How to increase your credit card limit?

Method 1 to increase your credit card limit: Spend as much as possible with your credit card

Use your credit card to spend as many times and as much as possible. Generally speaking, the total amount of consumption within six months should be at least 30 of your limit. %above. The bank's credit card center will adjust the limit based on your credit card utilization and repayment history.

In addition, compared with online consumption, it is easier to get a credit limit when swiping a card in a physical store, such as home appliance consumption, catering consumption, supermarket shopping, etc. In short, try to swipe the card when you can.

Method 2 to increase the credit card limit: actively apply for a limit increase after half a year

Under normal circumstances, after using a credit card for half a year, the cardholder can actively apply to increase the temporary limit of the credit card or Credit limit. There are many ways to apply for a limit increase. You can apply for a limit increase online, by phone, text message or WeChat. The details depend on the way the bank provides services.

As competition in the domestic credit card market becomes increasingly fierce, it has become a strategy for banks to take the initiative to increase credit limit for regular credit card holders. Usually, banks will take the initiative to increase credit card limits for cardholders before peak consumption periods such as New Year's Day, Spring Festival, May Day, and National Day. In addition, if your card's monthly consumption limit often reaches 60%-100% of the usage limit, the bank will generally take the initiative to increase the limit for you based on usage.

Method 3 to increase credit card limit: Repay in full and on time to avoid late payment fees

After using a credit card for consumption, make sure to repay the monthly payment in full and on time. Once the payment is overdue, not only will you have to pay high late fees, but you will also have a bad credit record, which will affect your future credit card applications. If you cannot repay in time, you must call the bank's customer service hotline in advance to explain the reasons and apply for a grace period of a few days. Most banks can grant a grace period of 3 days, among which China Guangfa Bank and China Construction Bank can grant a grace period of 5 days.

How to increase credit card limit?

The methods to increase the credit card limit are as follows:

1. Swipe more cards. If you can use swipe cards, try to use credit cards. Wherever you can swipe cards, no matter how big or small the credit card amount is, choose to swipe cards. Firstly, The credit card amount is relatively large, and the number of card swipes can make the bank feel that you are dependent on the credit card.

2. Appropriate installments. After the credit card bill comes out, you can make appropriate installments. The number of installments should not be too long, so that the bank can make money. It is also easy to increase the amount by making a few large transactions.

3. The credit card amount must be guaranteed every month. It is best to keep the credit card amount at about 40% of the total monthly amount. The more you brush, the better. You must be realistic. For example, you earn 4,000 yuan a month, but you spend more than 10,000 yuan a month. This is of course inappropriate. This will make the bank think you are in danger and worry about whether your repayments will be late.

4. Apply to the bank for a temporary credit increase, especially during holidays, it is especially easy to apply for travel reasons.

5. Repay the loan on time without any overdue payment. If you use the card normally, the balance will be raised after 3 to 6 months.

6. Bank installment business should be handled reasonably so that the bank can make some money.

7. The types of card swiping merchants should be diversified and try to cover more than 10 industries, such as shopping malls, supermarkets, hotels, restaurants, gyms, etc.

How to increase your credit card limit?

The relevant methods for increasing the credit card limit are as follows. As long as the application is submitted, the result will usually be available within 2-3 working days, and the permanent limit will take longer.

1. Frequency wins

Use your credit card frequently, regardless of the amount, as long as you can swipe your card, you will definitely spend it.

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.

How to increase credit card limit

Quick way to increase credit card limit:

1. Spend as much as possible with credit card: After you apply for a credit card, spend as much as possible The more frequently the card is used, the more loyal the credit card user is to the bank. But the frequency should not be too high.

2. Use up your credit card limit as much as possible: It is best to use up the limit given by the bank every month, and make irregular large purchases, and then be able to repay normally. For these cardholders, banks usually Defined as high-quality customers, after judging whether the cardholder has a larger demand for a larger amount, the limit will be increased as appropriate.

3. Never incur late payment fees: Once you fail to repay on time, you will not only have to pay a high late payment fee, but it will also be recorded in the bank's credit system and registered in the central bank's personal credit report. In the system, this will not only affect your credit card application, limit increase and consumption, but also affect your loan application.

4. Proper use of temporary limit adjustment: Generally, 1-3 months after the credit card is opened, the credit card will prompt you with a temporary limit. If you repay the temporary limit after consumption, the bank will If you think you do have a high desire to spend and the ability to repay, it will be easy to increase your permanent limit.

5. U.S. dollar limit increase: If it is a dual-currency card, first deposit 100 US dollars for yourself, and then call customer service to apply for an increase. The reason is to go abroad and apply for an increase in the U.S. dollar limit. At the same time, the RMB quota has also been increased accordingly.

U.S. dollars can be directly deposited into ICBC online banking on the Internet. Click on credit card, currency USD, select foreign exchange repayment, enter 100 USD, and you can return the money from the savings card to the dual currency card into U.S. dollars. , the more dollars you save, the greater your probability of success.

6. Increase the amount of online precious metal transactions: Go to the bank's online banking, open an account in the financial investment section, invest funds, conduct transactions in it, pay a small handling fee, make a few transactions and call me to apply. I want to operate precious metals, but I don’t have enough funds. Please give me a quota.

7. Provide proof of financial resources: Provide real estate, cars, etc. Don’t be stingy with all types of assets and show them to the bank. Let the bank see your strength and show that you have a certain spending power and repayment ability!

That’s it for the introduction on how to increase your credit card limit.