How to activate the overrun function of Minsheng Bank's credit card

Activation method:

To activate the overrun function, please edit the "last four digits of KC" with the reserved mobile phone and send it to 1692895568; To turn off the overrun function, please edit the "last four digits of QC" with the reserved mobile phone and send it to 1692895568.

Credit card exceeding the limit is a special service provided by the bank for cardholders, which allows cardholders to overdraw beyond their credit limit when the credit limit is insufficient, in case of emergency.

At present, Minsheng Bank allows customers to use a small amount in excess of the approved credit line, and the over-limit line cannot be used for transfer or cash advance. Minsheng Bank's credit card can only exceed the limit after the over-limit service is opened, and it can only exceed the limit once in a billing cycle.

if the customer uses the overrun function continuously in two consecutive billing cycles, the overrun function will be automatically turned off on the billing day of the second billing cycle.

it should be noted that the specific amount that can exceed the limit is determined according to the cardholder's comprehensive card use. The over-limit ratio of gold and general cards is 1% of the current credit limit, and the over-limit ratio of platinum (inclusive) cards is 5% of the current credit limit (if they are in the temporary adjustment period at the same time, they will be calculated according to the post-adjustment credit limit). The over-limit limit cannot be used for transfer and cash advance.

after the cardholder opens the over-limit function service, the over-limit fee will be charged at 3% of the over-limit part when the transaction is over-limit, and the minimum 1 yuan will be generated with the transaction. After over-limit use, the charging standard for over-limit fee is also 3% of the over-limit part, with the lowest 1 yuan.

Extended information:

Credit card overrun function and business is one of many businesses of Minsheng Bank. Besides, Minsheng Bank also operates and provides many business services to consumers. These business services include:

1. Absorbing public deposits;

2. Issue short-term, medium-term and long-term loans;

3. handle domestic and international settlement;

4. Handle bill acceptance and discount;

5. Issue financial bonds;

6. Issue, honor and underwrite government bonds as an agent;

7. buying and selling government bonds and financial bonds;

8. Engage in interbank borrowing;

9. buying and selling foreign exchange as an agent;

1. Engage in bank card business;

Baidu Encyclopedia-China Minsheng Bank

I would like to ask if the credit card of Minsheng Bank can exceed the limit

The credit card of Minsheng Bank cannot exceed the limit. According to the relevant provisions of the Notice of the People's Bank of China on Matters Related to Credit Card Business, Minsheng Bank has cancelled the "over-limit fee" charging items since January 1, 217, and no longer provides over-limit services.

China Minsheng Bank, CMBC for short, is the first national commercial bank established by private capital in Chinese mainland, which was established on January 12, 1996. Major shareholders include Liu Yonghao's New Hope Group, Zhang Hongwei's Oriental Group, Lu Zhiqiang's China Oceanwide Holding Group, China Shipowners Mutual Insurance Association represented by Wang Yugui, China Life Insurance Co., Ltd., Shi Yuzhu, etc.

For more information about whether the credit card of Minsheng Bank can exceed the limit, go to: See more

What does it mean that the credit card limit of Minsheng Bank is exceeded?

It means that the cardholder exceeds the credit card limit when overdrawing.

Minsheng Credit Card can be used beyond the limit, and the limit is generally not more than 11% of the original limit of the card. For example, if the credit limit is 2, yuan, the credit card can spend 22, yuan at most, and 2, yuan is the limit.

Minsheng Credit Card will flexibly grant the credit limit according to the credit status of the cardholder, and it can be used first and then repaid within the credit limit, and enjoy an interest-free repayment period of up to 51 days. During holidays and when customers go abroad, Minsheng will take the initiative to increase the temporary quota for customers, and actively increase the quota for customers who continue to use their cards in good condition.

Extended information:

Credit card withdrawal method of Minsheng

1. Telephone withdrawal method

Call customer service and ask him to transfer you to the customer service manager. After checking the information, you tell the customer service manager that you rarely travel abroad and ask him to help you increase the quota. After the credit card withdrawal of Minsheng is adjusted, you say that you are afraid that it will not be enough and ask him to help you with the withdrawal.

2. Over-limit withdrawal method

People's livelihood has an over-limit function, which is generally 1%-3% of the quota. Call to turn on the over-limit function, and the original quota will be reasonably consumed by the credit card withdrawal of People's Livelihood. Then, the over-limit part of the money will be swiped out with a 1.25 pos machine, and the money will be returned. Call to cancel the over-limit function every other day, and then there will be a temporary quota every other day.

3. Temporary conversion to fixed method

First, the temporary reasonable consumption is made, and the money on the bill is returned on the billing date, and 7% of it may be directly converted to fixed. No matter which bank wants to apply for a new card, the amount of the old card must be above 6%, and the Minsheng Credit Card will be credited to the online banking application.

Baidu Encyclopedia-Minsheng Bank Credit Card

In 221, Minsheng Bank's credit card can exceed the limit again

In 221, Minsheng Bank's credit card can be used beyond the limit. According to bank regulations, the limit that Minsheng Credit Card can use beyond the limit is 1% of the credit line. If converted into multiple, the maximum allowable limit is 1.1 times of the original credit limit. Suppose the cardholder's credit card limit is 1, yuan, and the limit that can be used beyond the limit is 1, yuan. In addition to the credit card of Minsheng, in 221, many banks' credit cards can use the over-limit credit card. ICBC's credit card defaults to the over-limit limit; The credit card of Agricultural Bank of China opens the over-limit line by default; The credit card of China Bank opens the limit by default; By default, the credit card of Guangfa Bank opens the over-limit line; Ping An Bank's credit card defaults to the over-limit limit; The credit card of Industrial Bank opens the over-limit limit by default; Minsheng Bank credit card can be opened, but it is not the default, and the cardholder needs to go to the bank to apply for opening the over-limit line. In addition, cardholders need to be reminded that after using the over-limit amount, banks need to charge a certain percentage of over-limit fees according to the over-limit amount. For example, Minsheng Bank's overrun fee is 3%, Agricultural Bank's overrun fee is 5%, and Shanghai Pudong Development Bank's overrun fee is also 5%.

second, how many days can Minsheng credit card repayment be postponed?

The credit card repayment of Minsheng Bank can be delayed for 3 days. If it is necessary to extend the repayment time, you need to apply to the bank. If you pay off within 3 days, it will be regarded as timely repayment, and no fees will be incurred. If you only pay the minimum repayment amount, you need to pay .5% interest every day; If the repayment exceeds 3 days, it will be regarded as overdue. In addition to paying interest, a late fee of 5% of the unpaid part of the minimum repayment amount will be paid monthly.

If the credit card overdraft limit is returned on time, once it is overdue, the interest and penalty interest will often be huge, even several times higher than the principal. Once the credit card is stopped, it should be cancelled in time, otherwise the annual fee will continue to be generated, which will lead to bad records in the personal credit information system.

Let's stop here for the introduction of Minsheng Credit Card Excess.