During the credit card review process, there are many factors that affect the credit card limit. The Demon King has sorted out the main influencing factors. These factors are the basis for you to beautify your personal qualifications.

1. Personal assets

To put it bluntly, personal assets are the main evidence to prove your spending power and repayment ability. It also indirectly proves your credibility.

When applying for a credit card online, the bank can only use the information provided by the personal credit report to determine your "gold content" and the amount of credit granted.

When applying for a credit card at the counter, the teller will review the information you submit. Generally, the teller will ask you to submit proof of employment or bank statements to prove your ability to repay.

However, bank statements are only proof of stable income. If you can provide information about real estate, cars, large deposit certificates, etc. in your name. Then the bank will be very confident about you, and the chances of providing high-value credit cards will also increase.

2. Overdue history

The asset certification materials provided do not prove that you will repay on time.

You need to read your personal credit report. Credit card overdue records will be reflected in the credit report. A loan is overdue within five years, and a credit card is overdue within the past two years. If you have multiple overdue repayment records on your credit card in the past two years, it will be a problem for you to get a credit card, let alone a high-limit credit card?

So a good credit report is the key to your application for high-limit credit cards. Credit card premise.

3. Number of credit inquiry inquiries

In addition to looking at the overdue records on the credit report, bank approval staff will also look at the number of recent credit inquiry records.

For example, the number of credit inquiries made by the People's Bank of China in the past six months is greater than or equal to 10 times. If such a batch is reached, it is already a very high number of inquiries. If other qualifications are average or below, then the number of queries will most likely be rejected. Some banks will directly reject the application if the number of inquiries in the past three months is greater than or equal to 3 times.

Why is this?

The relatively high number of credit inquiries proves that cardholders have high demand for credit cards. This indirectly shows that the applicant has frequently applied for a card recently and has a very high demand for funds. High demand in a short period of time may lead to inability to repay later.

4. True information

Remember to truthfully fill in your basic information, work certificate, etc. when applying for a credit card. For example, directly filling in a monthly income of 100,000 yuan may cause trouble. If you cannot provide valid proof of income, you may be suspected of lying.

When the bank cannot confirm the true information, it will usually approve a credit card with a low limit. If you want to raise the amount, please provide proof of monthly income of 100,000.

5. Educational qualifications

Educational qualifications are a passport. It is generally difficult for junior high school and high school graduates to apply for high-limit credit cards. However, newly graduated college students and graduate students generally do not apply for very high credit card limits, and the probability of their credit card application being rejected is also relatively high. As soon as I graduate and enter the society, my demand for funds is extremely high, but what is my repayment ability? The bank doesn’t know either.

Therefore, if you have a high degree of education, a fixed job, and a stable income, applying for a high-value credit card is a good plus.

6. Liability situation

If the debt is high, repayment will be risky. The bank relies on a credit card for issuance. We hope you will use the card normally and spend the monthly limit. If every card has been used up, the bank will feel very unsafe. In this case, do you think the bank will reject the card directly or issue a credit card with a low limit? Generally speaking, the total liabilities of each bank are between 30% and 70 % is for normal card use. The best way to hold a card is to make regular monthly payments without overdue payments.

The bank's review is multi-faceted, and the purpose is to examine all aspects of the applicant to avoid mistakes. On the other hand, friends can also appropriately beautify the above points when applying for a credit card. Notice! It's appropriate, not excessive.