Credit limit refers to the maximum overdraft limit given to your credit card by the bank when approving your credit card. You can only spend your credit card within this limit. If you exceed this limit, you can't spend your credit card normally. The credit limit is based on the comprehensive evaluation of the information filled in when you apply for a credit card and the relevant supporting documents provided. The main card and the supplementary card enjoy the same credit limit. Under normal circumstances, the RMB limit and the US dollar limit of dual-currency credit cards are interchangeable. For example, your limit is 30,000 RMB. If you use a card abroad, your credit limit is equivalent to about 5,000 US dollars.

The bank will adjust the credit limit regularly, but you can provide relevant financial proof on your own initiative and request to adjust the credit limit. In addition, when you need to get a higher credit line in a certain period of time when traveling abroad or moving, you can ask for a higher temporary credit line.

What is the "second line"

The second line, which can only be used in stages, is an external line that does not occupy your original line. As far as I know in Aika, China Everbright Bank and China Bank also support the phased use of the second line.

Market day

The date when the cardholder actually uses the card to conduct transactions.

Billing date

Also known as the entry date, it refers to the date when the issuing bank records the transaction amount in its credit card account or the date when the issuing bank records the relevant expenses in its credit card account according to the relevant agreement. The general billing date is the second day of the cardholder's actual consumption date. For example, if you shop on 65438+February 1, then the general accounting date is 65438+February 2.

Bookkeeping date

The billing date refers to the date when the issuing bank regularly summarizes the current transactions and expenses of the cardholder's credit card account, calculates the interest and calculates the amount payable by the cardholder in the current period.

Repayment date

The date when the cardholder actually repays the credit card account to the bank.

Interest-free repayment period

For non-cash transactions, the interest-free repayment period is from the bank bookkeeping date to the due repayment date. The shortest interest-free repayment period is 20 days and the longest is 56 days. During this period, as long as you pay off the current payable amount on the current statement, you don't have to pay any interest on non-cash transactions (you don't enjoy interest-free discount if you borrow cash in advance).

Due repayment date-the latest date stipulated by the issuing bank that the cardholder should repay the full repayment or the minimum repayment amount.

For example, the monthly billing cycle of credit cards is from * 28th, 20 1* to (*+ 1) 27th, for example, from August 28th, 20 12 to September 27th, 20 12. If you buy goods on any day during this period (September 23rd), the billing date of a credit card is also September 23rd, 20 12, and the billing date is September 27th, 20 12 (different banks). If the repayment is made on September 25th, then the repayment date is 20 12 on September 25th, and the due repayment date is June 20th1210.

For the longest repayment period (50 days), you can choose to shop on August 29th, 20 12.

Card-free payment channel

China UnionPay credit card can not open online banking payment, mainly based on UnionPay's cardless payment channel. Credit card holders do not need to use online banking when making verification payment, quick payment and ordinary payment. Cardholders can rely on personal verification information such as card number, password, pre-stored mobile phone number of issuing bank, dynamic password and so on to make online payment conveniently.