Nowadays, more and more people are accustomed to using credit cards for consumption. If you use the card well, in addition to the bank's card approval limit, there will also be a second limit, which is the credit card's special installment limit. So, why do credit cards have two limits? What's the difference between the two? Let’s take a look.

Why do credit cards have two limits? In fact, as mentioned before, this is the result of using the card well, coupled with good qualifications in all aspects, and being a high-quality cardholder of the bank, you will have the opportunity to obtain both the fixed credit card limit and the special installment limit at the same time. This also means that cardholders must use the card after they get it, use the card in a standardized manner, and pay back the money on time, so that they can get a special limit. Otherwise, when the bank sees that the card is not used, it will think that there is no demand for the credit limit, and the fixed limit of the credit card will not be used up, let alone a special installment limit.

What is the difference between the two credit card limits? 1. The special credit card limit is to meet large consumption or cash needs, with a maximum limit of 300,000. Although the limit is different for everyone with different qualifications, it is usually tens of thousands; the fixed limit of a credit card is not that high, just a few There are thousands, tens of thousands or even hundreds of thousands. The key depends on qualifications. 2. Credit card special limit can be divided into large-amount consumption installment limit and large-amount cash installment limit. Both can only be used for special purposes. When applying, you need to select the purpose of the funds. If the application is successful, you must use the funds for the designated purpose and save the relevant information. Consumption voucher; credit card consumption and cash withdrawal are acceptable. 3. Most of the credit card special limits are granted once, and you can apply for multiple times within the limit. However, if you apply for the entire limit, it will not be restored with the repayment. The limit will only be re-applied when the conditions are met in the next comprehensive evaluation; Once the credit card fixed limit is used, it will be restored with repayment. The above is the relevant introduction to "Why do credit cards have two limits?" I hope it will be helpful to everyone.