The overdraft consumption function of credit cards helps people a lot, but because everyone’s qualifications are different, the credit card limits will also be different. What should you do if your credit card is suddenly reduced?

What should you do if your credit card is suddenly reduced

1. If your credit card is often overdue, you can contact risk control The only way is to repay the loan in full and on time, so as to gain the trust of the bank and restore the credit card limit.

2. If there is suspected cash-out behavior that leads to a reduction, for example, the cardholder may swipe the card on a certain day or on a certain day and max out the bank card, the bank will consider this behavior to be a cash-out. suspected, so the rating was reduced. The cardholder needs to go to the bank to show that he has not cashed out, and provide the bank with recent consumption records. If the bank finds out clearly, the credit limit may be restored.

3. If your credit limit is high but you don’t use your credit card often, it will also lead to a reduction in your credit limit. The bank will think that the cardholder does not have much demand for credit cards and does not need a too high credit limit, so it will appropriately lower the credit card limit. Due to this reason, as long as you swipe the card more and make more purchases, let the bank know that the cardholder needs a certain limit, so the limit may be increased.

4. The credit card status is abnormal. Abnormal credit card status indicates that the bank suspects that the cardholder's credit card is at risk of fraud, and will usually reduce the credit limit to ensure the safety of the cardholder's credit card funds. At this time, as long as everyone takes the initiative to contact the bank to explain the situation or submit the corresponding consumption voucher, the risk control can be lifted and the limit restored.

What should I do if my credit card is suddenly reduced and the credit limit is not enough?

1. Failure to pay overdue payments or multiple overdue payments. After all, if you borrow something, you must repay it, so it’s not difficult to borrow again. If a cardholder keeps borrowing money and fails to repay it, he will lose his trust. No matter who he is, he will feel disgusted with the person who breaks his trust, and banks are no exception. Excessive overdue payments will also lead to bad debts. Souyi often fails to repay credit cards overdue, and it is easy for the bank to reduce the credit limit.

2. The credit card will not be used for a long time. If a cardholder has not used the card for a period of time after opening the card, and the amount and number of card swipes are seriously lower than the credit limit, then after automatic review by the bank system, reduction measures will be taken. Because in the eyes of banks, this behavior of cardholders is a waste of resources. In order to avoid this situation, banks will naturally not increase their credit card limits.

In short, don’t panic if your credit card is suddenly reduced. First determine the reason for the reduction, and then solve the problem in a targeted manner. The credit limit will be restored soon.