The temporary quota obtained by cardholders has a "validity period", mostly 30 days. Upon expiration, the credit limit of the cardholder's credit card will be automatically restored to the original limit.
The temporary credit line does not enjoy revolving credit, and the actual credit line exceeding the original credit line will be included in the minimum repayment amount of the current statement, which needs to be paid off in one lump sum before the due repayment date. If the cardholder has not returned the used part of the temporary limit when it expires, the bank will charge an overrun fee according to a certain proportion, generally 5% of the overrun part.
The credit limit is comprehensively evaluated according to the information filled in by the individual when applying for a credit card and the relevant supporting documents provided. The main card and the auxiliary card share the same credit limit. When the cardholder needs to use a higher credit line in a certain period of time because of traveling abroad, decorating a new house, getting married, and children studying abroad. Banks can provide services to increase temporary credit lines.
Increasing the temporary credit line allows cardholders to enjoy the convenience of spending during the peak consumption period, but the temporary credit line does not enjoy revolving credit. The actual credit limit of the credit card exceeding the original credit limit will be included in the minimum repayment amount of the current statement, which needs to be paid off in one lump sum before the due repayment date.