Is there a handling fee for returning the official card?

According to the Regulations on the Administration of Official Cards, after the official card is deposited in cash, it is free if the cash withdrawal does not exceed the amount deposited in cash. This will lead to a misunderstanding, or you will lose some money.

Because the official card is a bank credit card, the credit card overdraft cash received a handling fee of 1% at that time, with a daily interest of 0.05%, which is a lot of money.

Recently, due to the school's use of official cards according to the regulations of higher authorities, some reimbursement funds were sent to teachers' cards. Some teachers, after reimbursement, think that the money is in the official card and will withdraw it from the ATM.

At this time, ATM machines can withdraw cash, but you should know that there is a charge. Because after the financial department reimburses, it takes the next morning to send the cheque reimbursed on the first day to the bank, and the bank can only return it to everyone's official card after receiving the cheque. Banks also have a settlement process, which takes one day.

In this way, the money reimbursed by the official card will not arrive until the third day. If you reimburse 2000 yuan, you will go to the ATM on the day after reimbursement, which means that you will overdraw 2000 yuan and charge 20 yuan. On the third day, the school paid back 2,000 yuan, and it took two days to collect 4 yuan's interest.

So 24 yuan will have to wait for the next repayment to know. Non-repayment is a bad record, and interest will be charged for repayment. So we must avoid this misunderstanding. Cash will be withdrawn after three days of reimbursement. Of course, if you swipe your card anywhere, you don't need any other fees.

In addition, some teachers spend a certain amount of money by swiping their cards before reimbursement, and after reimbursement, they think that they can withdraw cash for free by depositing cash. In fact, if they overdraw cash, they still have to charge:

For example, we spent 3,000 yuan on a business card and saved 4,000 yuan after financial reimbursement. Don't think that 4000 yuan can be spent in cash for free. You know, it's free to spend 1 000 yuan in cash. If you exceed it, you still have to charge fees and interest.

Because the bank credit card is to recover the overdraft funds first, and the rest is the cash limit.

Extended data:

Credit card withdrawal is different from credit card withdrawal. Cash withdrawal by credit card is one of the inherent functions of credit card itself. Cardholders can withdraw cash from the bank by credit card. Credit card withdrawal mainly includes overdraft withdrawal and overpayment withdrawal.

You need to pay interest for overdraft cash withdrawal, and the interest will be calculated from the day you withdraw cash, while the overpayment cash withdrawal does not require interest, only a part of the handling fee, depending on the bank's regulations. ?

It should be noted that all the bank cards under the Visa International Credit Card Organization are marked with Visa El Cron Interlink Plus Visa Cash, in which Visa's credit cards can be cashed, ElecronVisa's debit cards can be cashed, and Plus Visa's withdrawal cards can only be cashed, but not overdrawn. InterlinkVisa's online transfer card can be cashed now.

Main handling fee

Handling fee for cash advance: Most banks have set a minimum handling fee, so cardholders should pay more attention before withdrawing cash. Interest of five ten thousandths per day.

Fees for cash advance in China by major banks:

ICBC's local banks don't charge fees.

2.5% of the cash withdrawal amount of China Everbright Bank, with the lowest in 3 yuan and the highest in 200 yuan.

1% of the transaction amount of Agricultural Bank, with a minimum of 1 yuan.

1% of the cash withdrawal amount of China Construction Bank, with the lowest 10 yuan and the highest 500 yuan.

Bank of China has no handling fee for local banks.

China Merchants Bank advances 1% cash, and the minimum charge is 10 yuan RMB (the down payment of city series credit cards is free of charge).

Bank of communications? 65438+ 0% of the transaction amount, with a minimum of 5 yuan RMB per transaction (new standard).

2.5% of the transaction amount of Ping An Bank, with a minimum of 25 yuan RMB per transaction.

0.5% of the cash withdrawal amount of Minsheng Bank, with a minimum of 65,438 yuan +0 yuan.

Industrial Bank charges 2% handling fee for cash advance, with a minimum charge of RMB 20.

China CITIC Bank charges a handling fee of 3% for cash advance, with a minimum of 30 yuan.

3% of the cash withdrawal amount of Shanghai Pudong Development Bank, with a minimum of 30 yuan RMB.

2.5% of the cash withdrawal amount of Guangfa Bank; The lowest RMB 10 yuan.

strengthen

domestic

At present, if there is a UnionPay logo on the credit card, it means that the card has joined the China UnionPay organization, and the cardholder can withdraw cash from any ATM with the UnionPay logo.

Overseas/overseas

Outside China, besides Hong Kong, Macao and Taiwan, there are still many countries whose UnionPay system has not been popularized, so most of them need to take the international card organization channel to withdraw cash abroad. It depends on whether you have an international card. An international card can be easily distinguished by looking at whether there are LOGO of credit card organizations such as Visa or Master besides UnionPay.

overdraw

The overdraft withdrawal amount is set according to the cardholder's use of the card, and the maximum is not more than 50% of the cardholder's credit limit. The daily limit of ATM withdrawal is 2000 per person per card. In addition to the withdrawal fee, domestic and foreign overdraft withdrawals must also pay interest, and some banks can enjoy interest-free treatment.

Overpayment cash withdrawal refers to the cardholder's withdrawal of the funds or overpayments stored in the card when repaying. Overpayment can automatically increase the available amount of the main card, but does not increase the available amount of the auxiliary card. If it is necessary to increase the available amount of supplementary cards, cardholders should call the bank telephone service hotline to apply.

References:

Baidu encyclopedia-cash withdrawal by credit card