What is the credit card limit of China Merchants Bank?
The fast credit card payment business provided by China Merchants Bank can be divided into large-value fast payment business and small-value fast payment business. The single payment amount of large quick payment system business can be greater than that of 500 yuan, but the single payment amount of small quick payment cannot be higher than that of 500 yuan. Cardholders can't change the fast payment method, and which fast payment service to adopt is agreed by merchants and third-party trading platforms.
In addition to the single transaction limit, China Merchants Bank also stipulated the daily withdrawal limit of credit cards. According to the regulations, the cumulative maximum daily cash withdrawal amount of each card of domestic UnionPay line is 1 10,000 yuan, and the cumulative maximum daily cash withdrawal amount of each card of overseas UnionPay line is 1 10,000 yuan in foreign currency.