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What does it mean to run out of China Merchants Credit Card on the same day?
Reached the highest trading limit of the day.

The Measures for the Administration of Bank Cards have corresponding provisions on this:

Article 36 The issuing bank authorizes each withdrawal of a credit card, and the daily cumulative withdrawal of each card shall not exceed 2,000 yuan.

The issuing bank shall set a transaction ceiling for cardholders to withdraw money from ATMs.

The cumulative daily withdrawal of each card shall not exceed RMB 5,000. The face value or monetary value of a credit card shall not exceed RMB 1000.

When a commercial bank issues a subscription card, it shall not pay or donate to the subscription card unit from its income.

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Relevant laws and regulations of the Measures for the Administration of Bank Cards:

Article 20 The issuance and receipt of cards by commercial banks shall be reported to the China Banking Regulatory Commission and its dispatched offices for examination and approval according to the prescribed procedures. When a national commercial bank applies for credit card business, its head office (company) shall apply to China Banking Regulatory Commission for approval.

Credit card business refers to the banking services provided by commercial banks using bank cards with credit limit and overdraft function, mainly including card issuing business and acquiring business. Sign contracts with qualified customers to issue credit cards and provide related banking services.

Article 21? If there is suspicious information in the credit card application materials, the audit opinions are missing, the auditors at all levels have not signed (signed, entered the work code) or the system audit records are missing, the credit card may not be issued.

Baidu Encyclopedia-Bank Card Management Measures