There is no limit on the number of times that China Merchants Credit Card advances cash in one day;
the total amount shall not exceed 5% of the credit line;
the maximum daily cash advance amount of each card in China is RMB 2,;
the accumulated cash advance of each household on overseas non-unionpay lines shall not exceed the equivalent of USD 1, per day, USD 5, within one month and USD 1, within six months.
Cash advance:
① The amount of cash that can be advanced is 1/3 of the credit limit to the full amount, and the total amount with the total amount signed shall not exceed your credit limit, and some banks have restrictions on the daily amount of cash advance;
② some domestic banks are limited to 5% of the credit line;
③ you can get cash quickly without any guarantee within the limited amount;
④ There is no interest-free repayment period for cash advanced by credit card, and interest will be calculated from the day when cash is withdrawn;
⑤ The interest on cash borrowed in advance is very high, with a daily interest rate of five ten thousandths;
⑥ the handling fee is very high, generally more than 1%, and it is charged at one time.