Credit cards can help people reduce their pressure when spending through their own credit lines, and people can also enjoy the pleasure of spending in advance by using credit cards. But except for black cards, there is an upper limit on the credit card limit. Then, can I overdraw when my credit card limit is used up? Is the credit card limit intact? I will answer your question today.

Can I overdraw when the credit card limit is used up?

You can also overdraw when your credit card is used up, but the overdraft limit is limited. Ordinary people can overdraw 10% after using up their credit cards.

This overdraft limit of 10% is actually the hidden limit of credit card. However, when people use the overdraft limit of 10%, they need to pay the overrun fee, which is 10% of the overdraft limit you use.

For example, my credit card limit is 1 1,000 yuan, so after I spend this 1 1,000 yuan, I can use my credit card to spend 1 1,000 yuan. And after I use the overdraft limit of 1000 yuan, I need to pay the overrun fee of 100 yuan when I repay.

Is the credit card limit intact?

Many people think that the credit card limit approved by the bank can be used up when spending, as long as it is repaid later. Although the credit card limit can indeed be used up, if you always empty your credit card, it is easy for you to be suspected of cashing out. Banks are also likely to control your risk, and there will be a risk of reducing the quota.

If you spend normally and repay on time, once it is overdue, it will have a bad influence on your credit. When using a credit card, try not to empty it. Although it is indeed beneficial to increase the credit card consumption limit, it is best to control the credit card consumption limit below 95% of your own credit limit.

The above is "Can I overdraw my credit card when I run out?" ? Is the credit card limit intact? "The answer. You can also overdraw when your credit card limit runs out. You can overdraw the credit card limit by about 10%. However, it is best not to use up the monthly quota, and it is best to keep the quota below 95% of the credit limit.