If you can apply to reduce the fixed limit of your CMB credit card, you only need to call the CMB credit card customer service hotline to explain the situation.

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The reduction of China Merchants Bank’s credit card limit is usually caused by the following reasons:

1. Suspicion of cashing out

Assuming that the credit limit is reduced If the cardholder regularly swipes the card at the fixed POS machine many times to make purchases, or if the credit limit is restored, all the credit is used up, and the cycle repeats, the bank will think that the cardholder is engaging in cash-out behavior.

In order to ensure the safety of bank funds, banks usually reduce the limit or even suspend such credit cards. If the cardholder is seriously suspected of cashing out and fails to repay in time, he may even face criminal penalties.

2. There are abnormal transactions on the card

The abnormal transactions referred to here are usually equivalent to "account risk". Assuming that a cardholder applies for a credit card in China and makes purchases both domestically and overseas within one day, the bank will consider the account to be at risk of "swiping" and focus on monitoring the account.

If the situation happens again, the limit will be reduced or even suspended. The limit will not be restored until the cardholder personally confirms it, so as to ensure the security of the cardholder's account.

3. Multiple overdues

Each credit card has a latest payment date. Repayments after the repayment date are considered overdue repayments. Even if you apply for the "long-time service", you must make the repayment within 3 days after the repayment date.