1. There are two main requirements for credit card application:

1. Age requirement: 18-60 years old;

2. Have a stable job and source of income .

2. Materials and documents required for application:

1. Domestic residents only need to provide: a completed and signed application form, identity document, and residence certificate document , Income certification documents;

2. Foreigners and people from Hong Kong, Macao and Taiwan also need to provide: Foreigner’s residence permit (the reason for residence must be employment) or employment permit for foreigners/Hong Kong, Macao and Taiwan;

3. If you are a private owner, in addition to the above information, you must also provide: a copy of the industrial and commercial business license showing the applicant’s name, company name and date of business commencement.

3. The maximum overdraft limit of a credit card

1. The maximum overdraft limit of a credit card refers to the maximum usage limit given to the applicant by the bank when approving the credit card. Applicants can only spend within this limit by swiping their cards. If they exceed this limit, they will not be able to swipe their cards normally or a certain fee will be charged for the portion exceeding the limit.

2. In China, different banks and different levels of credit cards have different increased limits. Under normal circumstances, the upper limit of credit card credit card and gold card is generally 50,000 yuan. For those who hold Jinpu Card, if the limit has been increased to 50,000, they cannot continue to increase the limit. If you want to get a credit card with a higher limit, you need to apply for a platinum card or a credit card above platinum level from the bank, with the limit ranging from 100,000 to 1 million.

Extended information:

Credit card overdraft is a short-term overdraft granted by the credit card issuer to the cardholder within the specified limit when making purchases with the card. For credit cards, allowing "spend first, repay later" and overdraft are important features. For debit credit cards, "deposit first, then spend". However, on the premise that it is determined to be a bona fide overdraft and repayment is guaranteed, cardholders are also allowed to overdraft an appropriate amount within a short period of time when they are in urgent need of funds.

The maximum overdraft period for a credit card is 60 days. Credit card overdraft interest is calculated at a daily interest rate of 0.05% within 15 days from the date of signature or bank accounting (including the current day), and a daily interest rate of 10% for more than 15 days. If it exceeds 30 days or the overdraft amount exceeds the prescribed limit, , calculated based on the daily interest rate of 15/10,000. Overdraft interest is not calculated in stages, but is calculated based on the highest interest rate bracket for the final term or the maximum overdraft amount.

Reference: Credit Card Baidu Encyclopedia