If the cardholder's card usage is good, including good consumption record, timely repayment record and good credit record, and can provide good income proof at the same time, the credit limit may be increased after upgrading to platinum credit card.
However, if the cardholder has less long-term consumption records, it will be difficult to increase the credit limit of the credit card.
Compared with ordinary cards and gold cards, CITIC Bank Platinum Credit Card has a big gap in credit line. Generally speaking, the credit limit of platinum credit card is 50,000 yuan, the credit limit of gold card is not more than 50,000 yuan, and the credit limit of ordinary card is not more than 1 10,000 yuan.
It should be noted that after the credit card is upgraded to platinum card, the annual fee will increase accordingly. You may not enjoy the annual fee exemption, but you need to redeem the annual fee through spending points.
Why did CITIC Bank reduce the credit card limit?
1. Long-term non-use of CITIC Bank's credit card may lead the bank to think that the demand of cardholders is not high, thus reducing the credit card usage quota.
2. Late repayment or repeated use of the minimum repayment amount will make the bank suspect that the cardholder's repayment ability is insufficient, so the credit card limit may be reduced.
3. Frequent large-scale consumption or certain types of transactions may attract the attention of banks, and banks may think that the account has certain risks, thus reducing the credit card limit.