2. Credit line sharing means that credit cards of the same bank and brand share the same credit line (generally the highest credit line for one card). Although several cards have their own single credit limit, the total overdraft in use cannot exceed the shared credit limit of the brand credit card.
Extended data:
Skills of using credit cards
1. Pay in full to avoid cyclic interest.
2. Avoid swiping credit cards; In fact, every credit card has a hidden limit. When you swipe your credit card, it is easy to use the over-limit amount, and once you use the over-limit amount, it means paying a high over-limit fee. Many consumers have a bad grasp in the process of shopping, and credit cards are often maxed out.
3. The minimum repayment amount must be paid in full to avoid late fees; In our daily life, we often encounter the situation that the capital turnover is ineffective. At this time, you can choose the minimum repayment limit to repay, which can ensure that your personal credit record will not be affected, and there will not be too many late fees. However, it is important to note that the minimum repayment amount must be paid in full, otherwise you will encounter a high late payment fee. ?
References:
Baidu Encyclopedia _ Share quota
Baidu Encyclopedia _ Credit Card Limit