Your credit card has exceeded the credit limit. Please repay as soon as possible to remove the overage status so that the card can be used normally
It is overage, 9800 300 = 10100. The accumulation in the same repayment period has exceeded 10,000, and the limit is in the same repayment period. accumulated within. Although repaying 2,000 yuan is still excessive; however, repaying 2,000 yuan will not affect your normal use.
When a cardholder’s accumulated credit limit in a billing cycle exceeds the actual approved credit limit of the card on the billing date, all payables in the account will not enjoy the interest-free repayment period. Cardholders must pay an over-limit fee based on a certain proportion of the excess amount.
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Notes
According to the relevant regulations of the central bank, each bank can control the maximum limit of credit card consumption to 110 of the original limit, for example: If you have a credit card with a credit limit of 10,000 yuan, you may be able to directly use your credit card to spend up to 11,000 yuan. For the 1,000 yuan that exceeds the credit limit, the bank can charge a certain percentage of over-limit fees.
But what is very special is that China Merchants Bank credit card cannot spend more than the credit limit. Therefore, there is no over-limit fee for China Merchants Credit Card. When the cardholder's consumption limit is greater than the limit issued by the credit card and the limit needs to be temporarily increased, he can call customer service to apply. The temporarily increased limit is valid for two months. There is still no over-limit fee, but the consumption limit beyond the issued limit needs to be repaid in the same month. .
Baidu Encyclopedia - Credit card over-limit fee
What is the over-limit of Guangfa Credit Card?
What is the over-limit of Guangfa Bank Credit Card?
The over-limit limit is an implicit limit set up by some banks to facilitate users' credit card consumption. However, the central bank stipulates that the over-limit limit must be less than 10 of the total limit.
With Guangfa Credit Card, you can overdraw by an amount of RMB 10 above the given credit limit, but this excess amount will be subject to an overage fee of RMB 5.
The over-limit function of Guangfa Credit Card will automatically take effect after the credit card is opened. Customers can choose to cancel this function after opening the card.
The excess limit policy of Guangfa Credit Card, in short, means that a handling fee of 5 will be charged for the portion exceeding the credit limit. That is to say, after the customer spends 10,000 yuan, the customer can still spend 1,000 yuan, but for the excess 1,000 yuan consumption, the bank will charge a handling fee of 5.
How much can the excess limit of Guangfa Bank credit card be exceeded?
Generally, Guangfa Bank credit card can exceed 10% of the total credit limit. However, if you exceed the limit, you need to activate related services. If you do not activate it, you cannot make excess consumption
A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.
According to different card issuers, they can be divided into bank cards and non-bank cards
Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.
Non-bank card.
This type of card can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., used for purchasing tickets, meals, accommodation, entertainment, etc.
According to the different objects of issuance, it can be divided into corporate cards and personal cards
Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal entities.
Personal card.
Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.
According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards
Ordinary cards. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.
Gold Card.
The gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.
How to exceed the limit on Guangfa Bank credit card?
For Guangfa Bank credit cards, you can call the bank to activate the over-limit credit card swiping function.
The over-limit range is about 10;
The limit can only be exceeded once in a month;
After the limit is exceeded in the month, the function will be automatically turned off;
The over-limit portion can only be used for card consumption;
An over-limit fee of 5 will be charged for the over-limit portion, which will be charged at the time of the monthly bill;
The over-limit portion is not eligible for recycling Credit.
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In fact, various banks have different regulations on credit card overage. Some banks require cardholders to actively activate the over-limit function for credit card overage, such as Minsheng Bank; Some banks stipulate that credit cards can only be used within the available limit, and cannot be used beyond the limit, such as Bank of Communications.
Some banks, such as China Merchants Bank and China Guangfa Bank, do not require cardholders to activate the credit card over-limit function, but allow cardholders to swipe the card over the limit and charge a certain credit card over-limit handling fee.
For example, Bank of Communications does not allow cardholders to swipe over the limit. Bank of Communications credit card holders can only swipe within the overdraft limit of the credit card and cannot exceed the limit.
However, if the cardholder’s credit card limit is not enough, they can apply to increase the temporary limit. Generally, the temporary limit can only be used for one period, and the original limit will be automatically restored in the next credit card billing period. At the same time, the amount will be wiped out. The temporary limit requires the cardholder to repay it in one lump sum.
Chinese Merchants Bank and Guangfa credit card holders can exceed the credit limit, but they will have to bear higher credit card overage handling fees. The credit card overage handling fee is 5% of the amount exceeding the account credit limit, and is charged on a monthly basis. For example, if a cardholder's credit card limit is 3,000 yuan and he spends 5,000 yuan with his card that month, then the cardholder needs to bear the credit card excess handling fee of 100 yuan.
Baidu Encyclopedia - Guangfa Bank Credit Card
How to exceed the credit limit of Guangfa Credit Card
The over-limit (limit) is an implicit limit set up by some banks to facilitate users to swipe their cards for consumption. The central bank stipulates that the over-limit limit must be less than 10% of the total limit. The over-limit fee for Guangfa Credit Card means that the cardholder exceeds the account credit limit approved by China Guangfa Bank and the over-limit fee is not repaid on the day the account exceeds the limit (i.e., the card issuer’s accounting date for the transaction). The over-limit fee shall be charged according to regulations. Payments made to China Guangfa Bank.
When the total amount owed on a customer's account (the total amount owed includes but is not limited to the principal, interest and fees of all credit card overdraft transactions) exceeds the credit limit, the bank will pay 5% of the excess amount to the customer based on the billing cycle. Over-limit fees are charged, and the over-limit fees have minimum and maximum charging limits.
In addition, Guangfa Credit Card can also overdraft an amount of 10% above the given credit limit, but this excess amount will have to pay an excess fee of 5%. That is to say: over-limit fee = (actual usage limit - bank credit limit) X5.
Guangfa Credit Card is the first domestic standard credit card issued by China Guangfa Bank in 1995, and it is also the first credit card to achieve profitability. The card has a preset credit limit in accordance with international standards. Spend first and repay later. No pre-deposit is required. You can use the credit limit for overdraft consumption and cash withdrawal transactions.
The interest-free period for overdraft consumption can last up to 50 days. As long as you repay in full before the repayment due date specified by the bank, you can enjoy the interest-free period from the date of transaction to the date of repayment. Interest-free treatment until the maturity date. The repayment method is flexible, you can pay it off in full, or choose the minimum repayment amount, enjoy revolving credit, and manage your finances more freely.
Minimum repayment
The annual fee for the main card: the annual fee for the regular card UnionPay card is 40 yuan, and the annual fee for the gold card UnionPay card is 80 yuan.
No annual fee policy: no annual fee in the first year, and six swipes to waive the next annual fee. The annual fee for each card of MasterCard Titanium Card is 480 yuan, and an annual fee will be charged in the first year. Points can be accumulated every year from the first year onwards. If you spend over RMB 80,000 with your card, the annual fee will be waived for half a year on a rolling basis.
Cash advance limit: 50 of the credit limit.
Interest-free period: 20 days to 50 days.
Consumption verification method: signature and password.
Revolving credit interest (daily interest): 0.05 interest per day, minimum fee is 1 yuan
Consumption SMS notification fee: free notification for purchases above 300 yuan, and SMS notification function required for purchases below 300 yuan , the fee is 3 yuan per month.
Interest-free installment
Guangfa Card provides you with high-quality products at affordable prices, and also provides customers with interest-free installments of up to 12 months, and products worth several thousand yuan. , you only need to pay a few hundred yuan a month to enjoy it, making your dreams come true early.
Instant Communication
To ensure the safety of funds, you can enjoy free text message reminders for every transaction of over 300 yuan, and be notified of account changes in a timely manner, making using the card more secure. If you need SMS reminder service for all transactions, just call 95508 to activate it, and the cost is only 3 yuan per month.
The instant messaging SMS will be sent through port 95508 (mobile/telecom users) or 10655020288 (China Unicom users). The content of the SMS is the last four digits of your card xxxx spending RMBxxxx yuan at xx hour and minute on xx day,?. Please pay attention.
The bank provides customers with card security protection. Within a certain range, customers do not have to bear the losses of credit card theft within 48 hours before reporting the loss. The amount of protection is up to the full credit limit!
Service
A 24-hour service hotline 95508 or (86) 20-87310029 is set up for Guangfa card customers to provide faster and more considerate services. Online services include: GF card business introduction, bill inquiry, customer preferential information, GF card activation, credit limit adjustment, online instant loss report, information modification, point gift redemption, etc. Customers' complaints about GF card can be properly handled by just making a phone call. Various card usage needs.
Convenient business travel service
Just call the Guangfa Card toll-free business travel service hotline 400-619-9819 to book air tickets and hotels with priority, and there is also free ticket delivery service.
This is the end of the introduction about the excess of Guangfa Credit Card and the negative excess of Guangfa Credit Card. I wonder if you found the information you need?