Credit card transaction amount exceeding the limit refers to exceeding the amount that can be consumed by the credit card.

Credit card over-limit occurs in the following situations:

1. The amount of credit card swiped exceeds the maximum single transaction limit for the day.

2. There are transaction risks in online transactions, and the credit card limit is controlled by the bank.

3. Because bad card usage records are monitored by the bank, the bank limits the single transaction limit at specific merchants.

Extended information:

Methods to lift the transaction amount exceeding the limit:

1. Pay in several installments.

2. Bring your ID card and bank card (credit card) to the bank to modify or cancel it.

3. Log in to online banking and modify or cancel the transaction amount.

The pre-authorized transaction amount exceeds the limit because the available balance on the bank card is insufficient, or the credit limit of the bank card is limited.

Whether it is a credit card or a debit card, pre-authorization can be performed. However, a credit card needs to have a sufficient overdraft amount, and a debit card needs to have a sufficient account balance.

Pre-authorization refers to a transaction in which the card issuer or its agency confirms the permitted frozen limit before the special merchant debits the money.

Pre-authorization will occupy the credit limit of the card. When the customer settles the pre-authorization, the pre-authorization will be cancelled. If the customer does not make settlement within 30 days after the pre-authorization occurs, the pre-authorization will be cancelled.

People's Daily Online - Cash transaction of RMB 50,000 reported, Alipay and other non-bank payment institutions are under supervision