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How can the Bank of Communications credit card magnetic stripe card only be used for 5000?
There are several reasons.

1. This limit should be the transaction limit set when you start online banking. You can only change the trading limit at bank outlets.

2. The problem of bank card limit can be solved by Alipay or online banking with large transactions.

3. On July 3rd, Kloc-0, the central bank publicly solicited opinions on the Administrative Measures for Online Payment Services of Non-bank Payment Institutions (Draft for Comment). The exposure draft stipulates that if a payment institution uses two or more types of elements (including digital certificates and electronic signatures) for verification, the daily cumulative amount of all payment accounts of a single customer shall not exceed 5,000 yuan.