spending money in the same place frequently. Some friends spend a lot of money several times, but instead of approving the withdrawal, the bank freezes the credit card because of the risk of cashing out.

2. Pay attention to the credit limit

Friends who want to increase the credit card amount must pay more attention to the changes in the credit limit of the active credit card, especially the use limit and available limit. The higher the ratio of the used credit limit to the credit limit of your credit card, the higher the probability that the withdrawal application will pass.

3. Inquiring about credit information

If the cardholder has met the credit card withdrawal conditions, it is best to inquire about your personal credit information first. Credit information has a great influence on credit card withdrawal, and only a good credit record can guarantee the success rate of withdrawal.

what's with the credit card overdraft?

credit card overdraft has two meanings, one is to overdraw consumption or cash with credit card normally. Overdraft in this context means that cardholders can use credit cards to spend or withdraw cash without saving money, which is equivalent to borrowing money from banks. Another meaning of overdraft is that the consumption amount of a credit card exceeds the credit limit of the cardholder, which is commonly called "overdraft". This situation is not encouraged by banks, and some banks will charge cardholders who have maxed out their credit cards for exceeding the limit.

how to calculate the overdraft of ABC's credit card

question 1: how to overdraw ABC's credit card?

overdraft means using the money you can use without saving it, and then paying it back.

question 2: how to calculate the interest on the overdraft of ABC's credit card? I advise you not to pay it back when it expires. Be sure to return it once a month. Even if you return it and then take it out, it's legal and it won't affect the record. But don't pay it back for so long. The interest is five ten thousandths of a day. The late fee is 1 yuan. If you don't return it twice in a row. There will be a lot of phone ideas to find you. I advise you to be honest and pay back a little every month. If you owe 1 yuan, the minimum repayment amount is only 1 yuan, and then deduct the interest. If you really need it urgently, you can take it out after you pay it back.

question 3: is there a handling fee for the credit card overdraft of ABC? How did you collect it? 331%=33

33.5 days Geng 33= the amount of money you need to pay back

Question 4: How does the credit card of ABC calculate interest? 1. Interest is calculated as simple interest at .5% of the daily interest, and the simple interest is calculated as five ten thousandths of the current day.

2. On each billing date, the total interest and principal will be recalculated as the new principal, and then the interest will be calculated.

3. That is to say, the interest is compounded once every billing day, and it is only simple interest at ordinary times.

4. The principal is not how much money you have left, but the interest is calculated by counting your initial total principal as the principal. For example, you owed -814.18 yuan with interest last month, and then you only paid back 1 yuan. This does not mean that your daily interest this month is calculated at (-814.181).5%= 714.18).5%, but you still calculate interest at -814.18 as the principal, that is, the daily interest is-814. For example, you overdrawn 8, yuan on the 1st of last month, but only paid 1, yuan this month (that is, you didn't pay it off in full), and you spent 2, yuan on a certain day of this month. The interest of this 2, yuan is also calculated from the 1st of last month.

I hope my answer will make you understand. If you find it useful, thank you for adopting it.

= = = = = = = = = = = = According to the landlord's supplement, I'll give you a supplementary answer. First, let's assume that:

a, because the billing date of each month is the same, there are different months in eight months, so for the time being, I'll calculate it as a month on the 3th, because the interest of one day is not much different.

b, in the process of paying back the money, no more consumption (for example, if you spend money halfway, please refer to PS for the explanation of the principal).

1. Based on the above assumptions, the daily profit is .5%, so the monthly profit is .5%3=.15

2. Because the interest is added to the principal once a month as the new principal, and the repayment of the money in the middle does not affect the calculation of the principal (refer to point 4 above), the debt after 8 months is 8, (1.15) 8. However, it doesn't mean that it's enough to pay back this amount in the ninth month, because interest will be paid from the eighth month to the ninth month, so if you want to count how much you have to pay back in the ninth month, you can pay it off. That is to calculate the interest to nine months, that is, the debt for nine months is 8, (1.15) 9 = 9,147.5145. Therefore, about 1,147 yuan will be paid back in the ninth month.

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I hope this detailed answer will be useful to the landlord, and I hope that the landlord can give me some compensation after such hard work. Thank you.

question 5: how do you charge interest on credit card overdraft consumption of ABC? How do you spend it? It won't be cash withdrawal, but according to your 2 quota, you can only spend it by credit card.

according to article 14 of the articles of association of jinsui credit card (debit card) of agricultural bank of China: "the cardholder shall repay the loan before the due repayment date requested by the bank, and the interest-free repayment period is from the bank bookkeeping date to the due repayment date, with a maximum of 56 days. All the above deposit capital is compounded monthly by the issuing bank, and the daily interest rate is five ten thousandths. " The annual interest rate is 18% and the monthly interest rate is 1.5%. If you have not paid it back for 45 days, the interest will be about 45 yuan.

However, due to your overdue repayment, according to Article 16 of the Articles of Association: "If the cardholder fails to repay the minimum repayment amount requested by the card-issuing bank before the due repayment date and exceeds the credit limit agreed by the card-issuing bank, in addition to receiving the deposit cost, he shall also receive a late fee and an over-limit fee for the unpaid part of the minimum repayment amount and 5% of the part exceeding the credit limit." So you still have a late payment fee of 1 yuan (assuming your minimum repayment amount is 2 yuan)

So in addition to your principal of 2, yuan, you have to pay the bank an extra interest and late payment fee of about 6 yuan.

To put it simply, if you don't even pay the minimum repayment of 2 yuan to the bank, the monthly (at least next month) expenses will be around 6 yuan. I suggest that you pay part of the minimum repayment, otherwise it will have an impact on your credit book, and it will bring a lot of trouble to your future house, car and other business.

question 6: how to calculate the credit card overdraft interest of the agricultural bank of China? according to the unified regulations of the people's bank of China, the agricultural bank of China charges .5 ‰ of the daily interest rate with compound interest on a monthly basis. (interest is not calculated during the interest-free period)

When the amount you repay is equal to or higher than the minimum repayment amount of the current bill, but lower than the amount that should be repaid in this period, the remaining deferred repayment amount is the revolving credit balance. Revolving credit is a very convenient loan tool, which not only allows you to enjoy the convenience of swiping your card, but also is a good choice for you to manage your finances easily. If you choose to use revolving credit, you can't enjoy the interest-free repayment period in the current period.

Calculation of interest of revolving credit:

Each consumption amount in the last statement is the interest-bearing principal, and the interest-bearing days are from the bookkeeping date to the repayment date of the account, and the daily interest rate is five ten thousandths.

Question 7: How to calculate how much to pay back each installment if the credit card of Agricultural Bank of China is overdrawn and repaid in installments? Credit cards can't be overdrawn and transferred, but can only be cashed out or cashed out by pos machines, and cash withdrawal can't be staged;

If you cash in 12 installments of 3, by swiping your credit card pos machine,

repayment for each installment = 3,/12 installment fee = 3,.6% = 2,68;

question 8: there are three ways to overdraw the credit card of the agricultural bank: one is to swipe the card when spending, which is called overdraft. The second is cash installment, and the third is bill installment.

Question 9: How to calculate the credit card billing date of Agricultural Bank of China? There is no interest-free period for cash withdrawal, and interest will begin to accrue after cash withdrawal. The following billing date of repayment date is for credit card consumption.

the repayment date of ABC's credit card is 25th day after the bill date. Take the previous bill as an example. The bill date is September 14th, and the repayment date is the 25th day after the bill date, that is, October 9th. That is to say,

the credit card spending from August 15th to September 14th will be paid on September 14th, and the repayment can be made before October 9th.

credit card spending from September 15th to October 14th will be billed on October 14th and repaid before November 8th. (October is 31 days, September is 3 days)

Therefore, credit card spending on the day of billing has the shortest interest-free period of only 25 days (credit card spending on September 14th, repayment on October 9th), and credit card spending after billing has the longest interest-free period of 56 days (credit card spending on September 15th, repayment on November 8th).

Question 1: How much is the credit card interest of Agricultural Bank, and how to calculate that all banks are the same? If the due repayment date is not enough, even if you have paid back 4999 and have not paid back 1 yuan, the interest will be calculated from the day when you spend your credit card to the day when you pay back 4999, and then the interest will be calculated as 1 yuan.

Example: Your billing date is 1th, and the repayment due date is 29th.

If you pay 5 yuan on January 11th, then your monthly settlement date is February 1th, and the repayment due date is February 29th. If it is still 4999 on February 29th, the interest will be calculated from 5 yuan on January 11th to February 29th. Specific formula: 5.549 days (5-4999).51 days = interest on March 1th.

This concludes the introduction of how to overdraw credit cards and how to overdraw them. Did you find the information you need?