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What are the benefits of having a high credit card limit?

1. Credit cards with high limits are of great use

People who often have capital turnover needs tend to hold credit cards with large limits, such as people doing business. For cardholders who often need cash flow, the higher the credit card limit, the better.

2. A high credit card limit will add points to your overall personal credit

A high credit card limit in your name reflects your personal financial status and repayment ability. It will affect the handling of some businesses. Has bonus points.

However, the credit card limit should not be too high. If the total credit limit is too high, it will also affect your application for new credit cards or loans.