It doesn't matter! Dispel doubts

I withdraw cash from my credit card. Will it affect my future loan in the bank?

No, credit card withdrawal will not have any direct impact on the loan. What will really affect the loan is my own bad credit record. Due to the withdrawal of cash by credit card, if you can't repay on time, you will also have a bad credit record.

3. Is cash withdrawal by credit card equivalent to loan, and the interest is calculated according to the loan interest rate?

Of course, the interest on cash withdrawal by credit card is very high. The cash withdrawal interest is calculated at 0.5 ‰ per day, which is equivalent to the interest rate of 1.5%. You can also choose cash installment to see if the interest rate can be lower than the bank loan. First of all, credit cards generally have a grace period of three days after the repayment date, and repayment within the grace period is regarded as timely repayment; 1. If it is paid off in full, no fees will be incurred;

2. If the repayment amount is less than the minimum repayment amount stipulated by the bank, it will be regarded as overdue, with interest of 0.05%, and a late fee of 5% will be charged for the unpaid part of the minimum repayment amount;

3. If the repayment amount is greater than or equal to the minimum repayment amount and less than the full repayment amount, interest shall be paid at 0.05%;

2. If the repayment exceeds the grace period, it will be regarded as overdue: the interest is 0.05%, and there is a late fee.

I withdraw cash from my credit card. Does it matter if I borrow money from the bank in the future? But I still want to return it. ...

Of course, it doesn't matter. The bank is eager for you to borrow more money. The more you borrow within the limit, the happier the bank will be.