2. Even if you apply for a credit card with a limit of 40,000, you can't overdraw 40,000 cash. Generally speaking, it is only half of the withdrawal limit. In other words, you can overdraw up to 20 thousand cash.

If you use a credit card, you can spend up to 40,000 yuan.

However, you can't repay the loan after two years. Because you only have a maximum interest-free period of 56 days, and you must:

(1) One-time full repayment

or

(2) Repay according to the minimum repayment amount. About 10% of your overdraft. So you can't extend the repayment period to two years in this way.

or

(3) To apply for installment payment, the longest period can reach 2 years, but after 2 years, it will not be repaid in one lump sum, but will be repaid every month within 2 years.

If you really didn't repay the loan until two years later, the bank would have taken you to court and waited for jail.

6. The overdraft interest is five ten thousandths of a day, which means that your daily interest is 20 yuan, and it is compound interest. Interest is very high.