Explain what the current balance and available balance of the Bank of China credit card are.

The current balance refers to the balance of the account with credit card debts or deposits as of a certain point in time. The available credit limit refers to the maximum amount that a customer can spend with a credit card as of a certain point in time, including the credit limit of the credit card that has not been used and the portion of the customer's overpayment during repayment.

The above content is for your reference, please refer to actual business regulations.

How to calculate the available limit of a credit card? Here is the calculation formula

Many card friends know what the credit card limit is, but not so many people know the available limit of a credit card. How to calculate it? What about this available amount? Today, I will give you a detailed introduction.

What is the available credit limit?

The available credit limit of a credit card refers to the unused credit limit of the credit card held by the cardholder.

How to calculate the available credit limit?

1. Calculation method of the available limit of a single credit card:

Available limit = credit limit - unpaid amount that has been paid out - accumulated amount that has been used but not recorded.

Note: "The unpaid credited amount" refers to the part that has been consumed and entered into the bill and has not yet been repaid; "The accumulated amount that has been used but not credited" refers to the amount you have just consumed. Yes, I haven’t even gotten to the bill part yet.

For example: The fixed limit of Xiao He’s credit card is 30,000 yuan, his unpaid amount has been paid out is 15,000 yuan, and the used but unrecorded amount is 6,000 yuan, then Xiao Li’s credit card at this time The available amount is 9,000 yuan.

2. How to calculate the available limit of multiple credit cards from the same bank:

The above is the entire content of "How to calculate the available limit of credit cards". Introduction,

You can apply for credit cards from various banks quickly and safely!

Available limit of credit card

Basic definition

When applying for a credit card, the bank will give a comprehensive score based on the application information and credit status provided by the applicant. A credit limit that can be used as an overdraft for consumption. The available limit refers to the part of the cardholder's credit limit that has not been used, that is, the remaining limit after subtracting the used limit from the total limit.

The calculation method is as follows:

Credit limit - the unpaid amount that has been paid out - the accumulated amount that has been used but not recorded in the account = available limit

For example: you The credit limit is 20,000 yuan, the unpaid amount has been paid out is 10,000 yuan, and the used but unaccounted amount is 4,000 yuan, then your available limit at this time is 6,000 yuan.

Note: The available limit will decrease with each consumption and will be restored with each repayment.

Audit standards

1. Marital status: Married customers are more stable than singles and are more favored by banks.

2. Technical title and working status: Technical title is a testimony of the customer’s working ability. Practitioners in industries with higher stability will receive bonus points.

3. Financial ability: Those who provide detailed personal income certificates, stable income, and long-term prospects for income growth will receive higher ratings.

4. Personal housing: Owning a personal housing can also show that the individual has a certain financial foundation and can get extra points.

5. Credit record: If the borrower has had an account with a bank in the past and has often had funds coming in and out, the bank will also consider adding points as appropriate.

6. Education level: Graduate students and above will be rated higher.

That’s it for the introduction of how to calculate the available limit of a credit card.