What is the overseas withdrawal limit for Bank of China credit cards?

According to the notice of the State Administration of Foreign Exchange, starting from January 1, 2018, when individuals use domestic bank cards to withdraw cash overseas, all debit cards and credit cards (including supplementary cards and business cards) of all banks under their name will be used. and international cards, supplementary card cash withdrawals are included in the principal card limit) the total amount shall not exceed the equivalent of RMB 100,000 per calendar year. The daily overseas cash withdrawal limit per card is equivalent to RMB 10,000 per card, and you can withdraw cash again by changing the card. If you hold a dual-currency card, you can enjoy a cash withdrawal limit of RMB 10,000 in local and foreign currency accounts. If the annual quota is exceeded, cash withdrawals abroad with domestic bank cards will be suspended this year and the following year. Thank you for your understanding and support!

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

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GOAPP to handle related businesses.

How to increase the overseas quota of China Merchants Bank?

To use the overseas credit limit of China Merchants Bank Credit Card, you need to go abroad for consumption. You can just choose the card swiping machine corresponding to the card swiping route to swipe the card.

Overseas, you can choose the card swiping machine corresponding to the credit card swiping route according to the credit card organization logo on the credit card you hold (such as: VISA, MASTERCARD, JCB, American Express, UnionPay), and there is no need to activate an additional swiping card. Function.

It should be noted that:

1. If the card is swiped on a UnionPay line, the payment will be settled directly in RMB;

2. If the card is swiped on an international line, It will be settled in US dollars;

3. Overseas cash withdrawal handling fee: Overseas cash withdrawal handling fee is 3% of the amount of each cash withdrawal, with a minimum charge of 3 US dollars or 30 yuan per transaction (American Express Card-Centurion Black Gold Card, American Express Card - Centurion Platinum Card charges a minimum fee of USD 5 or RMB 30 per transaction).

For more information on how to withdraw the overseas limit of China Merchants Bank, please enter: View more content

Can I borrow cash in advance for the temporary overseas limit of China Merchants Bank credit card?

Yes .

The overseas temporary limit of a credit card is a temporary limit that banks grant to users for consumption abroad. This overseas quota needs to be applied to the bank in advance. After the application is successful, it can be activated at any time overseas and with any consumption that does not exceed the limit. After successful activation, this quota is equivalent to the domestic temporary quota and can also be used for domestic consumption within the validity period. 1. The size of the overseas temporary quota is related to the overseas location where the user has made a reservation. The amounts approved by different countries where the reservation is made are also different. The reservation amount is the highest in the United States. 2. The amount of overseas temporary limit is also closely related to the credit card limit. If you apply for an overseas temporary quota when you have a debt, the overseas temporary quota you will be given will increase after the debt is paid off or the overpayment is made.

What is the overseas cash withdrawal limit of visa credit card?

The overseas cash withdrawal limit of credit card is generally not less than the equivalent of 1,000 US dollars or the equivalent in foreign currency, and can be as high as 50 US dollars or the equivalent in foreign currency.

What is the maximum limit for China Merchants Bank’s all-currency international credit card?

The credit limit for China Merchants Bank’s all-currency international credit card visa is generally 1,000-50,000 yuan. The available overdraft limit of a bank credit card refers to the maximum limit that the bank determines can be used for overdraft consumption and cash withdrawal based on the cardholder's income and credit status. The cardholder can use it repeatedly within the validity period of the credit card.

Several ways to increase credit card limit:

Frequent limit increase: Use credit card frequently, no matter the amount, as long as the card can be swiped, you will definitely use the card to spend;

Amount increase: It is best to generate monthly bill consumption that is at least 30% of the total amount;

Continuous increase: The bill for card consumption needs to be for 3 consecutive months, and it cannot be interrupted in the middle, that is, There is consumption every month.

Domestic consumption requires POS that supports the vsia channel, and its limit will not automatically increase. This card cannot be used on UnionPay routes. There is a detailed explanation on the official website of China Merchants Bank. This card is Used for overseas consumption and overseas shopping. For domestic consumption, it is recommended that you use UnionPay credit card. All-currency credit cards can be used for consumption, but they will not use UnionPay lines, but overseas VISA lines.

You can deposit to a credit card to increase the limit, and use the credit card to make purchases. China Merchants Bank's credit limit adjustment can currently be applied for in two ways:

After holding the card for a period of time, you can apply for an increase in your credit limit through the voice line of our customer service hotline or by logging into online banking or calling the customer service hotline 4008205555. , we will apply for you based on your past card use;

Or when your financial level has improved to a certain extent, you can also provide us with relevant certificates (such as properties you have not provided before, car property, China Merchants Bank savings certificate, etc.), the relevant departments will re-examine based on your new information. There is no fixed time limit for quota adjustment, and the details are subject to the review results.

Reference material: Baidu Encyclopedia of All-Currency International Credit Cards of China Merchants Bank

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