Current location - Trademark Inquiry Complete Network - Overdue credit card - Is the credit card limit of major banks universal?
Is the credit card limit of major banks universal?
No, even if the applicant's application materials are exactly the same, the approval quota of major banks is different. In addition, the credit card quota of the same bank shares a quota, which means that the accumulated quota of all the credit cards it handles cannot exceed the quota of the highest credit card.

Credit card limit, also known as credit card available limit, refers to the maximum amount of credit card you can use, including credit limit (that is, the maximum overdraft limit of credit card) and the amount deposited in credit card.

The amount of any credit card depends on the effective income provided by the individual during the application process and the value of the asset guarantee. The credit limit of a credit card is positively related to the applicant's income and secured assets, that is, the higher the income and secured assets, the higher the credit limit. Therefore, the applicant must provide proof of income and statement of asset guarantee. Asset guarantee includes fixed assets such as real estate and automobiles, as well as current assets such as savings and bonds.