Current location - Trademark Inquiry Complete Network - Overdue credit card - What does it mean if the number of credit card repayments in a month exceeds the limit?
What does it mean if the number of credit card repayments in a month exceeds the limit?

As more and more people apply for credit cards, many people have applied for several credit cards. When repaying their credit cards, many people are prompted that the number of repayments in the month has exceeded the limit. Then the credit card What does the number of credit card repayments in the month exceed the limit?

What does the number of credit card repayments in the month exceed the limit?

The number of credit card repayments in the month exceeds the limit means that the credit card repayments have exceeded the prescribed repayment limit. Different banks have different restrictions on the number of credit card repayments in a month, but generally banks stipulate that the same credit card cannot be repaid more than three times in a month, in order to control risks. If the number of credit card repayments in a month exceeds the limit, the cardholder needs to call the credit card customer service number to apply for lifting the repayment limit, and then repay the credit card through other methods.

At present, a few banks such as Industrial and Commercial Bank of China, Agricultural Bank of China, and Bank of Communications have no limit on the number of repayments, while China Guangfa Bank and China Construction Bank stipulate that the number of repayments on the same day cannot exceed three times, but within a month Multiple repayments are possible, and the specific number of repayments is subject to the bank's regulations.