When it comes to repayment, it is actually a debt ratio problem. We certainly cannot intuitively judge whether the help of raising the amount of the maintenance card is effective from the repayment choice, but we can analyze it from the side debt ratio. . There is no absolute value for the debt ratio, only a relative value. For example, my total credit limit is only 50,000 yuan, but the annual income I filled in when applying for the card is 300,000 yuan, so the average monthly income starts at 20,000 yuan. If I debit the card every month and pay 50,000 yuan in bills, it is not too high. It's just a debt of 2.5 times your salary. At this time, it doesn't matter if you are fully in debt after paying the bills and repaying the debt in full. Some people say how to calculate this ratio when the credit card limit is increased later? It is normal for income to increase as time goes by. I personally draw the conclusion from many years of actual card maintenance data that as long as the monthly bill debt of the credit card under my name does not exceed the monthly income, it is quite possible to increase the credit card limit within this leverage. Easy.

But this also depends on the bank. If you pay a few thousand yuan for a merchant card, the other bank will not increase the credit limit because the total amount is too high. This means that they think your debt ratio is high and the bank will pre-grant credit, but At the same time, cardholders can also apply for a card with a limit of 50,000 from Guangfa. What do you mean?

We are struggling with the issue of credit card repayment to explore whether it affects the limit increase:

The benefits of installment repayment: Installment repayment can indeed play the so-called interaction with the bank. As a result, it counts as business transactions after all, but it does not have any impact if you do not apply for a single installment of a card with a limit of more than 200,000 in the past 9 years. I have never seen a case where bill installment can immediately increase the credit card limit, but there are many cases where the risk of zero increase is normal without dividing the bill, so it cannot be said to be beneficial to the limit increase.

Disadvantages of installment repayment: We all know that one-time repayment is definitely a bonus. There is no doubt that some banks attach great importance to this aspect. You may delay the payment until the final repayment date. You will receive text messages and phone calls urging you to repay. If you are overdue for one day, your address book will be exploded. The closer the repayment date is to the user, the greater the risk. The score in this aspect will definitely not be good. Then if you repay too much in installments, it directly proves that you are hungry for funds.

Why banks are trying so hard to let us repay in installments:

First: It increases user stickiness, because many people have multiple credit cards, but as long as you have one bank to pay in installments, each I will definitely use this bank’s credit card subjectively every month, which increases the activity of the bank APP. I don’t know how much profit this can bring to the bank. For example, for two quarters, Bank of China asked me to transfer any amount of money on the debit card APP and receive a 10 yuan phone credit coupon. So is the activity used by the bank for financial statements? Manually funny)

For this activity, the 12-issue interest-free coupons given to users by Kanmerchants also have discounts, which are much lower than the credit card rate. According to the standard handling fee, it is equivalent to a saving of 237.6 yuan. , the pie-in-the-sky thing will always be mixed with some other purposes.

Second: The interest rate for bill installments (commonly referred to as handling fees) for 12 installments is basically about 7%. The annualized rate of all banks without discounts exceeds about 10%, and it is equal principal and interest. This is The reason why I am bombarded by bank installment customers immediately after I issue my bill.

Therefore, it has always been a fallacy to say that installment of credit card bills can help increase the limit. A person who has consumed pre-credit funds and does not have the ability to repay in one go and needs to pay in installments will be a high-quality user? Banks have always told you that installments will help you increase your credit card limit, so they can earn the interest and handling fees you mentioned. This fee is higher than the profits of several or even more users who repay in full. If you pay in 3 or 6 installments, you may not have enough short-term funds and it will not affect your score. However, if you pay in more than 6 installments, you will be seriously hungry for funds. As long as your other scores are not high, it will definitely affect the credit card limit increase. I am referring to the cases where the amount is stable enough to raise the amount at the right time. I will not talk about the cases where the amount is increased irregularly and depends on luck. The bank will naturally be willing to give you the principal if it wants to use leverage to earn more interest.

Advantages of one-time repayment: Full repayment can show the bank its repayment ability. Long-term full repayment is a symbol of users with sufficient funds.

Disadvantages of one-time repayment: Insufficient utilization of funds and inability to use cash flow, which greatly affects your own funds.

Then the third popular repayment method comes out. Pay part of the payment before the bill day, pay it off immediately after the bill comes out, or start paying back the card the next day after the bill is issued. For example, if I have to pay a bill of RMB 50,000, and the bill date is the 2nd, I have to repay RMB 10,000 on the morning of the 1st. The bank deposit is slow, and the investment must be made at least two days in advance. In this way, I will only pay a bill of RMB 40,000. There is not much difference between paying off the remaining 40,000 in one lump sum and flipping it back.

How to pay off credit card bills with the minimum amount of money without affecting the credit card limit increase:

First: the minimum amount is 10% of the fixed limit of the credit card, for example, the credit card limit of 50,000 must be at least 5,000 Funds are used for turnover. If the frequency is lower than this, it can only be guaranteed that the quota will not be reduced. It is more difficult to increase the quota. Too many repayments in one period will easily lead to risk control, so 10% of the funds can be used to pay off the bill 10 times. If it is less than 10 times, more times will be needed, and then the amount increase is not guaranteed.

Second: It is best to wait at least two hours after repaying the credit card. If it is a small amount, you can pay it off immediately without any impact. Small amounts refer to within 500. If your limit is too low, then Around 100. The final repayment time is one hour after the last transaction in the evening. At this time, you will definitely not swipe the card again after repaying. It will be more than 10 hours before the card is swiped the next day. This will not cause fast in and fast out. The data triggers risk control.

Third: It will be difficult to debit a single high-limit card alone. It is best to spread the debt to several cards, because I personally recommend that one card should not be swiped more than 6 times a day. Then you The funds that can be withdrawn 6 times are very limited. If you swipe three cards at the same time, you will have swiped 18 times a day. The amount of funds transferred 18 times is quite considerable, and it will not make you feel struggling before the final repayment date. The probability of a quota increase is very small.

Fourth: Don’t pay back the credit card in the middle of the night when the savings card funds arrive. You will be able to control risks, and a safe savings card will. Also, don’t repay the money immediately after it arrives, which is equivalent to the savings card funds. It is also easy to risk control when entering and exiting. Some bank debit cards have been affected by risk control, which affects credit cards.

This is my personal opinion on credit card repayment.