What does credit card principle 2583 mean?
The so-called "2583 principle" is actually a daily use rule summed up by credit card holders, and it is an inertia rule summed up in order to prevent the danger and risk control of using cards and strive to increase the quota as soon as possible.
"2" refers to the amount that a single consumption does not exceed 20% of the credit card limit. If credit card holders spend a lot continuously, it will attract the attention of banks. Although banks like customers with strong spending power, if the spending amount is so large, it is easy to be controlled by banks.
"5" means that the daily consumption amount does not exceed 50% of the credit card limit. If the credit card is swiped continuously to reach 50% of the credit card limit, the bank may suspect that the user is cashing out with the credit card and control the risk of the credit card.
"8" means that the monthly consumption amount does not exceed 80% of the fixed credit card limit. When users spend a lot of credit lines, banks will think that they need financial support in a short time, but they will also think that they don't have enough repayment ability, especially in a short time, and their repayment ability and assets can't meet the expectations of banks. In this case, banks can also reduce the amount of cardholders and control their own risks.
"3" means that the monthly consumption amount shall not be less than 30% of the fixed amount of the credit card. If users swipe their cards too little or don't swipe their cards for a long time, the bank will think that you don't need so many credit card limits. This will not only affect the success rate of applying for a raise, but will also decrease within a few months.