How to calculate the credit limit for a second credit card (debit card) from the same bank?

If you apply for a second credit card (debit card) with the same bank, if the limit of the second card is higher than the limit of the first card, then the total credit limit of the two cards will be the limit of the second card. If the credit limit of the second card is lower than that of the first card, the total credit limit of the two cards will be the limit of the first card. The credit card (debit card) limit applied for by the same bank is exclusive. If the user wants to increase the total credit limit, it is best to apply for a credit card (debit card) from another bank.

In addition, the credit card (debit card) limit is not permanent. The bank will adjust the limit based on the user's card usage. Even if the initial limit is low, it may increase later.

Will the second credit card applied for by China Merchants Bank have the same credit limit as the first one?

China Merchants Bank will give you a card for 5,000, and then approve 100 cards for you, with a limit of 5,000, and it will be gone after you use it. The limit of your second card is 5,000, which is equal to the limit of the first credit card and is not independent.

1. Applying for multiple credit cards at the same bank is actually one account, which means that these credit cards all share the same limit. Usually the same person and the same bank apply for two credit cards with a fixed limit, and the limit will not be increased.

2. The so-called "exclusive limit" means that all credit cards held by the same cardholder use the same limit. For example, if you hold 5 credit cards from a certain bank with a credit limit of RMB 10,000, then these five credit cards will use the same credit limit of RMB 10,000. When you use a certain card to make an overdraft consumption of RMB 2,000, you will use other Four cards can also be used for overdraft consumption of 8,000 yuan.

Extended information

Generally, repayment is done through the counter/self-service equipment of the credit card issuing bank, which increases the available limit of the credit card in real time. After the repayment is made, it can be swiped out directly. However, third-party platforms, such as For Alipay/Lakara, etc., the arrival time varies depending on the bank. For example, with CCB credit card, it usually takes 1-2 days. The available limit will only increase after the payment is received; the arrival time for inter-bank repayments may take longer, yes It takes 3-5 days (the account transfer time varies depending on the bank).

1. Repay online through the banking system (online banking, mobile banking, self-service deposit equipment, counters, etc.). After depositing, the available limit will be restored in real time, and you can swipe your card for consumption immediately, but the deposit has not actually arrived. , it usually takes 1-2 days to arrive in your account. If you need to withdraw cash, you must wait until the money arrives in your account.

2. If you repay through an inter-bank or third-party platform, the credit limit may not be restored immediately after the repayment. It may take about 2 days for the repayment to arrive, and then you can use your card to spend or withdraw cash. .

Baidu Encyclopedia: Credit Card

Will there be a new limit if I apply for a second credit card from the same bank?

No, no matter how many credit cards a person has in the same bank, the limit of all credit cards is exclusive. That is to say, no matter which credit card is used for consumption, the total available limit will be reduced. There is no limit allocation among several credit cards, only the total limit.

You can apply for two credit cards from the same bank.

Because each credit card has its own unique functions and focuses, such as car credit cards specifically for refueling, visa/master credit cards for going abroad, and regular consumption credit cards with points for daily use. Therefore, individuals can apply for multiple credit cards at the same bank for different purposes.

The steps to apply for a credit card are as follows:

1. Log in to the official website of the bank where you want to apply for a relevant bank credit card, and learn about the bank’s credit card types and functions.

2. Select the credit card you need and apply online. Take China Merchants Bank as an example. When you apply for the first time, bank staff will come to apply for you within 1 to 2 working days. You need to provide your personal information to the bank. After the bank collects the personal information and passes the review, , the card will be printed and sent out in about 15 working days.

3. When you already have a credit card from a bank, it will take much faster time to apply for a credit card. Taking China Merchants Bank as an example, it usually takes 3 to 5 working days to apply for and issue a credit card. The repayment method is the same as the previous credit card.

A credit card is a bank card with an overdraft function. When applying, you must consider your personal financial situation, set a reasonable credit limit, and repay the loan within the repayment period in a timely manner to avoid affecting your personal credit and your future prospects. Buying a car or a house will be affected.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at special commercial service departments, and then the bank will settle the bill with the merchants and cardholders. Cardholders can overdraft within the specified limit

Apply for a second credit card limit Let’s stop talking about the introduction here.