How long does it take to increase the limit of Minsheng Credit Card?

If you want to increase the temporary limit of Minsheng Credit Card, you need to use the card for more than 3 months; to increase the fixed limit, you need to use the card for more than 6 months. After the time, you can call Minsheng Bank customer service hotline 400-669-5568 to apply for a limit increase, or you can go to the counter of a Minsheng Bank outlet to apply for a limit increase.

If you want to increase the limit of Minsheng Credit Card, you need to meet the following conditions:

1. Use the new Minsheng Bank Credit Card continuously for more than half a year;

2 , there have been at least two card swiping records every month in the past six months, online payments are not counted;

3. In the past six months, the amount of card consumption exceeded 180% of the existing limit, that is, your Monthly consumption exceeds 30% of the limit;

4. There is no overdue repayment behavior, no overdue records, and good credit.

Extended information

Minsheng Bank credit card limit increase tips are as follows:

1. Frequently use credit cards to make purchases. Credit card swiping is the most effective way to increase your credit limit. You can swipe your card wherever you can, including clothing, food, housing, and transportation.

2. After swiping your card for consumption, you must repay the balance on time and in full. Paying back on time can keep your credit card record in good condition. It is not difficult to borrow money and repay it. Everyone knows this truth, and banks are no exception. Never owe money to the bank, as it will not be worth the loss.

3. Take the initiative to submit an application for a limit increase to the bank. It is most effective to actively apply for a limit increase. Don't think that the bank will automatically increase your limit for you. In order to retain customers, banks will generally accept your application for a limit increase.

The 12 most common methods of credit card limit increase techniques are as follows:

1. Increase the limit based on the number of times you use it

Use your credit card frequently, regardless of the amount, as long as you can Wherever you swipe your card, you must swipe your card for consumption.

2. Amount-based quota increase

It is best to generate at least 30% of the total monthly bill consumption.

3. Temporary quota increase

If you need to increase your quota due to short-term needs such as holidays, tourism, business trips, etc., you can apply for a temporary quota increase, which will be easier to approve.

4. Curve limit increase type

Curve line limit increase refers to the purpose of increasing the total personal limit by continuously applying for credit cards from the same bank.

5. Threatening to cancel the card and raise the limit

If you cancel the card without increasing the limit, sometimes it will work. Experts warn, use with caution.

6. Persistent quota increase

Continuous telephone quota increase applications will sometimes be handled differently for different customer service applications.

7. Dormant suspended credit limit increase

Intentionally deactivate the card for a period of time. In order to enclose the territory, the bank has certain incentives for the activation of dormant cards.

8. Increase the amount through foreign exchange transactions

If you have the spending power, you can use foreign exchange transactions to increase the number of transactions.

9. Seize the opportunity to raise your quota

The time to raise your quota is also very important. It is most effective to apply on billing day or when your card has just been maxed out.

10. Continuous consumption-based credit increase

The bill for card consumption must be for 3 consecutive months without interruption, that is, there must be consumption every month.

11. Supplementary information type increase

Supplement more detailed personal information and provide more asset certificates.

12. Raise the minimum repayment amount

Indicate the recent need for money, and allow the bank to obtain interest, and achieve the purpose of raising the amount based on good credit in the past.