What is the handling fee for cash withdrawal by Industrial Credit Card? The handling fee standards are as follows

I believe everyone has used a credit card. The credit card has a cash withdrawal function. The cardholder can withdraw some cash, but a handling fee will be charged for cash withdrawal. Different banks have different regulations. Let me take Industrial Credit Card as an example.

What is the handling fee for cash withdrawal with Industrial Credit Card?

The cash withdrawal fee for Industrial Credit Card is 2% of the amount of each cash advance. The minimum charge is RMB 20 or US$2 per transaction, and the maximum charge is RMB 500 or US$100 per transaction (regardless of whether it is in the same city or different places or in different places). Inter-bank handling fees will be charged).

Interest is calculated based on the daily interest rate of 5/10,000 (approximately converted annual interest rate according to the simple interest algorithm: 5_*365=18.25), and compound interest is calculated on a monthly basis.

The cash advance limit is a certain proportion of the credit limit. The daily cumulative cash withdrawal amount per card for domestic withdrawals does not exceed 10,000 yuan. The cumulative daily transfer amount for each card for overdraft transfer (RMB only) Maximum 50,000 yuan.

Cash withdrawal channels:

ATM: In China, you can use your credit card and password to withdraw RMB cash at ATMs with the "UnionPay" logo; overseas, you can withdraw RMB cash at ATMs with the "UnionPay" logo. ”, “VISA”, “MASTERCARD” or “AMERICAN EXPRESS” logo ATM machines use your credit card and PIN to withdraw local currency.

Bank counters: In China, you can withdraw RMB cash at the counters of various Industrial Bank outlets with your credit card, valid ID and password; overseas, you can withdraw RMB cash at any bank with "visa", "mastercard" or "American Express". ” logo, you can withdraw local currency with a valid ID, credit card and password.

The above is all the content, I hope it will be helpful to you.