The limit of a Visa credit card is determined based on the applicant's credit status and income level. Generally speaking, the limit range is between 500 yuan and 50,000 yuan. If the applicant has good credit and a high income, the limit may be higher, up to a maximum of more than 50,000 yuan.
Different banks will also have different limit settings. Some banks may offer higher limits, while other banks may be more cautious and set lower limits. Therefore, when applying for a Visa credit card, applicants should make a reasonable application to the bank based on their actual situation to obtain a higher limit.
What qualifications are required for a visa credit card limit?
Cardholders can apply for a temporary limit increase within three months after opening the card, and can apply for a permanent limit increase within six months. The determination of the credit card limit is related to the applicant's qualifications, including the following aspects:
1. Monthly income: The applicant's limit is related to his monthly income. Applicants with higher incomes may receive higher credits.
2. Educational level: Applicants with a bachelor’s degree or above have a higher success rate in credit card applications.
3. Work situation: If the applicant is currently unemployed, it is recommended to wait for at least six months before applying. It is difficult for banks to approve applicants who do not have jobs. Applicants with stable jobs may be more likely to qualify for higher credits.
4. Honesty record: If the cardholder has a record of overdue repayment, it is recommended to pay off all outstanding debts first, then continue to use the credit card for a period of time, and establish a good repayment record before applying to increase the credit card limit.