For those cards that have gone through a lot of hardships and finally applied successfully, the amount is not beautiful at all. Seeing that the credit card limit is only a few thousand or even hundreds is tantamount to a second blow.
Some have endured a small amount of several thousand dollars for a year or two, but banks have been slow to increase the amount, not to mention the amount, and banks can't stand it. What should I do? Feeling insulted by the bank, many people angrily canceled their cards and many people gave them up.
The choice of whether to activate the credit card after getting it is in the hands of the cardholder. The bank does not force the cardholder to choose activation after getting the credit card, and the cardholder can also choose not to activate. However, there are still some risks in not activating the credit card, and it is better to activate it. Then, what will happen if the credit card is not activated for a long time after it is completed?
First of all, we should understand why there are low-limit credit cards.
Banks issue credit cards to make money, so there are threshold requirements for applicants.
However, banks have the task of issuing cards every year. If they are approved in full accordance with those rules, the rate of issuing cards may be very low.
In this way, the bank will screen out some people who think you can use a credit card, but the amount is too high for fear that you can't afford it. Because the bank doesn't want to lose such customers, it gives them a low credit card to keep them.
With credit cards, everyone is pursuing high-value cards. Some people's words are for better turnover. Some people are forced to do so. But some people just pretend to be. So if your credit card limit is low, do you need to take good care of it?
Cancel directly
Of course, cancellation is no problem, but it may be more difficult to apply for a new and higher quota than before. Under normal circumstances, the system will not accept new applications from the same user within six months after the card is cancelled. So once the card is cancelled, you have to wait for the first half of the year to apply for a new card.
Apply again
After half a year, it is a new question whether we can successfully apply for a new credit card. If all the information is the same as last time, the quota may still be as bleak as last time, or it may fall instead of rising. Unless the salted fish turns over, the salary is zero, and the car is bought, and the corresponding proof materials can be provided, that is another matter.
What can I do if I get such an embarrassing card but cancel it? If you finally get the next card, but the current amount is low. In this case, you should take good care of this credit card. For people with three noes and poor conditions, low-value cards are also specially used to knock on the door!
Bian Xiao suggested that for cards with low quotas, either simply sell the cards or slowly increase the quotas. Instead of selling or abandoning cards, it is better to raise cards well, and maybe the high quota is close at hand.
Because there are three risks in discarding:
1, the annual fee is overdue. Although most banks charge an annual fee only after the credit card is activated, there are also special cards that charge an annual fee once they are issued, regardless of whether they are activated or not.
No matter whether the card is opened or not, as long as the annual fee is not paid, the credit will be overdue. It's no use complaining. The terms of the bank are written in black and white, and you don't care if you go to the bank for supervision.
2. Increase the difficulty of handling cards. After the credit card is approved, whether you activate it or not, you must go to the credit bureau. When you go to the credit bureau, you have an additional credit institution.
3. Reduce the credit limit of the new card. Banks will refer to other banks' credit cards when granting credit cards. Cards that are not activated are usually low-value cards.
What if the credit card has been shut down and the limit is not high? Is there any remedy besides canceling the card?
Of course, there is a way to prove your repayment ability and consumption ability to the bank! So when we usually use credit cards, we try to swipe them. We want to increase the credit line as soon as possible and continue to use it. We have to swipe our credit card at least ten times a month within six months from the time we get the credit card, and we can save money for consumption when the credit line is used up.
The credit card limit can be used up every month, and the credit card scene must be diversified, such as supermarkets, convenience stores, airports, hotels, restaurants and other occasions. It is recommended to bind Alipay or WeChat after getting a credit card. Credit card payment is the default in any case where payment can be made by mobile phone. Don't pay the minimum loan. Remember to pay in full. Also, don't be overdue. Once it is overdue, it will be more difficult to withdraw cash. Generally, it is better to spend more than 70% of the credit card amount in a month. Why do you say this is to prove your spending power?
Repay according to the repayment date.
After using it for about 2 months, you can apply to the bank to increase the temporary quota, and try to use it up as much as possible.
Finally, make sure to use it like this, and you can raise it after 3-6 months! Generally can raise more than 30%! The method is that simple. Generally, it will be raised once every 3-6 months, so the quota will be higher and higher. Don't give up just because the quota is low.
Or apply for a higher-level credit card from this bank, usually the amount will increase.
You can also apply for a savings card from this bank. A walk around buy buy will help to increase the amount.
But what if the card amount is too low? If all the above methods have been tried, and the amount can't be raised after half a year, then don't waste time decisively. Just abandon this credit card! Then re-apply for another bank card. Never hang yourself from a tree!
There are many small partners who are like this. Because I didn't know the card, I applied casually. He applied for most banks. So it is difficult to apply for a credit card later. If you get a card, whether it is a low-value card or not, then its function is very great.
As the first card. We have the advantage of good preservation: bid farewell to the blank of credit information and supplement a good credit record. There is a good credit reference for the card in the later period, which greatly improves the card issuance rate and quantity. Secondly, we can increase the amount of low-value cards by raising cards. After using it for a period of time, you can also increase the dosage curve when you meet the opportunity. If you are sure that you are extremely disappointed with this bank and don't want to have any loan relationship with this bank, you can cancel it directly and it will not be affected in other banks.
Summary: For most people, don't be too skeptical about the amount. Only with a card can there be hope, and only with a stepping stone can you enter this door.
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