Yes, for credit card holders, the back-end service of the credit card is one aspect they care about, but the credit limit of a credit card is what the card holder values ??most. On the one hand, a higher credit card limit is convenient for daily large-amount purchases. On the other hand, it is also regarded by many cardholders as a symbol of having a good credit record. However, many people think that the initial limit after applying for a credit card cannot be increased, or they do not know how to increase the limit. The following are the experiences of many credit card experts and the advice of bank professionals to help you switch credit cards.
1. The more times you swipe your card, the better. Liu is a computer software salesperson. He applied for a bank credit card last year, but the maximum overdraft limit of the card was only 5,000 yuan. For this reason, he gave I called the bank that issued the card twice to increase the limit, but was told that the limit could not be increased because the card was not used frequently. Therefore, whenever Liu Peng buys things in the future, he will use credit cards unless credit cards are not available. Three months later, Liu Peng applied again to the bank for a credit card limit increase and was successfully approved. Therefore, no matter how big or small the amount is, as long as the card can be swiped, use the card to make purchases, and use credit cards frequently. He concluded that when applying for a credit limit from a bank, the bank must first determine whether you have this need. It must first check your card usage to see if you are a new card user, check your consumption records, and then see if your limit is true. Not enough. Swiping the card more frequently will help to increase the limit, but it is not absolute. After swiping the card, you must pay back in time, and there must be no bad records such as arrears or late fees and penalty interest.
2. The larger the amount of credit card swiping, the greater the limit may be. Zhao is already in her senior year. As her consumption increases, her credit card swiping limit becomes larger and larger. In the end, it cannot meet her credit card swiping needs. , she applied to the bank to increase the credit limit, and the bank immediately said that it could increase her limit from 3,000 yuan to 5,000 yuan. Later, she inquired in detail about the reason why the bank successfully increased her limit. The bank said that her monthly consumption bill was at least 30% of the overdraft limit, so she could immediately increase her limit as long as she applied. For this reason, she told us from her personal experience that when a bank examines whether to increase a customer's credit limit, it does not mean that the credit limit can be waived to the extent that the annual fee is waived. Instead, it examines from a risk perspective whether the credit level of the cardholder supports the increase in the credit limit. , as long as sufficient proof can be provided, the bank will cooperate to increase the limit. The fact that proves the cardholder's ability to increase the credit limit is that the amount of card swiping is getting larger and larger. Generally speaking, the monthly bill consumption is at least 30% of the total limit. It will be more convenient for such customers to increase the credit limit.
3. Temporary increases during special periods may be approved
Wang was paid on time on the 15th of every month. During the Chinese New Year last year, in order to buy New Year goods in advance and return to her hometown for the New Year, she asked the bank The application for increasing the temporary quota was approved the next day.
If you need to increase the credit limit in the short term due to the New Year, holidays, tourism, business trips, etc., you can directly apply to the cardholder bank for a temporary increase in credit limit. Because the credit card repayment cycle is short, the bank will adjust the credit limit according to the cardholder's credit limit. Good records of use will be processed in a timely manner, and approval will be particularly easy.
4. Sincerity leads to gold and stone opening
Zhang’s experience is that when applying for a credit card limit increase, you must be sincere and gold and stone will open the door. His original credit card limit was 20,000 yuan, and he would call the bank's customer service phone every half a month or so to apply for an increase in his credit card limit. The result of persistence is that his credit card limit will increase every three or four months. After one year, his credit card limit has reached 50,000 yuan.
The threat of card cancellation sometimes works
As a moonlight earner, Meng holds 3 credit cards. Recently she wanted to cancel her third credit card. So she called the customer service center of the credit card. After understanding Meng Xiaoqian's reason for canceling the card, the customer service staff suggested that she continue to hold the card for a period of time and said that the credit limit could be increased. Meng Xiaoqian did not expect that her "threat to cancel the card" could help her increase her credit limit unexpectedly. Later, Meng tentatively called the credit card customer service center of another bank and expressed that she wanted to cancel the card. The customer service staff of the bank also said that as long as she continued to use the card, the credit limit could be increased by 5,000 yuan. Regarding Meng Xiaoqian's situation, the customer service staff of China Merchants Bank Credit Card Center said that the bank does not blindly increase the limit for cardholders. On the one hand, it does not want to lose customers, and on the other hand, it will still make the assessment based on the cardholder's daily credit consumption. to increase the amount.
Therefore, I would like to remind everyone, do not think that the "threat of card cancellation" to increase the credit limit is a tried and tested method, and it may only work once in a while.