For example, the credit limit of a credit card is 30,000 yuan, and you have maxed out this 30,000 yuan one after another this month, which is equivalent to maxing out the card. But in fact, many banks will give cardholders a spending limit that exceeds the credit card overdraft limit. This part of the limit is called "over-limit limit", which depends on the bank.
Credit cards always have the maximum available amount. If you spend more than the available overdraft limit, your credit card will be maxed out.
There are also credit cards that exceed the limit, which is generally 10% of the credit card limit. After the credit card is maxed out, it will be used and included in the repayment bill.
Extended data
1. If the overrun line is used, some banks will charge a certain overrun fee. Please consult customer service for details, and the cost will be reflected in the credit card bill.
2. After the available credit card limit is used up, some banks will provide temporary credit lines, which have a certain validity period and need to be repaid once they expire.
3. After the credit card is maxed out, it may affect the credit card limit. For example, the Agricultural Bank of China (ABC) directly said that the credit card limit of more than 85% is illegal and will be reduced.
Credit cards are convenient to use, but don't swipe them at will. If you have no repayment ability, it will affect your personal credit information and have a great impact on your future life.
Baidu encyclopedia-credit card limit