A small partner consulted and said that his credit card limit was negative. What happened? According to the truth, the credit card limit is the consumption limit given by the bank, which decreases with the increase of consumption and increases after repayment, and is positive in most cases. In fact, there are still some situations that will lead to a negative credit card limit. Let's have a look.

1. Overpayment by credit card: repayment is not required in the current period.

If the current repayment amount of the credit card is negative, then there is no need to pay back the money. If you have saved more money or paid more bank money before, it is called credit card overpayment. Popularize a term, whether intentionally or unintentionally, that is, the extra money saved when repaying is the overpayment. The next time you deduct the bill, deduct the overpaid part first, and then deduct your credit line.

Banking regulations:

Remaining payable amount in this period = bill amount in this period-paid amount in this period. Don't worry too much if the amount you pay back during this period is negative.

Credit cards are different from debit cards. The bank will grant you a certain amount, and then pay it back after spending it. Some users don't know how to use the credit card at first, so they will deposit a sum of money in advance, for example, 1000 yuan, and spend 500 yuan that month. If the credit card limit is negative, -500 yuan will be displayed.

Reminder: There is no interest on saving more money by credit card, and you have to deduct the handling fee when you take it out.

When we deposit money into a bank debit card, we will calculate interest on schedule, but credit card deposits, that is, the overpayment, are not counted as interest. Many users said they didn't understand this problem and consulted the bank staff. They say that the main function of credit card is to spend money in advance, not to be used as a savings account, and it is very troublesome to deposit and withdraw money with credit card, so we encourage everyone to return it first and charge a handling fee, not counting interest.

2. Temporary limit exceeds the limit: the available/cash withdrawal limit is negative.

Another situation is that the temporary credit line exceeds the limit. For example, a user's credit card limit is 20,000 yuan. Because of the urgent need for large funds, he applied for a temporary credit limit of 5,000 yuan, and brushed 23,000 yuan before the temporary credit limit expired. Then the available credit card limit for repayment is negative, showing -3000 yuan.

The validity period of the temporary limit of different banks is different. For example, China Merchants Bank generally takes 30 days, China Everbright 45 days, Xingye 1 month, and the construction period is 3 months. There will be a SMS reminder when the temporary quota is opened, or you can log in to the bank or pay attention to the official account of WeChat to inquire about the specific deadline. After the temporary limit expires, the fixed limit will be automatically restored. If there is no repayment at that time, the available credit card limit is negative, so you can no longer use the credit card, and you can continue to use it after paying back the money.

If the credit card limit is negative, first judge whether the bill repayment limit is negative, or whether the available limit and cash withdrawal limit are negative. If it is the former, it is a good thing, which means that there is no need to repay in the current period, and the negative balance can be deducted when spending by credit card in the next period. If it is the latter, it means that you can't use this card before repayment, because the available amount is negative, so just repay as soon as possible!

Credit card (debit card) limit has become negative! What's going on here?

Recently, someone was very scared to consult, saying that their credit card (debit card) limit suddenly turned negative, which felt like being controlled by the bank. Card friends don't know what's wrong with their cards, and they are worried.

Negative numbers may be caused by the following reasons:

1. Overpayment by credit card (debit card)

If the current repayment amount of the credit card is negative, then there is no need to pay back the money. If there is too much deposit or overpayment before the credit card (debit card), it is called credit card (debit card) overpayment.

Popularize a term, whether intentionally or unintentionally, that is, the extra money saved when repaying is the overpayment. The next time you deduct the bill, deduct the overpaid part first, and then deduct your credit line.

Therefore, if you pay less than the consumption amount in this period, then the amount you should pay in this period is negative, so don't worry too much.

Credit cards (debit cards) are different from debit cards. The bank will grant you a certain amount, and then pay it back after spending it. Some users don't know how to use a credit card (debit card) at first, so they will deposit a sum of money in advance, such as 2,500 yuan, and spend 500 yuan that month. Then if the credit card (debit card) is negative, -500 yuan will be displayed.

Second, the temporary quota expires.

Since it is temporary, it must be valid. In the case of temporary limit, the total amount of credit card (debit card) is temporarily fixed. When the temporary quota expires, it will return to the fixed quota, and then its available quota will be deducted, resulting in the available quota becoming negative.

Give a chestnut: A few days ago, Zhang went to the supermarket to buy things. When he finished shopping, the cashier told him that the balance was insufficient and he had to pay in cash. When I got home, I found my credit card (debit card) was negative 1000 yuan.

In this case, it should be noted that most banks stipulate that the temporary line will be included in the current bill when it expires, and this part needs to be repaid in full, not just the minimum line.

The first two situations are the most common, almost everyone knows, and the following situation may not be understood by many people.

Third, overuse.

Another situation will also make your credit card (debit card) balance negative, that is, exceeding the limit. After exceeding the limit, the credit card (debit card) balance can be negative. However, it is worth noting that it is not economical to use it beyond the limit. Banks with over-limit credit cards (debit cards) will charge high over-limit fees and do not enjoy interest-free period.

Fourth, the minimum repayment amount

The interest on the minimum repayment amount is called "full penalty interest". Some card friends can't pay off in full because of lack of funds, so they can only choose the minimum repayment function recommended by the bank. At this time, if your card has been maxed out, the available amount will be displayed in the next bill at sunrise.

V. High-quality customer tolerance

Some banks do. You can spend as much as you have credit cards (debit cards), but you don't know that some banks have special tolerance policies for some quality customers.

For example, for a high-quality customer Rong, the current available amount is only 1000, and then credit card 1 100 for consumption. The bank will let you "swipe" this card so that the transaction can be successful. If the transaction is successful, the available amount will be displayed as-100.

Why does the credit card (debit card) amount become negative? What's going on here?

The credit card (debit card) line turns negative, which may be that the applied temporary line has expired or the line has exceeded the limit. I suggest that you don't use credit cards (debit cards) over the limit, which is not cost-effective, because the over-limit part needs to pay about 5% of the over-limit handling fee, and the consumption in the bill does not enjoy interest-free repayment.

The introduction of why credit cards are negative and why credit cards are always negative ends here. I wonder if you have found the information you need?