A credit card limit of 120,000 is not high, and it is not necessarily a good thing. Because some cardholders have weak self-control, they will accidentally use credit cards with high limits. If they fail to pay the limit, there will be very serious consequences.

1. How to increase the credit card limit?

1. Credit cards cannot be used as debit cards. Credit card is credit consumption. It is not a good idea to use your card to withdraw money at will. If you want to increase your quota, use them separately. Credit card cash withdrawals will charge a certain fee, which is not cost-effective.

2. Credit cards are often swiped, and credit cards have annual fees. Some cards are free of annual fees when you spend a certain amount of money. Some waive the annual fee after a certain number of pens are filled. Swiping your card frequently can not only avoid annual fees, but also increase your credit card limit.

3. Irregular high consumption and frequent use of credit cards represent stable activities. Those who have irregular large consumption and are able to repay on time will be recognized as high-quality customers by the card-issuing bank.

4. There is no malicious withdrawal of cash. Credit cards support cash withdrawals. If the withdrawal is normal, the limit can also be increased. However, if you cash out maliciously, you will be blocked and downgraded once discovered. It is more difficult to instigate loans by increasing the limit.

2. Why is the credit card limit so low?

The credit card limit you applied for is very low, largely because the materials you submitted are not enough and the value is not high enough. After the bank reviews your materials, it will consider that your repayment ability is insufficient, so the limit given to you will naturally be quite low, which is understandable. If you want to increase your credit card limit, you need to use it for more than six months and maintain good card usage habits during use. Cannot have a bad credit record. After six months of use, you can apply to the bank to increase your credit limit.

To sum up, there are many advantages of credit cards, but there are also many disadvantages. Once the credit limit is too high, cardholders with weak self-control will have some bad effects. For example, you may spend crazy amounts of money, and then your credit information will be affected if you don't pay enough. People with low credit card limits can also use their credit cards to increase their limit reasonably.