The available overdraft limit of a bank credit card refers to the maximum limit that the bank determines can be used for overdraft consumption and cash withdrawal based on the cardholder's income and credit status. The cardholder can use it repeatedly within the validity period of the credit card. Exploding the card means that your available limit has been used up. If the bank does not increase the limit, you will not be able to use this credit card before repayment.

For example, let’s say your credit card limit is 100,000, and you use up all the 100,000 you have left. But in fact, some banks allow credit cards to be swiped beyond the limit by 10%.

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After the Spring Festival credit card boom, some new charges that were rarely seen in the past appeared on cardholders' bills. , such as over-limit fees, etc.

The so-called over-limit fee refers to the additional overdraft amount granted by the bank after the cardholder reaches the total credit card overdraft amount, which is generally 10% of the original overdraft amount. The advantage of this is that the cardholder does not have to apply for a temporary increase in the limit or the card cannot be swiped; the disadvantage is that the cardholder has to pay an over-limit fee of 5% of the amount exceeding the overdraft limit.

In order to avoid being charged over-limit fees by the bank, some cardholders turn to the bank to apply for a temporary increase in the overdraft limit. The increase is usually 10%-20%. The period is usually one month. If the limit is exceeded, After a while, the credit card limit returned to its original limit. Therefore, cardholders must clearly note the period of the temporary limit to avoid overdue credit card repayments.

In addition, you should also pay attention to the over-limit issue of temporarily increasing the limit: if you use an over-limit overdraft in the second half of a month, it is likely that the excess amount will incur over-limit fees. For example, A's credit card overdraft limit is 50,000 yuan. On December 20, he applied to the bank to increase the temporary limit by 30,000 yuan, but he did not use the 30,000 yuan until January 15.

By January 20, A’s credit card overdraft amount will automatically be reduced to 50,000 yuan. In fact, A’s overdraft amount was 80,000 yuan in January. The 30,000 yuan in between will generate 5% over-limit fee. Therefore, before the credit card overdraft limit is automatically reduced to the original limit of 50,000 yuan, the cardholder should first repay the 30,000 yuan and control the unpaid amount within the overdraft limit of 50,000 yuan, so as to avoid overpayment. Limited fee.