Are the two credit card limits shared?

Yes.

The credit limits of all credit cards with the same name (including supplementary cards) applied for by the same bank are exclusive, which means that the sum of the overdraft limits of all credit cards you apply for by the same bank cannot exceed the maximum. The limit of the credit card. If you hold a dual-currency card, the amount of RMB and RMB is also exclusive.

The so-called "*** credit limit" means that all credit cards held by the same cardholder use the same credit limit.

Limit *** sharing means that credit cards from the same bank share the same limit. Although several cards have their own single card limits, the total overdraft during use cannot exceed the credit card limit* The **exclusive limit is determined according to the maximum limit of the credit card you hold. That is to say, if you hold a Guangfa Bank credit card and have a credit card with a limit of 5,000 yuan, and a credit card with a limit of 10,000 yuan, then you*** The limit is 10,000 yuan.

Why do you need two credit card limits when you enjoy it?

In fact, there are reasons why many people apply for two credit cards. For example, they can enjoy different benefits, and there is a curved increase in credit limit.

1. Credit card rights

There are many types of credit cards issued by banks. Common ones include standard credit cards, co-branded cards, and some specialty cards. Different card types have different rights. In order to enjoy If you have more rights, you will get multiple cards to meet your needs.

For example, many high-end business travelers who have cars in their names will apply for a car owner’s credit card to enjoy car service benefits, such as gas discounts, vehicle maintenance, roadside assistance, etc.; because they may often fly around on business trips, There are also some airline co-branded cards that can be used to exchange points for miles, and some can even be exchanged for air tickets, etc.

2. Curved limit increase

Many friends have used their first credit card for a long time and have exhausted all methods and cannot increase the limit, so they will find other channels to increase the limit, such as through Apply for a credit card with a higher level to increase the limit in a curved manner. For example, for a gold card, you can apply for a platinum card. If the card is successfully approved and the limit is higher than the first card, it means that the curved line increase is successful.

Then you can call the bank service hotline, transfer to manual service, and apply to customer service to adjust the first card limit to the same level as the second card limit.

Can the credit card limit of the same bank be shared?

The credit card limit of the same bank can be shared. The sum of the overdraft limits of all cards cannot exceed the limit of the card with the highest limit.

The limit of all credit cards (including supplementary cards) under the same bank's personal name is limited to one person. The sum of the overdraft limits of all cards cannot exceed the limit of the card with the highest limit. If you hold a dual-currency card, the limit in RMB and RMB is also applicable. If you use the original limit of your credit card to make purchases and apply for installments, it will occupy your available limit (such as consumption installments, bill installments, cash installments, merchant installments); if you apply for large-amount special installments (such as car purchase installments, housing installments, etc.) Installment) will not occupy your available credit.

All credit cards from the same bank are entitled to the same limit. Without providing proof of large financial resources, the second credit card applied for by the same bank will refer to the limit of the first one. It is not possible to get a high limit by applying multiple times.

Bank credit card application conditions: Aged between 18 and 65 years old. Have a stable career and income. Have good credit and the ability to pay interest on time. Natural persons with full capacity for civil conduct (robots, vegetative persons, minors, and mentally ill persons to a certain extent are not allowed).

Are the two credit card limits of Bank of China *exclusive?

The Bank of China credit card limit under the same person’s name is shared, but repayments need to be made separately. For details, please call the Bank of China credit card customer service hotline for consultation.

The above content is for your reference, please refer to actual business regulations.

Can I enjoy the credit limit of multiple credit cards from one bank?

Can I enjoy the credit limit of multiple credit cards from one bank?

Multiple credit cards from the same bank have unlimited quotas. All credit cards held by the cardholder from the same bank and using the same limit at the same time is "limit limit enjoyment". If a user applies for multiple credit cards at a certain bank, they will have "maximum limit". The limits cannot be accumulated, and they can be enjoyed with the highest credit card amount.

The earliest credit card appeared at the end of the 19th century. In the 1880s, the British clothing industry developed so-called credit cards, and the tourism and business sectors followed suit. However, the cards at that time could only be used for short-term commercial credit, and the money still had to be paid as and when used. Long-term arrears were not allowed, and there was no credit limit.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

In 1952, Franklin National Bank in California, USA, was the first financial institution to issue a bank credit card, becoming the first bank to issue a credit card.

In 1959, Bank of America issued the Bank of America card in California. Since then, many banks have joined the ranks of card-issuing banks. By the 1960s, bank credit cards were quickly welcomed by all walks of life and developed rapidly. Credit cards became popular not only in the United States, but also in the United Kingdom, Japan, Canada and European countries. Since the 1970s, Hong Kong, Taiwan, Singapore, Malaysia and other regions have also begun to handle credit card services.

In the 1960s, credit cards sprouted and developed rapidly in developed European and American countries such as the United States, Canada, and the United Kingdom. After more than 50 years of development, credit cards have been widely accepted in more than 95% of countries around the world. In the 1980s, with the reform and opening up and the development of the market economy, credit cards began to enter China as an electronic and modern consumer financial payment tool. In the past ten years, they have developed by leaps and bounds.

After experiencing the financial crisis and the ups and downs of the domestic economy, my country's credit card market rebounded in 2016. By the end of 2016, the total number of domestic credit cards issued had exceeded 590 million. In 2016, the national credit card consumption transaction amount reached 741.81 trillion, an increase of 10.75%, and the proportion of credit card consumption in the total retail sales of consumer goods continues to increase.

That’s it for the introduction of credit card limit ***.