Credit limit increases are divided into automatic limit increases and manual limit increases. The former is when the bank actively increases the credit limit for the cardholder based on a comprehensive assessment of the cardholder's credit status and card usage. Few cardholders directly refuse to increase their credit card limit out of consideration for financial security. So what are the consequences of refusing to increase their credit card limit? Let’s take a look.

What are the consequences of rejecting a credit card limit increase?

In fact, rejecting a credit card limit increase does not have much impact, so don’t worry. As long as everyone maintains good card usage behavior, has high credit card swiping frequency, diversified consumption, and makes monthly repayments on time, the bank will still automatically increase the credit limit in the future. Even if the bank does not automatically increase the limit, you can still call directly to apply for a limit increase when there is great consumption demand. After all, the bank has good card usage records. If the limit increase application is well-founded, if this is not possible, just go to the counter directly. Apply for an increase at the outlet. In addition, showing the bank a more complete and better picture of one's assets can go a long way toward making withdrawals.

Finally, I would like to remind all card friends that automatic credit card limit increases are divided into temporary limit increases and permanent limit increases. Everyone must understand clearly. If it is a temporary withdrawal, you should pay close attention to the maturity time, and the temporary amount used must be repaid in one go, and cannot be repaid in installments, nor must there be a minimum repayment.