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Will the credit card limit be restored after installment repayment? Specific analysis of specific circumstances
In order to reduce the repayment pressure of cardholders, many banks have set up various credit card installment services, which must be repaid after successful handling. Many people want to know whether the line will be restored with the repayment. Let's analyze it together. Credit card installment can be roughly divided into transaction installment and cash installment, including installment within the credit card limit and installment outside the credit card limit. If you want to know whether the amount occupied by installments will recover with repayment, you must know whether the amount is recyclable or non-recyclable. Under normal circumstances, the credit card limit is used in stages, such as transaction stage and cash stage. Every time a part is paid off, a part of the line will be restored. If all the installments are paid off, or all the occupied lines are restored in advance. If the credit card limit is in installments, whether the repayment will be resumed depends on several situations: 1. If it is a revolving credit line, after transaction installment and cash installment, it needs to be repaid in an independent account, and the repayment will not restore the credit card line, but restore the original installment amount; 2. If it is a revolving line, after the transaction and cash are processed in installments, you need to return the credit card without opening an independent account, and the repayment amount will enter the credit card account, thus increasing the total amount of the credit card; 3. Non-circulating pipeline. After the transaction and cash installment, no independent account was opened. Although the credit card was repaid in the same way, the original installment amount will not be restored after repayment because the amount cannot be recovered. To sum up, whether the credit card can be restored after installment repayment can be divided into several situations. If you really don't know whether the credit card can be restored, it is recommended to call the issuing bank to consult customer service.