Is it possible to withdraw cash from a credit card. Is it possible to avoid paying a commission for withdrawing cash from a Sberbank credit card If I withdraw cash from a credit card

Credit cards have long become a simple and effective tool for those who want to get access to borrowed funds on the most favorable and affordable terms. This is a convenient tool for making various payments, paying for goods and services. There are several options for those who are wondering if it is possible to withdraw money from a credit card.

Is it possible to withdraw cash from credit cards at all?

The standard terms assume that customers use the credit cards themselves for cashless payments when making purchases. Only in this case, no additional commission is charged, there is an interest-free period.

There is a fee for withdrawing money from a credit card.

But it often happens that you need to receive a certain amount in cash. Then it is worthwhile to study in advance the tariffs that apply to a particular credit card. For some banks, such actions are generally prohibited. But most organizations allow transfers, subject to strict restrictions.

Here are just the most common cases:

1. The interest-free period ends from the moment the client receives cash. After that, the issued loan works with standard conditions.
2. Additional fee or commission for the transaction. This is important for those who are wondering if it is possible to withdraw cash from a credit card.

Getting cash with a credit card: acceptable ways

Is it possible to withdraw funds without additional fees? There are many solutions to the question. And each client will be able to choose the option with the most flexible conditions.

In addition to non-cash payment, with an open loan limit You can receive funds in the following ways:

1. Transferring money to a mobile phone account.
2. Transferring funds to an electronic wallet.
3. Transfer to a regular debit card.
4. Getting cash through an ATM, cash desk.

These actions are easy to perform if there are no additional restrictions on this credit card. It is better to clarify this issue in advance, on the official website of the bank or when visiting one of the branches.

Let's take a closer look at each method that allows you to understand how to withdraw cash.

Using an ATM or cash register

It is necessary to take into account some features associated with the implementation of the action:

1. Loss of all grace period benefits. From the date of receipt of cash, these additional conditions simply cease to apply. This is why interest is charged on the debt. Interest rates for credit cards are usually higher than for standard programs.
2. Payment of additional commissions for cashing out. For an ATM and a cash desk, this amount is usually the same. The fee is calculated as a percentage of the amount disbursed. But there are limits to the minimum and maximum. If you use ATMs of a third-party institution, then such payments will become even larger.
3. There are certain limits on transactions. That is, at one time the user will not be able to receive more than the specific amount specified in the initial conditions.

The most profitable use of the card is cashless payment

Transfers from credit cards to debit

This is the optimal solution. First, we transfer money to a debit card. Then the funds are withdrawn from it without additional expenses.

Wire transfer also involves additional fees. But most often they are less than when cooperating with cash desks or ATMs. Therefore, it is recommended to consider the option.

The use of electronic wallets

To do this, you can use any banking system - Qiwi or Yandex. Money. Thanks to this option, the grace period requirements are not violated. That is, the loan will not require payment of interest. The transfer of funds to the wallet will be considered as a non-cash payment for the purchase. From an electronic wallet, you can transfer funds to a debit card, and from there you can already withdraw cash.
But even here, additional expenses do not disappear at all.

First of all, the client pays for the replenishment of the wallet, as well as the withdrawal of funds from it. But this method is still much cheaper compared to similar solutions.

If there was no electronic wallet yet, then its registration will take quite a bit of time.

Using a mobile phone number

This option appeared not so long ago. Cash withdrawal is carried out in one of the service offices of the mobile operator itself. It is only necessary for the owner to write an appropriate application.

But the solution has its own nuances:

1. The telecom operator independently sets limits on receiving funds in this way.
2. The bank takes a commission for this type of transfer from a credit card.
3. The effect of the interest-free period in some cases does not apply to such transactions. You need to clarify in advance what conditions apply to the credit card.

When withdrawing cash, the grace period ends.

Users themselves are constantly coming up with ways to avoid additional fees when withdrawing cash. Here are just a few options:

1. Purchase of any item in the store. According to the law, any product can be returned within two weeks. It is not even necessary to explain the reasons for this. After paying with a credit card, we choose the option of returning in cash. The percentage for the purchase is not deducted. Money after a while appear already in a pocket.
2. Making a purchase in the online store. The bank does not withdraw interest when such operations are carried out. After some time, you can ask to cancel the order, and the refund goes to the debit card. But you will have to spend some time waiting, at least five business days.
3. We invite friends to use a credit card for purchases. To pay for a product or service, you simply use your existing credit card. And the cardholder then receives cash, in the amount of the debt.
4. Mobile phone bill payment. Replenishment in this case also does not imply payment of interest. After the money is easily withdrawn to ordinary cards. The main thing to remember is that the operators themselves can charge a fee for the provision of services. Money leaves the credit card without commission, but the operators themselves will have to pay.

About additional solutions

These solutions are less popular, but also worth considering:

1. Purchasing gift cards from various partners of a financial institution. Typically, such offers are valid on the territory of large retail chains. After that, a transfer is made to a regular debit plastic. The offer from Russian Standard Bank is especially popular. The main thing is to find points of sale with the most favorable conditions.
2. Use of exchangers with electronic currencies. It must be remembered that in this case, the exchangers themselves charge additional commissions. Electronic currency is purchased at the expense of borrowed funds from plastic. Some services provide additional discounts when cashing out.

You can cash out in different ways

Withdrawal of funds through Qiwi

This is one of the most popular virtual wallets. Registration in the system is a mandatory requirement for the implementation of the scheme. The instruction is simple and clear, any user can easily get used to it:

1. We register in the Qiwi system. It will be enough to enter your personal contact information.
2. After registration, it will be easy to transfer funds from a credit card to the wallet of the payment system.
3. From the Personal Account, a transfer is carried out in the form of cash. The commission is minimal, it is only 0.75%.

The creditor will regard the operation as a non-cash payment for the goods. Therefore, the grace period will remain in effect. It remains only to replenish the credit account with the required amount. When the money is credited to the debit plastic, it will be possible to carry out the usual cash-out operation. You won't have to worry about additional expenses.

Conclusion

A credit card is one of the most convenient options for calculating, obtaining borrowed funds. It is only necessary to study in advance the nuances associated with the execution of contracts and agreements of the appropriate type.

Proper use of existing rules will allow you to forget about additional expenses. Even receiving funds in cash is not difficult, if everything is calculated correctly, use one of the above schemes.

This is an additional option that is used by almost all banks. Citizens have “tasted” this feature and are deliberately looking for lenders who issue just such products. And banks are forced to adapt to the needs of borrowers, so now almost all credit cards are connected to a grace period. Credit cards without interest for the use of money are a popular product.

Grace or grace period is a period of 50 days or more. It is within its framework that you can use borrowed funds for free. Some banks, in order to attract borrowers, set even longer loan periods up to 240 days. Offers with such a long discount can also be found on this page, they are available for online registration.

Features of cards with a grace period:

• Note that the grace period often only applies to transactions for payment for goods and services. Cashing out is not covered by it. But there are exceptions, for example, in Alfa-Bank;
• so that the bank does not accrue interest, you need to close the debt in full before the expiration of the grace period. If it is 55 days, you must definitely meet it, otherwise an overpayment will be formed;
• the bank provides tools to track the expiration date of the grace. Information can be seen in your personal account. In addition, every month the client will receive SMS messages indicating the minimum payment and the expiration date of the grace.

If you plan to use the card for 120 days without interest (or another long period), do not forget to make monthly payments. They are mandatory, despite the effect of grace.

Where can I get a credit card without interest

There are plenty of offers on the Brobank.ru portal for issuing interest-free credit cards with an attached grace period. You can choose any of them and immediately submit an online application for extradition. Ideal options are credit cards with a discount of 100-110 days, consider the following interest-free products:

• This bank offers the largest interest-free period, its cards can be used free of charge for up to 240 days. There is no such offer anywhere else. But when choosing, keep in mind that the bank charges a service fee of 599 rubles per month. It is not charged if you spend more than 60,000 rubles non-cash in a month.
• card with 120 days of free use. The bank offers a large limit of up to 1,000,000 rubles and free service for purchases of 15,000 rubles per month. If you need a limit of up to 100,000 rubles, only a passport is enough; if you request a larger amount, 2-personal income tax is required.
• One of the most popular credit cards with a grace period, you can use it for free for up to 100 days. And the most attractive is a card without a commission for cash withdrawals within the limits of 50,000 rubles per month. In addition, grace also applies to withdrawals, which is extremely rare on the market.
• 110 days without interest. It's also a pretty interesting proposition. If you are interested in credit cards with cash withdrawal without interest, this is the right option. For free service, it is enough to spend 8,000 rubles from the card account on purchases.
• cashback card. It can be used for free for 111 days. Additionally, the client receives another bonus - the cashback option, he returns back to the account up to 5% of the spent.

You may also be interested in VTB Multicard, it has an interest-free period of 101 days. If we consider the proposals of Sberbank, then its interest-free credit cards can be used for a maximum of 50 days. Tinkoff also gives a benefit, but its term is up to 55 days.

Compare the conditions for issuing different cards, read reviews from those who have issued and use such a product. The most important thing is that when receiving a credit card, check with the manager at what point the period begins when you can use a credit card without interest.

If the bank says that it sets a grace period of 90 days, then these days can be recorded from the date the card was made, from the date the first debit transaction was made. This is important to clarify, so as not to get confused later in the timing. And it’s better to immediately connect an online bank to view the terms of the grace. Banking is provided free of charge, through it you can carry out various payment transactions online, just keep track of accounts.

How to cash out a credit card with a grace period

All credit cards can be cashed out using any ATM. In this matter, it doesn’t matter whose device you use, even the “native” bank, even any other. But an important point is that the standard grace period does not apply to such operations. And some banks even turn it off if the client withdraws cash. In addition, the fee for cashing out a credit line is always high.

If you want to get a credit card with an interest-free period, which will be optimal for withdrawals, choose the Alfa-Bank product 100 days without interest. According to it, grace is valid for more than 3 months, and you can withdraw up to 50,000 rubles a month without commission, and the benefit applies to these operations.

Get a credit card for a period of 100 days without interest

It is possible to issue a personal card with cash withdrawal without interest via the Internet. To apply, you do not need to visit a banking institution or stand in long lines. It is enough to fill out a questionnaire on the official website, while the client does not have to provide detailed personal information. When registering, you may need your full name, phone number and a copy of your passport. The whole procedure takes about 5 minutes. You can quickly issue a card through the site if you have a computer or any other gadget with the Internet.

Steps for issuing a personal credit card:

1. Filling out an application on the official website.
2. Receipt of the card in hand (via courier or by mail).
3. Carrying out the activation of a credit card through the phone.
4. Transfer of the amount of funds specified in the contract.
5. Use of the card.

Most users do not know how to cash out in case of providing a credit card service. In such a situation, you can contact the technical service for help. Also, during registration, it is recommended to read the reviews of real customers who are already registered and use a credit card. The total period of using the card on preferential terms can be changed at the discretion of the user, taking into account the rules of the institution. The ability to withdraw money is available after activating the credit card.

Online application for a credit card without interest for cash withdrawals

By applying online for a credit card, you can save yourself time and money. To conclude an agreement and receive a loan, it is not necessary to be present at the bank. Express money services are quite in demand in the domestic space. Therefore, if you need to take a cash loan, it is best to contact the bank and apply for a card online.

FAQ

What are the most affordable credit cards without interest?

By affordable we mean credit cards that are issued by loyal banks without certificates. They have the highest chance of being approved. We recommend considering the following products:

• Alfa-Bank, 100 days without interest. Approves many applications, certificates are not required;
• Tinkoff, Platinum. Issues a decision on an online application in a few minutes, then immediately sends a credit card to the client. The bank is as loyal as possible;
• UBRD. Here you can apply for a credit card on one passport. Requirements for borrowers are extremely low. l/i>

What are the best interest free credit cards?

If you need a profitable card, analyze the offers of banks that issue reference cards. They always set the most favorable conditions and the most significant limits. For example, you can consider the products of Sberbank, VTB, Gazprombank, Promsvyazbank .. All of them issue profitable cards and connect a grace period to them.

Which interest-free cards can be cashed out for free?

First of all, consider Alfa-Bank's "100 days without interest" credit card for registration. You can withdraw up to 50 thousand a month for free, and this operation is subject to a grace period. You can also consider the offer of Raiffeisenbank, it issues credit cards with 100 days without interest and does not charge a cash withdrawal fee.

Does Sberbank issue interest-free credit cards?

Sberbank connects a grace period to issued credit cards, so you can really use the loan line for free as part of the grace period. But the period is short, maximum - 50 days. Cash-out operations do not fall under it, payments and transfers do not.

What conditions does Alfa-Bank set for issuing a card for 100 days without interest?

Applications for this credit card are accepted from all citizens over the age of 18. It can only be Russians who have a permanent residence permit and a monthly income after tax - at least 5,000 rubles.

References are not required, but without them, the limit will be lower, and the rates will be higher. For one passport, Alfa-Bank issues up to 50,000 rubles, for a passport and a secondary document - up to 200,000. Above - only with certificates. The maximum program provides for the issuance of up to 1,000,000 rubles.

Hello my friends and followers! I'll start the main idea with a little background.

The other day I was walking home from work and suddenly a former colleague from a neighboring workshop overtook me. After talking about "urgent matters", we slowly approached the ATM. I didn’t even have time to “blink an eye”, as my friend took out a Sberbank credit card and quickly went to withdraw money from it. When she returned, I, perplexedly, tried to find out the reason why it was necessary to urgently withdraw cash from a credit card at a huge interest.

As it turned out, she simply did not know the most profitable ways to cash out a credit card, therefore, with constant frequency, she withdrew cash from an ATM. Not having time, due to high interest, to repay the previous amount on time, she continued to take the next one, thus increasing the loan debt.

After standing a little longer, I suggested to her other options on how to cash out a credit card, but the fact itself, nevertheless, surprised me very much. It turns out that many people, having credit cards available, are completely unaware of the fact that you can withdraw cash from a credit card at a much lower interest rate than through a terminal.

How to withdraw cash from a credit card

For someone else, but for me, a credit card is such a lifesaver that often helps in emergency situations, so I can hardly imagine how you can do without it.

"People's" opinions about the map are very contradictory. Some do not get enough of them, others, on the contrary, "disown" with all their might. The reasons for this attitude are different for everyone. Someone is simply afraid to use it, because they haven’t fully figured out the grace period of the card, and someone, initially, does not trust banks and is obviously looking for a catch in the cards.

Generally speaking, credit cards are not intended for cash withdrawals. They have a slightly different goal - payment by bank transfer. And if you strictly adhere to the grace period, then you will not have to pay any interest. On the contrary, if the card has a cashback, then part of the funds spent will be returned back to the card. Well, it's great! 👍

For me, a weighty argument in favor of the card is the fact that you don’t need to constantly run around friends and beg from them for 2-3 thousand for food before salary.

But situations are different. Sometimes you may urgently need cash, but relatives and friends do not have “free” money “as a sin”, and then, except for a credit card, there is nowhere else to take them.

Withdrawing cash from an ATM and through the cashier

At the moment, the choice of withdrawing cash from a credit card directly is not great - only through an ATM or at the bank's office, through the window of a passport specialist. Let's take a closer look at what "this pleasure" can cost us.

1. A credit card is good because you can use money by bank transfer, which the bank provides us with no interest, i.e. during the grace period. Most often it is from 20 to 50 days, depending on when it started. If you fit into this time period, i.e. to repay the entire debt in full, then you do not need to pay, respectively, anything.

If, for some reason, you do not have time to meet this period, you will have to pay - a certain percentage of the amount owed for each day of delay. This "certain percentage" already depends directly on your card, i.e. which bank provided it and under what conditions. All information is available in the agreement that you conclude with the bank.

Therefore, without fail, all important issues need to be clarified, even BEFORE YOU SIGN THE CONTRACT! ❗❗❗

2. If you withdraw cash from a credit card, then the grace period ceases to exist immediately, i.e. with the receipt of money, interest begins to “drip”.
3. In addition, when withdrawing cash, you have to pay a commission to the bank, i.e. 3% of the withdrawn amount, but NOT LESS than 390 rubles. If the bank is third-party, then you will have to pay 4% (at least 390 rubles).
4. And then you have to pay 5% per month of the amount spent +% on the card. The percentage on the card is different everywhere and it is spelled out in your contract issued upon receipt of the card. For example, in my Sberbank credit card, the interest is 23.9 per annum, which I will be required to pay in case of card debt.

Suppose I withdrew cash from a Sberbank ATM for 5 thousand rubles and did not use the card for a whole month.

• My debt immediately increases by 390 rubles upon withdrawal.
• Further, 250 rubles (i.e. 5%) of the withdrawn amount will be taken per month.
• And 100 rubles will be taken as% on the card, i.e. 23.9%.

The total is: 250+390+100 = 740 rubles per month. It seems like even a little.

But, alas, do not rush to rejoice. No one has ever had a mathematical calculation coincide with the calculations of banks. In any case, the debt will be over 1 thousand rubles, somewhere in the range of 1100-1200 (based on the practical experience of my friends).

All these calculations are made in banks by special programs. And what exactly is laid down there, what formulas and coefficients, no one will ever tell you, because even ordinary employees simply do not know this themselves. They will “powder the brain” to the last, but you will never get any specifics from them. Believe me!

Therefore, do not take risks once again, resort to withdrawing cash in this way, only in a VERY EXTREME CASE.

Cash withdrawal using e-wallets

Let's look at other ways. After all, they do exist.

1. Withdrawing money by transferring from the card to any electronic wallet - QIWI, WebMoney or Yandex.Money.
2. Replenishment of the balance on the phone from a credit card, and then transferring money from the phone to electronic wallets.

But what is the most profitable to use from this, I want to check it myself, since in various articles from the Internet there is very contradictory and incomprehensible information. Maybe it's just outdated, maybe something else, but I can't refer to it anyway.

So, let's start the experiment.

To get started, of course, you need to get all three electronic wallets.

Operations with Yandex.Money e-wallet

It is impossible to transfer money from a credit card directly anywhere. These operations are prohibited by banks. All we can do is replenish, pay or block the card.

Therefore, in order to transfer money from a credit card to email. wallet you need:

Operations with QIWI e-wallet

All actions here, in fact, are repeated, as with the Yandex.Money wallet:

There is no difference in amount between transferring money from a wallet to a debit card and withdrawing money directly from a QIWI card. Here it is, to whom it is convenient.

Operations with WebMoney e-wallet

With a WebMoney wallet, things are a little different.

1. We enter the private cabin.
2. Click "Individuals" and "Money transfer".

Since we are interested in a credit card, in the window that opens, select "From a bank card".

None of the three methods provided, you can not transfer money from a credit card. “From a bank card online” only a debit card is active. So you can easily replenish your wallet from it without interest, but it will not work with a credit card.

The transfer fee from an electronic wallet to a card is 2.5% + 40 rubles, regardless of the amount.

I will talk about how to replenish the balance of an electronic wallet using a phone in my next article.

Brief conclusion

In the course of writing the note, at the end of each subheading, I diligently cited small conclusions. Now, combining them all together, we get the following picture.

1. If you withdraw money directly through an ATM, then this is the most expensive and unprofitable way. It is better to use it only in the most extreme cases. In money it turns out from 740 rubles per month + the loss of the grace period.
2. Transfer to a Yandex.Money wallet is 1%, over 4 thousand rubles - no commission. Withdrawal of funds - 3% + 45 rubles.
3. Transfer to QIWI wallet is 1%, over 2 thousand rubles - no commission. Withdrawal of funds 2% + 50 rubles.
4. WebMoney wallet cannot be replenished from a credit card.

P.S. Since everything in life is changing very rapidly, there have been slight changes in the use of Sberbank credit cards. Now, from June 25, 2019, it became possible to transfer money from a credit card to a debit card. The commission is 3% of the amount, but not less than 390 rubles. The grace period, as well as when withdrawing cash through the terminal, does not apply. In many banks, this service has already existed for a long time.

So choose the option that you like best, fits and suits.

Ask questions and share your stories!

I will always be glad to see you on the pages of my blog, at my “home”.

In the modern world, traditional banknotes are gradually losing their popularity, giving way to non-cash payments. With their help, we receive wages or pensions, pay bills and make purchases. However, situations often arise when money is needed on hand. Therefore, when applying for borrowed funds for "plastic", you should choose credit cards with the ability to withdraw cash.

This service is a convenient way to solve money problems. A simple procedure allows you to quickly receive a payment instrument at a branch of a financial institution and use the funds at your discretion. In addition, banks often provide a grace period - a period of time during which interest-free repayment of the debt amount is possible.

At the same time, you will be offered many useful options - for example, cash back (returns part of the amount spent) or participation in affiliate programs and discounts in some stores. For these reasons, experts call "plastic" a versatile tool that saves money in everyday life.

Withdrawal conditions

Before applying for a card, you need to carefully study all the parameters for receiving cash. First of all, attention should be paid to the following aspects:

At the same time, one should not forget that when dealing with borrowed finance, it is necessary to consider the conditions for their use - the rate, duration and repayment schedule. It would be useful to find out about the possibility of early repayment or debt restructuring in case of unforeseen circumstances.

Another important point that will help in making a decision. Ideal products do not exist, so you need to focus on your capabilities and needs. Determine how often you intend to withdraw money through an ATM or cash desk of the organization - so you will understand what limit suits you. Well-chosen "plastic" will not only help you solve financial problems, but also reduce costs.

In the site catalog you will get acquainted with the current offers and their conditions, compare all the parameters and choose the most suitable option for yourself. Also here are all the requirements for potential customers. And if you have any questions, you can contact support by phone or online.

Our resource is constantly updated, and in the ratings section, visitors leave reviews and ratings about banks. To apply, you just need to submit an online application, which will be processed by our specialists and sent to your organization. the site is the largest analytical portal in Russia, which is used by more than eight million people across the country.

Consider how to withdraw money from a credit card, what conditions may differ in cashing plastic from a particular bank.

Some financial institutions suggest such a possibility, others do not. In this case, the operation can be paid or free (without commission and within the grace period).

Any withdrawal of money from a credit card means the use of borrowed funds, which will need to be paid during the grace period if you want to avoid overpayment. It does not matter whether it is a non-cash payment for goods and services or debiting at an ATM. Some payment instruments do not involve cashing out at all. Others do not provide for a grace period for the return of debited money - the established commission is charged immediately upon completion of such an operation.

If you use plastic, which makes it possible to remove and then use banknotes for settlement, you should familiarize yourself with the features of this procedure in detail.

As a rule, it is more profitable to pay with credit plastic directly. The use of a banking product in this case may be accompanied by the accrual of bonuses from partners, cashback. At the same time, some banks make it possible to withdraw money from a credit card without a commission, while others require additional write-offs for such operations. Previously, some customers transferred funds from credit cards to debit plastic, so that later they could safely cash them out at an ATM. But financial institutions quickly took into account this possibility and began to charge a commission for such transactions. Now most banks perceive the transfer of money from one plastic to another as cashing out credit cards.

Is it possible to cash out a credit card without commission?

This question is probably asked by every holder of credit plastic, who at some point needs to pay in cash. In fact, it all depends on the terms of service of the issuing bank. If debiting without commission is allowed, then you can cash out funds to return them without overpayment during the grace period. If not, such a possibility of using plastic is excluded. Looking for any tricks on how to cash out a credit card without a commission is sometimes simply pointless.

Let's take a look at some of the leading banking organizations in Russia as an example to see what the commission for debiting funds will be.

Among the banks that make it possible to withdraw money from a credit card without commission. These include, for example, Alfa-Bank (“One Hundred Days Without Interest” product) or Raiffeisenbank (“Cash Card”). These are credit cards, where a grace period applies to ATM withdrawals and payment for goods and services. But there are banks that do not provide such an advantage. As an example, consider two leading financial institutions in Russia - Sberbank and Tinkoff Bank.

Sberbank

If you plan to withdraw cash from an ATM of Sber itself, the debit amount in this case will be 3%, but not less than 390 rubles. If you withdraw funds through a cash desk or an ATM of a third-party bank, the commission at Sberbank will be 4%, but not less than 390 rubles. The overpayment for transactions that are not covered by the grace period is 21.9-25.9%.

For some operations for which a credit card is used, Sberbank (cash withdrawal in this case is similar to transferring funds to other cards or electronic wallets) charges a commission immediately. We can say that some transactions are not covered by the grace period, which means that it will not be possible to return the funds spent without an overpayment. The commission is charged immediately at the time of withdrawal of funds. List the operations for which Sberbank will also require you to pay interest:

• cash withdrawal,
• transfer to another plastic or electronic wallet,
• purchase of currency (not only foreign, but also digital),
• buying lottery tickets,
• exceeding the credit limit
• buying traveler's checks
• payment for online games,
• transactions in casinos and bookmakers.

When transferring funds in Sberbank Online to your own debit plastic, the commission will be only 1%. After that, you can easily cash out money at any ATM of the issuing organization.

Bank Tinkoff

If you have a Tinkoff credit card, you will not be able to withdraw cash directly without a commission. You cannot directly use plastic to get paper money in your hands and not overpay. We will discuss ways to get around this condition below.

Interest for the use of plastic "for other purposes" will be significant. For example, withdrawing cash from a platinum Tinkoff credit card will be 2.9% of the amount plus another 290 rubles, if you use any other card - 390 rubles.

In addition, you should take into account the amount of interest per annum in the event that you go beyond the grace period. At Tinkoff Bank, it is 35-45%.

For purchases at some partner stores, the grace period is 365 days. If you purchase a product to return it, there is a chance that you will be given cash, but there is also a high risk that the money will be transferred back to the same plastic with which the payment was made. However, the amount of time the store is required by law to refund the purchase price will be shorter than the grace period, meaning you don't run the risk of being forced to pay interest.

How to withdraw money with a minimum commission or without it

Cash withdrawals: negative examples. There are some dubious ways to withdraw money from a credit card so as not to pay a commission. Let's consider some of them.

One of the options for actually cashing out funds withdrawn from a credit card is to return a purchase paid for with bank plastic. This method cannot be considered quite convenient for a number of reasons:

• not every product can be returned (hygiene products, underwear, food, dishes made of polymeric materials, household chemicals, medicines, cosmetics and others are not subject to return);
• there is a risk that the store will report the transaction to the bank and the latter will charge a commission without taking into account the grace period;
• the outlet can return the funds to the same plastic that you used when paying for the purchase, and will not issue them in cash;
• the store can return funds within a certain period (some consider the issue within two months), which can lead to going beyond the grace period, and therefore paying interest in accordance with the tariff.

Another way is to pay for a cellular service, after which you can demand that the operator return the accrued funds to you for a set of debit plastic.

But there are also completely legal and, moreover, reliable ways to get money debited from a credit card. Here are some examples:

• paying with a credit card for a friend or relative's purchase, for which he will simply give you the same amount in cash. In this case, you can get cash not only quite legally, but also without commission. This is perhaps the best option of all;
• a similar way - the purchase of goods in a pool. You pay with your credit card the entire amount, and everyone who discounts on a purchase returns their part to you in cash. To do this, you just need to find people who will be interested in it, as well as choose a product whose cost does not exceed the limit of your plastic;
• transfer to debit plastic of the financial institution-issuer. In this case, a commission is expected, but it will be minimal;
• using a virtual payment instrument. Once you receive your payment details, you can use them to transfer funds from a credit card and then transfer them to a debit plastic. The size of the commission for each service can be individual. It is better to clarify this condition in advance.

Which method to choose, the owner of the credit card decides. But it is better to use such cash withdrawal methods that will not lead to significant financial losses.

• you should not resort to the services of dubious organizations that offer to withdraw cash from a credit card for a moderate fee. In this case, you run the risk of simply losing borrowed funds, which you will still have to return one way or another. Most likely, you will simply give money to scammers. If you definitely need cash, it is better to apply for a standard consumer loan with clear conditions and simply pay it out as part of the concluded agreement;
• do not count on the fact that you will be able to freely return the goods and receive funds from the outlet. Unexpected delays may arise, nuances may come to light that will lead to falling out of the grace period and returning money with interest;
• if you use a credit card, it is better to take advantage of its benefits by choosing what to spend money on by bank transfer. In the event that you definitely need cash, it is easier to contact the same bank where you issued the payment plastic to take a consumer loan. In this case, you will be able to write off funds to pay for it, including from a credit card.

Conclusion

So, we looked at possible ways to cash out a credit card. The very possibility of such an operation as withdrawal of funds depends on the terms of service of the issuing bank.

So, a Sberbank credit card makes it possible to cash out a credit limit, but you will have to pay interest for this operation. Some banks issue payment instruments for which ATM withdrawals will be free.