The difference between the total amount of credit card and the available limit is the overdraft limit. Generally speaking, the total amount of credit cards is greater than the available amount of credit cards. The total amount of credit card refers to the maximum overdraft limit granted to the cardholder by the credit card issuing bank according to the credit status of the cardholder; The available credit limit of a credit card is the credit limit that can be overdrawn at present.

What are the advantages of using a credit card?

1. Credit cards are more portable and safer than paper money. It can replace the traditional cash circulation mode in a certain range and reduce the use of paper money;

2. Credit card has both payment and credit functions. Cardholders can not only use credit cards to buy goods or enjoy services, but also obtain a certain amount of loans from the issuing bank through credit cards;

3. The credit card is convenient and quick to use, which can simplify the collection procedures and save manpower and material costs;

4. As an advanced consumption tool, credit card can promote commodity consumption, expand consumer demand and stimulate social and economic growth;

5. Credit card repayment on time can accumulate personal credit, increase credit records, and benefit cardholders for life;

6. Credit card can be used as a financial management tool, so that the cardholder can grasp the monthly consumption situation in time, and its subsidiary function is also applicable to the financial management of both husband and wife or to understand the financial situation of their children.