You can only pay the minimum amount of the bill. The available limit is a negative number, which means that the amount owed has exceeded the credit limit and has exceeded the limit. The current bill repayment can be repaid according to the minimum repayment amount shown on the bill. There will be no additional fees. It is just that the minimum repayment amount is not required. Enjoy the interest-free treatment for consumption, and all transactions in the bill will be charged interest at a daily interest rate of 0.5% from the transaction date.

If you are still over the limit after paying the minimum, the over-limit amount will be added to the minimum repayment amount in the next bill.

Extended information:

Tips for increasing your credit card limit:

1. Credit cards cannot be used as debit cards

I believe everyone knows about credit cards The difference between credit cards and debit cards is that credit cards are for credit consumption. Depositing and withdrawing money at will is not a good card use behavior. If you want to increase your limit, use them separately. Credit card cash withdrawals will charge a certain fee, which is not cost-effective.

2. Frequently swipe credit cards

Credit cards have annual fees. Some cards are free of annual fees if you spend a certain amount. Some are free of annual fees after a certain number of transactions. By swiping your credit card frequently, you can not only avoid annual fees, but also increase your credit card limit. If you use it regularly, you will invisibly become an active user of the card issuing bank. When you increase your credit limit, you will receive certain rewards.

If you have continuous and stable consumption and have transactions every month, the card issuer will even take the initiative to provide you with a credit limit increase. Even if you apply for a permanent quota increase, the possibility of being approved is very high.

3. Irregular high-amount consumption

Frequent use of credit cards represents stable activity, while irregular large-amount consumption and the ability to repay it on time will be recognized by the card issuer. For quality customers. It will also become very simple for card owners to apply for a limit increase. Of course, this type of large consumption is not a max-out.

There is a big difference between frequently swiping your credit card and frequently maxing out your credit card. Normally, when applying for a credit card, the limit will not be very high. If you frequently empty your credit limit in one go, even if you can repay it on time later, it will be a big no-no for you to increase your credit limit.

4. Do not cash out maliciously

Credit cards support cash withdrawals. If you withdraw cash normally, you can also increase the limit. However, if it is a malicious cash-out, once discovered, the card will be blocked and the credit will be reduced. It will be more difficult to leverage loans by increasing the limit.

Actually, this can also be avoided. Do not swipe the card multiple times on the same card machine within a short period of time, do not swipe the card with an integer, or do not swipe the card during the business hours. As long as it does not comply with normal consumption logic, it will naturally not be judged as malicious cashing out.

For malicious cash-out behavior, the card issuing bank’s handling results are still very serious. Blocking the card and reducing the credit limit is a better result, but once the personal credit report is on, the impact will be greater.