What to do if your credit card limit is not enough

The Spring Festival is coming soon, and many friends are rushing to buy new year’s goods. For those who like to use credit cards, encountering such large purchases , the amount is the most important. After all, if the credit card limit is not enough, it will be embarrassing if the credit card fails. So, what should you do if the credit limit is not enough during the credit card payment process? Below, we provide you with several methods:

1. Increase the temporary limit before making large purchases

In order to avoid the credit card being maxed out, cardholders can increase the limit before making large purchases. Credit card temporary limit. Increasing the credit card temporary limit can solve the problem of insufficient credit limit.

There are two ways to increase the temporary limit of your credit card. One is to actively apply for a limit increase, and the other is to wait for the bank's invitation to increase the limit. Generally, before the consumption peak during holidays, banks will take the initiative to increase the temporary limit for cardholders, and the success rate of the limit increase will be relatively high.

2. Repay before making large purchases

If you have already swiped your credit card before making large purchases, and the credit card limit is high, you might as well pay back before making large purchases. Pay off part of the payment so that part of the credit card limit can be restored, and it will not be easy to max out the credit card again.

Similarly, even if you have not used your credit card to occupy the limit before, you can still deposit some money into your credit card to "increase" your credit card limit. There is no handling fee for this process.

3. Change the credit card billing date

By changing the credit card billing date, the interest-free period of the credit card can be extended by one month. It is very cost-effective for cardholders with large purchases. You can change the billing date by directly calling the bank's customer service number to apply.

Apply to change the billing date on the day of the original bill, and change the new billing date to the day before the application date, so that you can get the longest interest-free period. Different banks have limits on the number of times they can change the statement date. Some change it once a year, some once a year, and some change it multiple times a year. Not every day can be used as a statement date. Please consult the card issuer for specific circumstances.

The above three tips can help cardholders avoid the situation of insufficient credit card limit. We need to remind everyone that the temporary credit limit is not a fixed limit. After consumption, a one-time full repayment is required and cannot be processed. You need to pay special attention to the installment and repayment aspects, so as not to be overdue.

What should I do if my credit card limit is not enough? Three tips to teach you how to solve it easily!

Double 11 is over, and the Double 12 war is about to begin. Friends who want to shop online, are you ready with your credit card? Can your credit card limit satisfy your consumption on Double 12? If your credit card limit is not enough, don’t worry, as long as you use three tricks to help you solve the problem of insufficient credit limit.

What should I do if my credit card limit is not enough?

1. Apply for a temporary limit:

In addition to the fixed limit, credit cards also have a temporary limit. As the name suggests, this limit has a period of use, and it will automatically restore to the original limit after expiration. Quota. If the fixed limit is not enough for consumption, you can apply for a temporary limit from the bank to increase the overall credit card consumption limit.

It should be noted that the repayment method is different between the temporary limit and the fixed limit. After maturity, the full amount will be included in the current bill finance, and must be repaid in full before the final repayment date. You cannot apply for installments or consume according to the minimum repayment amount, and if you use the temporary limit, interest will be calculated on a daily basis and compound interest will be calculated on a monthly basis.

2. Repay first and then spend:

If you have unpaid credit card debt before and want to get more credit card limit, you can pay off part of the credit card limit first. In this way, you can increase your credit limit and then directly swipe your card to make purchases. There are things you need to pay attention to here. It is best to repay after the bill date comes out, and make sure that the credit card repayment has been recorded in your account before consumption. Otherwise, you will have to make one payment this month to avoid overdue payment.

3. Apply for credit card loans:

In order to meet the cash needs of cardholders, many banks offer consumer loans based on credit cards, most of which have independent quotas, such as China Merchants Bank e-recruitment Loans, CITIC's Dream Money, etc. will not occupy the credit limit. After successful application, you can transfer it to your debit card for consumption or withdraw cash.

To sum up, there are many solutions to what to do if your credit card limit is not enough. However, it should be noted that although the above three methods can all increase the credit card limit, the better the limit, the better. Be sure not to overdraft excessively, otherwise you will be deemed as maliciously overdrafting your credit card if you have no money to repay after using your credit card. In serious cases, you will be held criminally responsible.

What should I do if my credit card limit is insufficient?

What should I do if I encounter a situation where my credit card limit is insufficient? Users who have good card-using habits and good records in the early stage can directly apply for an increase in the permanent limit, and users who need large funds in the short term can apply for a temporary limit.

The following are ways to help you increase your limit:

1. Frequency wins

Use credit cards frequently, no matter how big or small, as long as you can swipe your card, you will definitely swipe it. Consumption.

2. Win by amount

It is best to have at least 30% of the total monthly bill consumption.

3. Temporary quota increase

Due to short-term needs to increase the quota due to holidays, tourism, business trips, etc., you can apply for a temporary quota increase, which will be easier to approve.

4. Persistence

Continuously call for quota increase applications. Sometimes different customer service applications will be processed differently.

5. Threat of card cancellation

Canceling the card without increasing the limit sometimes works.

6. Dormant Suspension

If you intend to deactivate a credit card for a certain period of time, the bank will provide certain incentives for the activation of dormant cards, such as bonus increases.

7. Seize the opportunity

The time to raise the quota is also very important. It is most effective to apply on billing day or when your card has just been maxed out.

8. Continuous consumption

The bill for card consumption must be for 3 consecutive months without interruption, that is, there must be consumption every month.

That’s it for the introduction of what to do if your credit card limit is insufficient.