8 ways to quickly increase your credit limit:

1. Maintain your credit. The most important point does not need to be explained.

(1) Repay the loan in full and on time;

(2) Repay the loan diligently 3 months before opening the card, and pay it back as soon as you have money.

2. Win the most times.

The number of times shows the activity level. Frequently used cards, regardless of size, more than 20 times a month.

3. The amount wins.

The amount you use on your card is too low and you still want to increase your credit limit. You can’t even use the credit limit given to you, so you still expect the bank to increase your credit limit? The monthly bill consumption is at least 30% of the total amount.

4. Continue consumption.

The billing for card consumption must be for 3 consecutive months without interruption, that is, consumption must be made every month.

5. Type wins.

Consumption type shows consumption ability.

Extended information:

Disadvantages of credit cards:

The invention of credit cards is like a double-edged sword, which can solve the temporary economic crisis, but banks issue credit cards The purpose is to make money. Once the interest-free repayment time is exceeded, high interest will be charged, usually 0.05% per day.

1. Blind consumption

Swiping a card is not like spending money one by one like paying with cash. Once you swipe it, you don’t feel anything, just a few numbers, which leads to blind consumption and spending money like this. Running water.

2. Excessive consumption

Installation for laptops, digital cameras, and smartphones. While enjoying your favorite items in advance, you must also consider whether you are able to repay them.

3. High interest rates

If you do not know how to take care of your credit card and cannot repay the loan as scheduled when the final payment date arrives, the bank will charge you high interest rates. (The minimum repayment for the first month of a credit card shall not be less than 10% of the overdraft amount of the month)

4. Annual fees are required

Credit cards basically have annual fees, but Basically, there is a policy of waiving annual fees. For example, China Construction Bank only needs to swipe the card three times a year to waive it; but if you do not swipe the card the number of times specified by the bank in a year, an annual fee will be charged.

Baidu Encyclopedia-Credit Card