The credit card will be deactivated or the limit will be reduced under the following circumstances:

1. The credit card will be idle for a long time

Banks give you credit cards in the hope that you can spend money. , if it has been idle, some banks may reduce your credit limit because you do not need this limit, thereby preventing the risk of being swiped.

It is recommended that cardholders who really have little need for a credit card should cancel the card as soon as possible because annual fees will be incurred if the credit card is not used.

2. Overdue for a long time or with a large overdue amount

Overdue credit cards will not only be recorded in the personal credit report, but will also affect subsequent loans and card applications. If the card is overdue for a long time or the overdue amount is large, the bank will reduce the credit limit or block the card and deactivate it.

Extended information:

The bank will make a comprehensive analysis and judgment based on the cardholder's card usage to evaluate whether it can increase the credit card limit for the cardholder. The evaluation part includes frequent use. Refund on time, no bad records, diversified consumption types, less cash withdrawals, etc.

Tips for credit card limit increase:

1. Frequently use the winning method to increase the credit limit. Regardless of the amount, as long as you can swipe the card, you will definitely spend with the card.

2. For the amount-based quota increase, it is best if the monthly bill consumption is at least 30% of the total amount.

3. Temporary quota increase If you need to increase the quota due to short-term needs such as holidays, tourism, business trips, etc., you can apply for a temporary quota increase, which will be easier to approve.

4. Curve-type limit increase: The purpose of increasing the personal limit is achieved by continuously applying for credit cards from the same bank.

5. Threatening to increase the credit limit by canceling the card. If the credit limit is not increased, the card will be canceled. This sometimes works. Experts warn, use with caution.

6. Persistent quota increase and continuous telephone quota increase application. Sometimes different customer service applications will be handled differently

7. Dormant and suspended quota increase are intentionally disabled for a period of time. In order to enclose territory, banks have certain incentives for the activation of dormant cards.

8. Foreign exchange transactions If you have the ability to spend foreign currency, you can use foreign exchange transactions to increase the number of transactions.

9. Seize the opportunity to increase the amount. The time to increase the amount is also very important. It is most effective to apply on billing day or when your card has just been maxed out.

10. Continuous consumption-type credit card consumption must be billed for 3 consecutive months without interruption, that is, consumption must be made every month.

11. Supplementary information-based increase: Supplement more detailed personal information and provide more asset certificates.

12. The minimum repayment type raise indicates the recent need for money, and allows the bank to obtain interest, and achieve the purpose of raising the balance based on good credit in the past.

Baidu Encyclopedia--Credit Card