Credit card swipes and credit limits are all very particular. This year, banks have stricter risk control, so you need to be more particular. In the past, merchants that were often used to make large orders, such as real estate, jewelry, home appliances, etc., were all classified as monitored merchants by banks. Therefore, if you want to make large orders again, it may not be so easy. If you are not careful, you will be classified by the bank. Enter and monitor merchants. So what should you pay attention to when swiping large amounts on your credit card?

Things to note when swiping large amounts with credit cards

In addition to choosing the right merchant, you must also pay attention to the following points, otherwise all your efforts will be wasted.

1. The time for swiping the card. Under normal circumstances, Monday to Friday are normal working days, and the amount of money people go out to spend will not be too large, so it is best to choose holidays such as Saturday or Sunday when spending large amounts. In addition, the time of swiping the card should also match the normal business hours of the merchant. For example, if you purchase cosmetics worth several thousand yuan in the early morning, the cosmetics store will usually be closed.

2. The number of times you swipe your card; try not to spend a lot of money on your bill, just swipe it once or twice occasionally. But now that risk control is so strict, it is necessary to match daily small-amount transactions, and try not to overlap too much with the usual credit card consumption limit. For example, if you usually only spend tens to 100 yuan, but suddenly spend tens of thousands of yuan, naturally, It will attract the bank's attention.

3. Credit card swiping limit. Although the bank gives you such a large limit, you can use it for everyone, but don't use it all at once. This is a sensitive area for the bank. No matter which bank, they don't like customers swiping a credit card. Therefore, when you spend large amounts of money, you should try to control it as much as possible. If you really need to, you can spend it in batches.

In short, if the credit card is used well, the limit can be increased, and if the credit card is not used well, the bank can reduce the limit and block the card. Therefore, everyone must pay attention to regular card consumption to avoid being targeted by banks.