What is the maximum credit card limit of China Merchants Bank
Generally, the maximum credit card limit of China Merchants Bank is about 1, yuan, the maximum credit card limit is about 5, yuan, and the maximum credit card limit is about 3, yuan. In the initial review, the quota is comprehensively evaluated according to the information attached to the applicant's application and your specific situation. Please refer to the review results for the specific quota.
after using the card for a period of time, the cardholder can apply for increasing the credit line. The methods of applying for increasing the credit line include: providing sufficient financial proof when applying for the card, spending as much as possible by swiping the card, ensuring a good repayment record and applying for increasing the temporary credit line.
Credit cards are generally special plastic cards with a length of 85.6mm, a width of 53.98mm and a thickness of 1mm. The name of the card issuer, expiration date, number, cardholder's name and other contents are printed on the front, and there are chips, magnetic strips and signature strips on the back. Cardholders can use their credit cards to shop, spend money and deposit and withdraw cash from banks.
line refers to the amount that the lender can borrow from the borrower without providing property guarantee. Usually, it means that a natural person borrows from a bank, and the bank is willing to provide the maximum amount of loan according to the individual's credit status. This amount will be unilaterally determined by the bank because of income, revenue, debt ratio, job content, company, company position, property and other conditions. This kind of lending relationship is usually the case that banks lend money to natural persons. On the other hand, bank lending to organizations is usually a necessary business behavior for commercial organizations and transnational exchanges.
Relationship limit: ICBC has more than two credit card users, but it actually has a higher credit card limit. The credit card with lower credit limit is actually using a higher credit card limit. If the credit card with lower credit limit is swiped, not only the credit card with lower credit limit will be deducted, but also the credit card with higher credit limit will be deducted accordingly.
China Industrial and Commercial Bank generally informs the card limit, but due to the influence of the relationship limit, the actual cardholder can't use the card limit, so the relationship limit. For example, ICBC has two cards for cardholders, one with a quota of 3, yuan and the other with a quota of 1, yuan. After the cardholder spends 3, yuan on the card with a quota of 3, yuan, the card only has a quota of yuan, and the other card with a quota of 1, yuan is also reduced with a quota of 3, yuan, leaving a quota of 7, yuan. This is the so-called relationship limit.
Application
In most cases, citizens with full capacity for civil conduct (citizens over 18 years old in Chinese mainland) and a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.
people who apply for credit cards can be divided into units and individuals. The applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal personality within the territory of China. Each unit can get a main card and several (5-1) supplementary cards when applying for a credit card. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.
what is the credit card limit of China merchants bank?
As a well-known credit card brand in China, China Merchants Bank's credit cards have been numerous with rich and people-friendly preferential activities. Then, what is the credit card limit of China Merchants Bank? What are the techniques for raising the amount to follow? Share the relevant knowledge with you today.
Credit card limit of China Merchants Bank
Credit card limit refers to the maximum amount that a credit card can overdraw, and the credit card limit varies with different credit card grades. The credit card quota of China Merchants Bank is briefly introduced as follows:
General credit card quota: RMB 3, to RMB 1,;
gold card amount: generally, it is 1, to 5, yuan;
Platinum card limit: more than 5,, hundreds of thousands, millions;
unlimited card limit: up to several million.
When applying for China Merchants Bank credit card for the first time, it should be noted that
The initial credit limit of the credit card is determined by the information submitted by the applicant and personal credit information, and the bank will make a comprehensive score with reference to various factors during the review. When applying for China Merchants Bank credit card for the first time, it is suggested that the applicant prepare some financial proof, which will help to issue a higher limit.
the proof of financial resources can be the payroll records issued by the bank, or the income tax withholding certificate (tax payment certificate), or the documents proving the market value of the house, car, deposit and investment.
It should be noted that the real estate license must contain the name of the person, spouse or minor child, with proof of relationship; Applicants who provide real estate licenses also need to submit copies of any water, electricity and coal invoice documents in the past 3 months; The driving license must be in my name.
Credit card withdrawal skills of China Merchants Bank
1. Spend as many times as possible, with an average of more than 1 transactions per month, and it is easier to withdraw more than 2 transactions;
2. The amount of credit card is as large as possible, and the total consumption within half a year is at least 3% of the quota;
3. The less online shopping, Alipay transaction and cash withdrawal, the easier it is to approve the application for increasing the quota;
4. The less bulk consumption such as wholesale and house purchase and car purchase, the easier it is to raise the amount;
summary: the credit card limit is mainly determined by the credit standing of the applicant, but the bank will refer to different factors during the review process. What is the credit card limit of China Merchants Bank, which is also related to the card application conditions possessed by the applicant. If you want a high credit, the above skills can help you get a high credit. Quick card application entrance
What is the maximum credit card limit of China Merchants Bank
Generally, the credit card limit is 3, to 1, yuan, and the gold card limit is 1, to 5, yuan (depending on different bank regulations). The fixed amount of credit card applied by customers is comprehensively evaluated according to the information submitted by them, and the final audit result shall prevail.
banks can control the maximum amount of credit card spending at 11% of the preset credit limit, which is equivalent to exceeding the limit by 1%. Therefore, when the credit card limit is used up, it can still be overdrawn.
However, it should be noted that:
1. The extra 1% consumption quota is not free, and the bank will charge a certain percentage of "overrun fee" for this part of the amount;
2. The amount charged for credit card overrun is usually 5% of the credit limit. The lowest overrun fee for RMB account is 1 yuan, and the highest overrun fee is 2 yuan. That is to say, if the credit card has a fixed limit of 2, yuan, the cardholder can still overdraw 5 yuan for consumption after using this limit, but he must pay the overrun fee from 5 yuan to 25 yuan.
3. After applying for the temporary limit, you must first pay off the part that exceeds the original fixed limit. Because the temporary limit is not included in the minimum repayment amount, you can't just pay back 1% of the total amount, otherwise it will generate high interest, and cardholders need to pay special attention.
Extended information
The most important condition for applying for a credit card is to have a stable job and income. The necessary application documents are a copy of identity certificate and work certificate. If you can provide other financial documents, it will be more helpful to understand your personal situation and judge the credit limit. The detailed application materials are as follows:
1. Identity certificate: generally, it is an ID card (if you use a new ID card, you need a copy of the front and back), and soldiers need to provide a copy of their military ID card;
2. Work certificate: it can be the original work certificate issued by the employer (please specify the specific company name, department, position and income, and affix the official seal or personnel seal of the company), or a copy of the work permit \ card verified by the promoter and marked;
3. proof of financial resources: it can be the payroll record issued by the bank, or the income tax withholding certificate, or the documents proving the market value of the house, car, deposit and investment (such as the copy of the real estate license/car driving license/bank time deposit certificate) and other materials that can prove your financial level. Other documents for reference include: personal account list of social insurance in recent 6 months, water and gas bills, credit card bills of other banks, etc.
Let's stop here for the introduction of the maximum amount of China Merchants Credit Card.