Extended data:
After the credit card was swiped vigorously during the Spring Festival, some new charging items such as over-limit fees appeared on the cardholder's bill. The so-called overrun fee refers to the extra overdraft given by the bank after the cardholder reaches the total overdraft of the credit card, which is generally 10% of the original overdraft. The advantages of this are: the cardholder does not need to temporarily apply for a higher quota or can't swipe his card; The disadvantage is that the cardholder has to pay 5% of the overdraft limit.
In order to avoid being charged by the bank, some cardholders turn to the bank to apply for a temporary increase in overdraft limit, the increase rate is mostly 10%-20%, and the term is usually 1 month. After the specified time, the credit card was restored to the original limit. Therefore, cardholders must remember the term of the temporary limit to avoid the phenomenon of overdue repayment of credit cards.
References:
Baidu encyclopedia-credit card