How many Bank of China credit cards can one person apply for?

One person can apply for multiple credit cards under one name, up to 20 (excluding supplementary cards, business cards and cards in abnormal status) ), but cannot apply for the same type of credit card repeatedly.

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

How many credit cards can one bank apply for?

A bank can handle multiple credit cards at the same time, and there is no specific limit on the number. But it should be noted that the limits of multiple credit cards from the same bank are exclusive.

For example, if you have 5 credit cards in the same bank with a credit limit of 50,000 yuan, then these 5 cards will only use the 50,000 yuan limit. If 20,000 yuan has been spent on one credit card, then the remaining four cards will only have a limit of 30,000 yuan. In addition, the annual fees for multiple credit cards from the same bank must be calculated separately, so it is generally not recommended to apply for multiple credit cards from the same bank.

1. Bank credit card limit rules:

When you hold multiple credit cards from the same bank at the same time, multiple credit cards have the same limit. Generally, credit cards with lower limits enjoy higher limits. The available credit limit on a credit card.

For example, Ms. Wang holds three credit cards from a certain bank with a credit limit of RMB 30,000. Then these three credit cards will use the same credit limit of RMB 30,000. When she uses a certain card After spending 4,000 yuan in overdraft with one card, you can only spend another 26,000 yuan in overdraft on the other two cards.

If there is no credit card limit and a credit card of 20,000 yuan, if the user applies for 5 cards, then he will be able to overdraft 100,000 yuan, which is far beyond his repayment ability. , there will be risks for banks.

2. How many credit cards should a person apply for?

There is no standard answer to this. As for how many credit cards it is appropriate to have, it depends on the individual. Generally, it is more appropriate to apply for 1-4 credit cards for the following reasons:

1. Ratings that are conducive to financial institutions

In today's society, finance is closely related to our lives. For example, buying a house, buying a car, and getting a loan all involve a comprehensive score, and the number of credit cards is also one of the comprehensive scores. The important part is that generally, those with 1-4 credit cards will have the highest score. If you have more or fewer credit cards, your score will be reduced.

2. Convenient turnover

Everyone has urgent needs. If you don’t have a credit card, it will be more troublesome to use money temporarily, but having 1-4 credit cards will facilitate turnover. But having too many credit cards is not good. On the one hand, it is easy to use too many credit cards, and once you can’t control yourself, you will be in trouble; on the other hand, if you have too many credit cards, it is easy to make the repayment confusing, and the repayment dates of most credit cards may be different. It’s different. It’s easy to get confused if you have too many credit cards, or you forget to pay back, causing overdue payments, which is not good.

3. Enjoy maximum discounts

Credit cards generally cooperate with merchants to launch many discounts, such as discounts on meals, movie tickets, and air tickets. Of course, not every credit card will cooperate with all merchants, but 2-4 can basically cover the discounts for regular purchases.

4. The total credit limit is appropriate

Everyone’s credit card limit may be different. This is related to personal conditions, but in general, 1-4 credit cards should be enough. Meet a person's normal financial needs. If your financial needs are not large, the credit limit may remain at the level when you apply. If you have large financial needs and frequently swipe your card, the bank will also increase your credit limit, and the total credit limit will basically increase according to your needs. As the loan grows, of course the premise is that you must repay the loan on time.

Based on the above points, it is most appropriate for one person to apply for 1-4 credit cards. Of course, each person’s situation is different.

How many credit cards can a person apply for?

A person can apply for multiple credit cards, and there is no clear limit on the number.

However, it is best to hold less than 3 personal cards. Too many credit cards can easily lead to overdue credit cards. Overdue credit cards will have a great impact on your future credit card applications.

It makes no sense to apply for multiple credit cards at the same bank. Because credit cards from the same bank have the same limit, but the annual fees are paid separately and the points are accumulated separately. So if you want to have multiple credit cards, you can go to different banks to apply for credit cards. It should be noted that you must not make late repayments, as this will cause a bad record on your personal credit record.

Note: The China Payment and Clearing Association issued the "Bank Card Business Risk Control and Security Management Guidelines", requiring banks to strictly control situations where one person has multiple cards and excessive credit. Cardholders apply for credit cards that are much higher than their personal income levels. Credit card overdrafts will be blocked. Therefore, if there are too many credit cards and the total credit limit is too high, it will be difficult to apply for a credit card, and even applying for a loan will be affected to a certain extent.

How many credit cards can be applied for?

There are no clear regulations on how many credit cards can be applied for by one ID card at the same bank, but it is generally best to apply for one, even if you apply for several more. The credit card limits of the same bank are all exclusive, but if you want to accumulate multiple credit cards, you can apply for them at different banks. However, if you apply for too many credit cards, the bank will reduce the card limit in order to prevent risks.

The limit limit of the same bank can be simply understood as if the same bank has multiple credit cards, the limit will be calculated based on the highest one. For example, if you have two credit cards at China Construction Bank, one with a limit of 10,000 yuan and one with a limit of 8,000 yuan, then the total limit of these two bank cards is 10,000 yuan. After spending 5,000 yuan with a limit of 10,000 yuan, another card with a limit of 8,000 yuan can spend up to 5,000 yuan. This is something everyone should pay attention to when using it.

In fact, there is no need to apply for multiple cards from the same bank in life. This will increase the management burden of cardholders. Usually, it is necessary to clearly distinguish the billing dates and repayment dates of different cards. If they are confused, It may cause overdue payment, so it is recommended that you apply for a credit card from the same bank.

The number of credit cards is generally determined based on personal income. If you only have an income of 5,000 yuan per month, even if you are given a credit card with a limit of 50,000 yuan, I believe you will not be able to use that much. After all, there will be no follow-up. Sufficient repayment ability. In fact, the total credit card limit is 2 to 3 times greater than your income. This can ensure that individuals can repay on time.

If there are too many credit cards, the cardholder will be very disadvantaged when applying for a loan. The bank will doubt the cardholder's ability to repay the loan. In this case, when applying for a loan, you need to submit strong bank statements. , prove that you can repay the loan on time, only in this way can the bank safely grant you a loan.

In normal times, it is recommended that you do not apply for more than 3 credit cards. If the limit is relatively low, you can increase the limit through subsequent card purchases, and you must use credit cards in moderation and not spend blindly.

You have to spend money in moderation, after all, you still have to pay it back

That’s it for the introduction of how many credit cards you can apply for.