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Difference between temporary amount and fixed amount:

Temporary line: the line temporarily provided by the bank to the cardholder, which is time-limited and can be used freely within the prescribed time limit. When due, it must be repaid in full, not in installments.

Fixed limit: the inherent limit of a credit card, which can be used freely for a long time. You can apply for installment, minimum repayment or withdrawal.

Simply put, the temporary line can only be used temporarily in an emergency. There are many restrictions, and quota is fundamental. With the card, the number of places can be gradually increased.

Advantages of quota:

1, solve the funding problem. When money is urgently needed or the fixed amount is not enough, it is the turn of the temporary amount to replace it. Compared with the fixed amount, the temporary amount is easier to apply for. Generally speaking, as long as the cardholder has no overdue or bad record, it can be successful.

2. It is beneficial to increase the quota. If you want to increase the fixed limit, let the bank know that your existing limit is not enough, provided that you have no bad record in using the card and the temporary limit is adjusted to meet this requirement. Be sure to remember to repay in full and on time.

3. Accumulate points. You can still earn points by using a temporary credit card. Although the gifts that can be exchanged for points in various banks are of little use now, for some business people, it is the most cost-effective to exchange points for air miles.

Disadvantages of temporary restrictions:

1. Use time is limited. The temporary limit is generally only for your temporary use, and will return to the initial limit at the specified time. The term of each bank is different, usually 1-3 months.

2. Full repayment cannot be interest-free. If you apply for a temporary deposit, you must repay it in full, not in installments, at least not. If you can't repay in full, there will be overdue records. You can't enjoy the interest-free period after using the temporary deposit, and there will be interest if you swipe your card. The interest is calculated on a daily basis, five ten thousandths.

3. During the use of the temporary amount, the fixed amount cannot be withdrawn. If you are eligible for a fixed amount, you cannot increase the fixed amount during this period. Many card friends try to apply for a fixed quota first, and then consider applying for a temporary quota in case of failure and large credit card demand.