Transfer is possible. Credit card transfers are divided into two categories:

1. Overpayment transfer, that is, if you want to withdraw more money from your credit card, you can only transfer it to a bank savings card under your name, and it is not free. You need to withdraw money. A certain handling fee is charged, usually 0.5-3.

2. Direct credit card transfer is equivalent to a cash advance.

If the user does not have funds at his disposal but needs to transfer money, he can withdraw cash through a credit card and then deposit the cash into a debit card before transferring money.

In addition to handling fees, this type of transfer will also charge interest. From the date of transfer, interest will be calculated at 50,000% of the daily transfer amount. Moreover, the amount that can generally be transferred is 50 of the credit limit, and there is a daily upper limit. Most banks have a daily limit of 2,000 yuan.

Extended information:

The interest on credit card cash withdrawals is also calculated on a daily basis, and there is no interest-free period. Interest is calculated from the day the cash is withdrawn, and the interest is also calculated on a daily basis. The penalty interest is as high as the missed payment date.

However, it is recommended to save a small amount of assets in a credit card in case of emergency, because there is no current interest on the funds in the credit card. What’s more fatal is that many bank credit cards, even if you have There is still a handling fee for cash withdrawals. So it is better to carry a bank savings card with you and keep a small amount of cash in it.

There are very few places where you can spend large amounts of money in cash. You can usually use a credit card to make the payment, and there is an interest-free period for swiping the card.