If a customer has set a single-day transaction limit for the China Merchants Bank credit card and wants to cancel or modify it later, he only needs to log in to China Merchants Bank's credit card APP "Pocket Life", click "Card Management", and then Click "Card Limit Settings", select the limited card, click to enter the details page, and then click "Modify Limit" or "Cancel Limit".

Of course, if it is a credit card quick payment limit, it is usually stipulated by the bank and is difficult to lift or modify. For example, the credit card WeChat quick payment limit of China Merchants Bank is: a single transaction limit of RMB 50,000, and no limit in a single day/month; the Alipay credit card quick payment limit is: a single transaction of RMB 100,000, no limit in a single day, and no limit in a single month.

Extended information:

Everyone needs to note that after setting the online payment limit by yourself, all credit cards under your name will enjoy an online payment limit, and the limit will automatically expire at 24:00 every day. Cleared and not restored due to repayment. The professional version of online banking payment, quick payment and overseas website payment are generally not subject to the "online payment limit".

1. What is the bank card limit?

There is no limit on bank card deposits, but there is a limit on transfers.

The transfer limits of some banks are as follows:

1. Industrial and Commercial Bank of China: the daily transfer limit is 500,000;

2. Bank of China: the daily limit for intra-bank transfers 1 million, and the daily limit for inter-bank transfer is 500,000;

3. China Construction Bank: the daily limit for intra-bank transfer is 1 million, and the daily limit for inter-bank transfer is 1 million;

4. Bank of Communications: within the bank The transfer is 1 million per day, and the inter-bank transfer is 1 million per day.

2. Bank card

Bank card refers to a credit payment instrument issued to the society by an approved commercial bank with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. . Bank cards reduce the circulation of cash and checks, allowing banking business to break through the limitations of time and space and undergo fundamental changes.

3. Classification of bank cards

Generally, bank cards are divided into credit cards and debit cards according to whether they grant the cardholder a credit limit.

Debit cards are divided into transfer cards, special cards and stored-value cards according to different functions. Debit cards cannot be overdrawn. Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money. A special card is a debit card used in a specific area and for special purposes. A stored-value card is a prepaid wallet-style debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund as required by the bank. When the reserve fund is insufficient to pay, the cardholder can overdraw within the credit limit specified by the card-issuing bank.

In addition, bank cards can also be:

(1) Divided into magnetic stripe cards and chip cards according to different information carriers;

(2) According to whether the issuing entity In the country, it is divided into domestic cards and overseas cards;

(3) According to the different issuing objects, it is divided into personal cards and corporate cards;

(4) According to the different account currencies, it is divided into RMB card, foreign currency card and dual currency card.