The credit card overrun fee is referred to as overrun fee for short, which means that when the accumulated credit line used by the cardholder exceeds the credit line actually approved by the card on the billing date in a billing period, the cardholder must pay the overrun fee in a certain proportion.

according to the relevant regulations of the central bank, banks can control the maximum amount of credit card spending at 11% of the original amount. For example, if you have a credit card with a credit limit of 1, yuan, you may spend up to 11, yuan directly on your credit card, and for 1, yuan exceeding the credit limit, banks can charge a certain percentage of the overrun fee.

Extended information:

But it's very special that China Merchants Bank's credit card can't exceed the credit limit. Therefore, there is no over-limit fee for China Merchants Credit Card. When the cardholder's consumption limit is greater than the credit card issuance limit, and it is necessary to temporarily increase the limit, you can call customer service to apply. The temporarily increased limit is valid for two months, and there is still no over-limit fee, but the consumption limit beyond the issuance limit needs to be repaid in the current month.

overdraft withdrawal and transfer will inevitably bear interest, and interest will be calculated at the daily rate of five ten thousandths from the bank bookkeeping date. If the overdraft amount exceeds the maximum credit limit approved by the card issuer, a 5% overrun fee will be charged for the excess amount, and all overdraft amounts will not enjoy interest-free treatment. The lowest overrun fee is 1 yuan, and the highest is 5 yuan.

Baidu Encyclopedia-Over-limit fee