What do the credit card account balance and available limit displayed on the ATM machine mean?

1. The account balance means the amount of money that has been overdrafted or left in balance on the card.

When the credit card account balance is a positive number, it indicates the deposit balance of the card; when the balance is a negative number, it indicates the card's arrears (overdraft balance).

2. The available limit of a credit card refers to the maximum amount that can be used by the credit card you hold.

It includes the credit limit (that is, the maximum overdraft limit that a credit card can use) and the amount of money deposited on the credit card. The limit of any credit card depends on the valid income and asset security value provided by the individual during the application process. The credit limit of a credit card is positively correlated with the applicant's income and secured assets, that is, the higher the income and secured assets, the higher the credit limit obtained.

Extended information

Credit card domestic cash withdrawal limit/limit:

Credit card overdraft withdrawal generally does not exceed 50 of the credit limit (cash withdrawal, cash transfer, cash installment* **), and does not exceed the current available limit of the card. Overdraft cash withdrawals do not enjoy interest-free repayment treatment.

According to the regulations of the People's Bank of China, when withdrawing cash through the UnionPay network in China, the cumulative daily cash withdrawal amount per card through counter channels and self-service machine (such as ATM) channels shall not exceed 30,000 yuan, of which the daily cash withdrawal amount per card through counter channels shall not exceed 30,000 yuan. The overdraft cash withdrawal limit is 20,000 yuan, and the daily overdraft cash withdrawal limit for each card through self-service machine (such as ATM) channels is 10,000 yuan.

The actual amount that can be withdrawn will also be affected by the card limit and usage. If you need to withdraw excess payment beyond the limit control, please go to the bank branch counter to handle it.

Baidu Encyclopedia - Credit Card Limit

China Construction Bank - What is the credit card domestic cash withdrawal limit/limit?

What is the credit card available balance and account balance

The available credit card balance refers to the amount that the user has not overdrafted, that is, the amount that can continue to be consumed. The credit card account balance refers to the amount that the user has overdrafted, which is the money that will be repaid. There is still a big difference between the two.

The available balance of a credit card is the total credit limit minus the unpaid amount that has been paid out and the accumulated amount that has been used but not recorded. The remaining part is the available balance of the credit card. For example, a user's credit card limit is 1,000 yuan, and the amount that has been credited this month is 200 yuan, which is the amount to be repaid before the repayment date this month. If you recently spent another 300 yuan by swiping your card, the 300 yuan has not yet been credited to your account because it has not yet reached the billing date. At this time, the available balance of the credit card is: 1,000 yuan - 200 yuan - 300 yuan = 500 yuan. Of course, this is without staging.

From the above example, it is easy to understand the credit card account balance. According to its definition, it is the overdraft limit, which is the amount consumed by the user. So in the same example as above, the credit card account balance is 200 yuan 300 yuan = 500 yuan. In other words, regardless of whether the user's consumption amount is included in the current bill, it will be included in the account balance.

Therefore, when using credit cards, users should pay attention to the difference between the two. The more important point is to remember to repay the loan on time before the repayment date. If a credit card is overdue, the bank will upload the individual's overdue record to the central bank's credit reporting system. It will have a greater impact on individuals' future loans. I hope everyone can maintain good credit.

Unlike debit cards, credit cards have overdraft capabilities. Whether it is application conditions, annual fees, deposits and withdrawals, etc., they are all very different from debit cards. Sometimes it may be overdue due to our negligence. Therefore, the repayment date is an aspect that users must pay attention to.

What is the difference between a credit card’s account balance and available balance? What does this mean

The account balance refers to the current balance on your credit card, and the available balance refers to the amount of overdraft that can be made from the existing balance on your card.

Overdraft is available The amount is set by the credit card center based on each person's income and credit. It is generally less than 5,000 yuan, and the gold card is generally 10,000 yuan. Some banks have an overdraft interest-free period of about one month, while others do not.

It is very simple to distinguish the credit card account balance and the available balance. You can remember it like this: the account balance is the amount that has been overdrafted, and the available balance is the amount that has not been overdrafted and can still be used. The available balance is also the available amount.

The calculation method of available limit is: credit limit - unpaid amount that has been paid out - accumulated amount that has been used but not recorded = available limit.

For example, the credit card statement shows that the balance is 972 yuan and the available limit is 300 yuan, which means that you currently owe 972 yuan, the available limit is 300 yuan, and you can overdraft 300 yuan.

The balance of the credit card shown in the bill is a negative number, which means that the current credit card has excess deposits and no debts. You can also understand that there is an overpayment on the credit card. At this time, you don’t have to worry about the debt, because Debt deductions will be made from overpayments first. If there is no negative sign in the balance, it means that the current credit limit is overdrawn and there is an amount in arrears.

What does credit card account balance mean?

Credit card balance refers to all repayments that have been recorded to date, excluding unrecorded installments, unrecorded fees, interest, etc. \r\nThere is a "-" sign in the balance, which means there is a balance in the current balance; there is no "-" sign in the balance, which means the current balance is overdrafted. \r\nCredit card available limit: The available limit refers to the credit limit of your credit card that has not been used, that is, the limit that can be used for overdraft consumption. The calculation method is: credit limit - unpaid accounted amount - accumulated amount that has been used but not accounted = available limit. \r\nFor example, the displayed balance is 972 yuan and the available limit is 300 yuan, which means that the current debt is 972 yuan, the available limit is 300 yuan, and an overdraft of 300 yuan is available. \r\nThe difference between the two is that the balance is the amount of the current bill repayment, that is, the amount of money that needs to be repaid. The available limit is your credit limit minus the consumption limit, which is the amount that can be used. \r\nFor more information about the meaning of credit card account balance, enter: View more content

What does credit card balance mean? Introduction to the meaning of credit card balance

1. Credit card balance refers to the current All repayments that have been accounted for do not include unaccounted installments, unaccounted handling fees, interest, etc.

2. If your account balance shows a negative number, it means that there is an overpayment in your credit card account, which is the money you deposit in your credit card. When there is a balance in your credit card, the overpayment will be used first for repayment and then for consumption. In addition, no deposit interest will be charged on overpayment.

This is the end of the introduction to what the credit card account balance means.