Current location - Trademark Inquiry Complete Network - Overdue credit card - Qingdao Bank’s credit card has a cash withdrawal limit of 1,500. Why is the available cash withdrawal limit only more than 500 yuan?
Qingdao Bank’s credit card has a cash withdrawal limit of 1,500. Why is the available cash withdrawal limit only more than 500 yuan?

All credit lines.

Credit card limit refers to the total credit limit, and the cash withdrawal limit stipulated by most banks is only 50% of the cash withdrawal limit, which is naturally different from the total credit card credit limit. For example, a customer's credit card has a total credit limit of 10,000 yuan, but the cash withdrawal limit is only 5,000 yuan.

When using a credit card and withdrawing part of the money, the relevant limit will also change. For example, a certain card has a total credit limit of 5,000 yuan and a cash withdrawal limit of 2,500 yuan. After spending 1,000 yuan and withdrawing another 1,000 yuan in cash, the available credit limit becomes 3,000 yuan.