Insufficient credit card overdraft limit means that the amount consumed by the credit card holder exceeds the maximum credit limit of the credit card. Insufficient credit card overdraft limit may be caused by insufficient credit card limit, or it may be that the credit card payment exceeds the single payment limit.

There are three reasons for insufficient credit card overdraft limit:

1. The cardholder has set a single payment limit;

2. Credit card online transaction limits;

3. The bank limits the limit for a single credit card transaction.

When we use credit cards, in fact, under normal circumstances, we should avoid this phenomenon. Regarding the card limit issue, the bank service staff will inform us when we handle it. What is the current overdraft limit of our cards? For example, with Agricultural Bank of China’s credit cards, the maximum overdraft limit for regular cards is 50,000 yuan, and the maximum overdraft limit for gold cards is 200,000 yuan. For higher-level cards, the overdraft limit is 200,000 yuan. There is a Platinum card with a maximum overdraft limit of one million yuan.

In addition to the overdraft limit, we cannot directly use it to withdraw cash. The limit setting is based on the card limit of 30, but we need to pay attention here. Generally, we withdraw cash every day. The quota can be withdrawn up to 5 times. When this number is exceeded, we cannot withdraw cash. We need to plan and use our own quota.

In fact, the credit card center will adjust the limit from time to time based on our consumption. In addition to adjusting by phone, we can also adjust the limit through online banking.