The credit card transaction amount exceeds the limit, which means that when the cardholder uses the credit card to conduct transactions, the transaction amount exceeds the amount that the credit card can consume, which is generally caused by the following reasons:

1. There is a daily consumption limit for credit card transactions. If the amount of credit card swiped on that day exceeds the maximum amount of credit card swiping, the transaction cannot be continued.

2. There is a risky transaction in the credit card. If it is detected by the system, the transaction amount will be limited;

3. If the previous credit card is overdue or the credit card is cashed out, the transaction amount of the credit card will also be limited.

The consciousness of spending in advance is likely to lead to the credit card limit exceeding the limit. Literally, the amount of the credit card exceeds the amount in the card. In other words, you have to pay the bill, that is, your card can't draw that much money. The reason for this is that the customer has set a single limit himself.

Either online transactions, or because of the bank's risk control limit, because the customer's bad card records are monitored by the bank, and the bank limits the single amount in a specific merchant. But it also has a solution, just reset it yourself. You can also improve personal online banking information or call bank customer service to apply for large-scale consumption. Or diversify consumption within a period of time, and automatically lift the restrictions after the bank monitors that the conditions are met.

Second,

The fundamental reason for consumption in advance is the insufficient demand under the capitalist mode of production, that is, "relative poverty". Marx said that this is one of the basic contradictions of capitalism. But today, Marx has long been forgotten, and probably no one can connect the "advanced consumption" in the United States today with Marx's "relative poverty" theory. Many people think that how can there be "poverty" in a high welfare country? Some people even accuse the so-called theory of relative poverty as a tool of class struggle. However, there is still "relative poverty" under high welfare, which is manifested as "insufficient effective demand" There is no factor of value judgment here, just consider the problem from the perspective of pure economy. In essence, "consumption in advance" is one of the means used by capital to alleviate the shortage of effective demand.

There are different ideas to solve the "insufficient effective demand". Keynes's method is to stimulate demand and employment through state investment. However, neo-liberalism opposes state intervention, so it "innovates" a new form of lending-"consumer credit". This not only avoids state intervention, but also produces effective demand, which is completely in line with the institutional concept of neoliberal economics.