Generally, credit cards must be canceled before debit withdrawal can be made, that is, the money in the electronic cash account of the chip credit card can be withdrawn.

1. But before canceling a credit card, you must pay off all the outstanding balance. If you fail to repay in installments, the bank will not cancel the credit card for you, let alone withdraw 1,000 yuan.

2. Therefore, you need to pay off the installment first, then cancel it, and then go to the outlet counter to withdraw it. Or you can spend the 1,000 yuan directly. At merchants that have QUIK PASS, you can use electronic cash accounts to quickly pay.

1. Introduction to electronic cash accounts

1. Electronic cash accounts are small payment accounts unique to financial IC cards. The account information is not only stored in the bank system, but also stored securely on the card. Before use, recharge or transfer the account to ensure that the account has a consumable amount. When used, it can be quickly, offline, and without losing money. Password, fast payment without signature. In addition, the limit of the electronic cash account is determined by the card issuing bank, but generally does not exceed 1,000 yuan. This account has the characteristics of no loss reporting and no interest accrual on funds. Cash cannot be withdrawn but can be transferred to deposits and withdrawals.

2. In layman’s terms, electronic cash transactions are an e-wallet account superimposed on your bank card. When swiping a card, you can choose to pay with a bank card account or an electronic cash account. The payment process using an electronic cash account is similar to a bus IC card. There is no need to complete the payment online or offline when consuming, and no signature or password is required. It is especially suitable for small amounts. Used in payment areas, such as small supermarkets, fast food restaurants, pharmacies, transportation, fitness venues, etc.

2. ICBC credit card electronic cash transfer

1. You can apply for electronic cash transfer through ICBC business outlets, ATMs and special unit POS terminals with your own chip card password. Save business. If you are a registered customer of ICBC's online banking, you can log in to the online banking, connect to a chip card reader certified or approved by ICBC, and handle the load business by yourself through the load function. At the same time, you can go to an ICBC branch with your valid ID to apply for setting up and adjusting the automatic transfer of electronic cash.

3. ICBC credit card electronic cash withdrawals

1. You can apply for electronic cash withdrawals through ICBC business outlets with your own chip card password. If you are a registered customer of ICBC Internet Banking, you can log in to the Internet Banking, connect to a chip card reader certified or approved by ICBC, and handle the ATM withdrawal business by yourself through the ICBC ATM withdrawal function.