1. Credit card overdraft: For credit cards, it is allowed to "spend first and then repay", and allowing overdraft is an important feature. For debit credit cards, "deposit first, then spend", but under the premise that it is determined to be a goodwill overdraft after examination and repayment is guaranteed, cardholders are also allowed to overdraw an appropriate amount in a short period of time when they are in urgent need of funds. Overdraft interest is generally much higher than bank loans in the same period, and card issuers also have a set of measures to prevent and recover overdraft risk losses.
2. Cash withdrawal by credit card: unlike cash withdrawal by credit card, cash withdrawal by credit card is one of the inherent functions of credit card itself, and the cardholder can use the credit card to withdraw cash from the bank.
Credit card cash withdrawal mainly includes overdraft cash withdrawal and overpayment cash withdrawal. Overdraft cash withdrawal requires payment of interest, and interest is calculated from the day you withdraw cash, while overpayment cash withdrawal requires no interest, only part of the handling fee, depending on the regulations of banks.