Credit cards can not only be used for credit card spending, but also provide cardholders with cash withdrawal function to deal with emergencies. Many card friends often encounter cash shortage when traveling abroad. At this time, if you have a full-currency platinum card of China Merchants VISA, you can withdraw cash overseas, and there is no foreign exchange handling fee. Let's have a look.

China Merchants VISA All-currency Platinum Card is a personal card product issued for customers who have overseas travel and online shopping, which can reduce the consumption abroad currency exchange fee for customers and is very convenient for friends who have overseas travel and online shopping, as follows:

1) All-currency international credit cards can automatically purchase foreign exchange for repayment in RMB.

2) Free of annual credit card fee without additional conditions within the validity period.

3) Any foreign currency consumption in the world, 0 currency exchange fee.

(consumption abroad 0 currency exchange fee; Free annual fee within the validity period without additional conditions; )

When many friends see the third point, they will think that the card can be withdrawn overseas without handling fees, but it is not. This transaction-free remittance fee is not a withdrawal fee. This card will not have this fee, because the fee will be paid through visa line abroad.

The withdrawal fee for all-currency Platinum Card of China Merchants VISA is as follows:

1. Domestic cash withdrawal: 1% of the cash withdrawal amount is charged for each transaction, with a minimum of 10 yuan RMB for each transaction;

2. Overseas cash withdrawal: 3% of the cash withdrawal amount is charged for each transaction, with a minimum of USD 3 or 30 yuan RMB. (American Express Card-Centurion Black Gold Card, American Express Card-Centurion Platinum Card minimum 30 yuan/pen or $5/pen).

In addition to the handling fee, China Merchants Bank has to pay interest and does not enjoy interest-free treatment. Cash interest will be charged from the date of your overdraft withdrawal, and the expected annualized daily interest rate will be compounded monthly.

Remind China Merchants Bank that the credit card withdrawal limit is 50% of the credit limit, and the daily withdrawal limit is 65,438+00,000 RMB. Therefore, everyone must plan the withdrawal amount when withdrawing cash to avoid unnecessary handling fees due to withdrawal failure or multiple withdrawals.