The amount of any credit card depends on the effective income provided by the individual during the application process and the value of the asset guarantee. The credit limit of a credit card is positively related to the applicant's income and secured assets, that is, the higher the income and secured assets, the higher the credit limit.
Therefore, the credit line of China Merchants Bank Tencent Video Credit Card is determined by the applicant's comprehensive qualifications, and there is no uniform standard.
Therefore, the applicant must provide proof of income and statement of asset guarantee. Asset guarantee includes fixed assets such as real estate and automobiles, as well as current assets such as savings and bonds.
Use attention skills
1. Pay in full to avoid cyclic interest.
Although banks emphasize the interest-free period when promoting credit cards, most people don't know much about the provisions of interest-free period, so they spend a lot of money by mistake. If the consumer fails to repay in full, he must pay interest, and does not enjoy the interest-free period (daily interest = the remaining unpaid amount of the day * interest rate), so he must repay in full when repaying, so as not to cause greater losses.
2. Temporarily increase the credit limit to avoid credit card overdraft.
In fact, every credit card has a hidden limit. When you swipe your credit card, it is easy to use the over-limit amount, and once you use the over-limit amount, it means paying a high over-limit fee. Applying to the bank in advance to increase the temporary limit can not only avoid the explosion of credit cards, but also increase the credit limit.
3. The minimum repayment amount must be paid in full to avoid late payment.
When the capital turnover is not working, you can choose the minimum repayment limit to repay, so that your personal credit record will not be affected and there will not be too many late fees. However, it is important to note that the minimum repayment amount must be paid in full, otherwise you will encounter a high late payment fee.
Baidu encyclopedia-credit card limit
? China Merchants Bank official website-Tencent Video Credit Card