After the application is successful, the credit card can obtain a certain credit limit issued by the bank, which can be used at will. As long as you can repay the loan at the specified time, you can also enjoy interest-free service. In addition, in order to avoid emergency use of credit cards, the bank has also granted credit cards a certain limit. So will the over-limit use of credit cards affect credit? Let's get to know each other.

Will credit card exceeding the limit affect credit?

Credit card overdraft will not affect credit. Credit cards are allowed by banks themselves. The general credit card limit is 65,438+00% of the credit card limit. Assuming that the credit limit of a credit card is 10000 yuan, the cardholder can use the credit card at most 1000 yuan. However, the premise that the credit card exceeds the limit does not affect the credit is that the cardholder repays on time as required. If you don't repay on time, it will still affect your personal credit information.

You need to charge a certain percentage of the overrun fee for using a credit card. Before paying off the overrun fee, you will charge five ten thousandths of interest every day until the cardholder pays off the debt. It is not allowed to use the installment repayment or the minimum repayment amount after the over-limit amount, and the full repayment must be completed on the last repayment date after the bill is issued.

It is worth mentioning that not all bank credit cards have an excess amount. For example, China Merchants Bank's credit card does not exceed the limit, so it is impossible to use the credit card for consumption beyond the credit limit of the credit card.