Cash-out of credit cards is an illegal act and will be punished according to the seriousness of the circumstances.

Extended information:

1. What is credit card cash out

Credit card cash out means that the cardholder does not withdraw cash through normal legal procedures (ATM or counter). The act of using other means to withdraw the funds within the credit limit of the card in the form of cash without paying the bank's cash withdrawal fees.

2. Cashing out credit cards will result in a maximum sentence of more than ten years in prison or life imprisonment.

1. In violation of national regulations, use point-of-sale terminals (POS machines) and other methods to directly pay cash to credit card holders through fictitious transactions, false prices, cash returns, etc., according to different circumstances. Sentencing:

(1) If the amount is more than 1 million yuan, or if the financial institution's funds are overdue for more than 200,000 yuan, or if the financial institution's economic losses are more than 100,000 yuan, the penalty shall be based on Article 1 of the Criminal Law. According to the provisions of Article 225, the offender shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention.

(2) If the amount is more than 5 million yuan, or if the financial institution's funds are overdue for more than 1 million yuan, or if the financial institution's economic losses are more than 500,000 yuan, it shall be punished according to Article 200 of the Criminal Law. According to the provisions of Article 25, the person shall be sentenced to fixed-term imprisonment of not less than five years.

2. The cardholder uses the above method to maliciously overdraft for the purpose of illegal possession. In accordance with the provisions of Article 196 of the Criminal Law, he will be convicted and punished for the crime of credit card fraud:

(1) If the amount is more than 50,000 yuan but less than 500,000 yuan, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention.

(2) If the amount is more than 500,000 yuan but less than 5 million yuan, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years.

(3) If the amount exceeds five million yuan, the person shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment.

3. Article 196 of the Criminal Law of the People's Republic of China and the People's Republic of China: Whoever commits credit card fraud in any of the following circumstances and the amount is relatively large shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention , and shall be fined not less than 20,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or If there are other particularly serious circumstances, the offender shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or have his property confiscated.

4. Article 225 of the Criminal Law of the People's Republic of China and the People's Republic of China. Whoever violates state regulations and commits one of the following illegal business activities, disrupts market order, and if the circumstances are serious, shall be sentenced to a sentence of not more than five years. Fixed-term imprisonment or criminal detention, and concurrently or solely a fine of not less than one time but not more than five times the illegal income; if the circumstances are particularly serious, the offender shall be sentenced to fixed-term imprisonment of not less than five years and concurrently fined not less than one time but not more than five times the illegal income or property confiscation.

Everyone should apply for a credit card in moderation and use the card in accordance with the rules, otherwise the credit card will only harm themselves.