When using a credit card, we can apply for adjusting the credit limit ourselves, and the bank will also increase the credit limit according to the situation. The withdrawal amount includes a fixed amount and a temporary amount. Let's take a look at the advantages and disadvantages of raising the temporary amount with a credit card.

How about raising the temporary credit line?

When there is urgent need for money and the credit line is not enough, the temporary credit line can solve the dilemma of urgent need for money, and it is less difficult to apply for the temporary credit line. If there is no overdue record, you can basically apply for it.

In most banks, the temporary quota can promote the fixed quota, because raising the temporary quota can reflect the cardholder's demand for the quota on the one hand.

In addition, the temporary credit line can also accumulate points for credit cards. For some business people, more points also mean that they can redeem more air miles, thus reducing their spending in the air.

of course, there are many shortcomings of the temporary quota. First of all, the temporary quota has a service period. After all, it is only a temporary quota. After this time, it will return to the original quota. Moreover, if the temporary quota cannot be used for bill installment, it must be repaid in full, and the interest-free period is not enjoyed.

Does the temporary limit affect the credit card?

Adjusting the temporary limit by credit card may affect the opportunity to withdraw the fixed limit. After all, banks need to pay off the temporary limit in one lump sum, so there is great pressure to repay after the temporary limit. However, if they can repay normally every time, the user's credit information will be increased, and the temporary limit may not be conducive to raising the fixed limit. After all, banks have time requirements for raising the fixed limit.

However, the temporary credit limit granted by banks is actually to stimulate consumption. Therefore, everyone should consider their repayment ability when using these lines.