Cash-out generally means that the exchange obtains cash benefits through illegal or false means. Mostly used for credit card cashing, provident fund cashing, securities cashing, etc.
Cash withdrawal refers to the direct payment of cash to credit card holders through fictitious transactions, false pricing and cashback. Use point-of-sale terminal equipment (POS machines) and other methods in violation of state regulations.
What are the consequences of cashing out?
Cash withdrawal will generally reduce the credit limit, freeze bank credit cards, and even cancel credit cards. More obviously, if it is deliberately cashed out and is confirmed as cheating, the user will face criminal punishment. Don't cash out casually, let alone make up for it. You are caught in a strange circle of repaying loans with loans and unable to repay them, that is, you have a bad personal credit record, which seriously affects your future personal loans. If the circumstances are bad, criminal punishment will be investigated. Credit card withdrawal is a routine function, but bank card credit card withdrawal is a violation of discipline.