Credit card consumption refers to the transaction in which cardholders exchange money for goods.
2. Interest-free period is different: credit card withdrawal is an interest-free period, and interest is calculated at 0.5 ‰ of the withdrawal amount every day from the date of withdrawal;
Credit card swiping has a certain interest-free period, and you can enjoy the interest-free period before the repayment date.
3. Different limits: the cash limit of each credit card period is usually 30% or 50% of the fixed amount of the credit card; Credit card consumption, within the scope of credit card availability, has no restrictions.
4. Different points rules: credit card withdrawal generally does not calculate points; Credit card consumption can accumulate points except for special categories designated by major banks.
Does credit card withdrawal affect personal credit reporting?
Does not affect. Credit card withdrawal is a normal use behavior and has no effect on personal credit information. However, the credit report will show the user's credit card limit usage in the past six months. It should be noted that credit card withdrawal will charge bank withdrawal fees and interest, and should be repaid in full. If the repayment is overdue, it will have a negative impact on personal credit.