What is the routine of exchanging credit card points for cash?

The principle of converting credit card points into cash is to convert cardholder points into gifts. Then collect the gifts in cash according to a certain proportion of the value, and then concentrate on selling the gifts. And the cardholder gets the corresponding cash in his own hand. This is the general operation flow of exchanging credit card points for cash.

Because many credit card users don't know that there are points that can be redeemed for gifts, and even many people know that they don't redeem them just because those gifts are not what they want; Therefore, there are gift discount agents to help users convert gifts into cash, and these agents can also sell the recycled gifts to earn the middle price difference.

Converting credit card points into cash can only be converted into a certain proportion of credit card payment with the support of individual banks, which is also considered as cash conversion. Most bank credit card points can only be redeemed for gifts or shopping vouchers preset by the system.

It should be noted that website links on SMS, strange platforms on the network, strange websites and strange official WeChat accounts are mostly frauds. Don't trust them. It would be safer to find a face-to-face intermediary to exchange them.