The main difference between credit limit and available limit is that the credit limit is the maximum overdraft limit granted to the cardholder by the credit card issuer, while the available limit is the limit that can currently be used by the credit card.

The credit limit is adjusted by the bank from time to time through comprehensive evaluation. Usually the available limit is included in the credit limit, which will vary depending on the type of limit. Credit card limits can be divided into consumption limits and cash withdrawal limits. Under normal circumstances, the available consumption limit and credit limit are the same, but the maximum available cash withdrawal limit is 50 of the credit limit.

There are also some special circumstances that may cause the credit limit and available limit to be different. This credit limit refers to a fixed limit, while a credit card also has a temporary limit. The difference between the two is that the latter has a period of use, but it will be added together after being obtained, so that there will be a situation where the available limit is more than the credit limit.

In addition, many banks can also provide an over-limit limit, which is about 10% of the credit limit. If the credit limit is wiped out and the overdraft exceeds the limit, then the total over-limit limit will be ** *The available limit will always be higher than the credit limit, and the principle is somewhat similar to the temporary limit.

If you use a temporary limit or exceed the limit, the limit recovery situation after repayment is also different. It is not that the amount of the limit is restored based on the amount of repayment, but the used temporary limit is deducted after repayment. Limit/excess limit, the rest is the final restored credit limit.

In short, if you find that your credit limit is different from your available limit, you can check the above content to find out the specific reasons.

A credit card limit of 120,000 is a very high level.

The credit card limit refers to the maximum overdraft limit issued by the bank to the credit card holder. Different credit card levels have different limits, among which:

1. The limit for ordinary credit cards is 3,000- About 10,000;

2. The limit of a gold credit card is about 10,000-50,000;

3. The limit of a platinum credit card is more than 50,000, and so on.

The credit card limit is mainly determined by the credit card applicant's personal credit, repayment ability and other comprehensive qualifications. If you want to know how much credit limit you have, you can go to the bank to apply for a credit card.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies 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.