It can be counted that when a credit card is used for spending six times in a day, each spending is counted as an effective spending. In order to attract consumers, many credit cards have introduced preferential conditions to exempt the annual fee for the second year by the number of swipes. For cardholders, as long as they use the credit card to spend six times in a year, no matter how much they spend each time, they can meet this condition. Every time you swipe your card, it will be counted as an effective consumption.

is there a daily credit card limit?

when using the POS machine to swipe a credit card, there is no limit to the daily credit card amount, and the user can swipe the credit line of the credit card within one day. However, when using credit card to pay online, the bank will set a daily transaction limit, which is set to ensure the security of cardholders' funds, and users can't actively modify this limit. Although there is a limit for credit card transactions, this limit is usually enough to meet the daily consumption needs of consumers.

however, if users need to increase the transaction limit, they can contact the bank and ask for modification. Once the trading limit is increased, the daily trading limit will also increase accordingly.