The level of a credit card with a limit of 20,000 yuan is determined by the level of the card.

The gold card limit of general banks is about 10,000 to 50,000 yuan, so a credit card with a limit of 20,000 yuan is at the middle level of a gold card, but it is relatively high among ordinary credit cards and requires applicants to meet Certain application qualifications. The credit card limit is given by the bank based on a comprehensive evaluation of the information submitted by the applicant, and is determined by multiple factors such as the applicant's age, income, savings, and credit history.

1. Ranking of credit cards:

The basic ranking of credit cards is generally regular card, gold card, platinum card, diamond card and black card. The higher the grade, the larger the limit. The more services and rights you can enjoy.

General card: The limit ranges from 0 to 10,000 yuan, usually no more than 10,000 yuan. Usually, you can enjoy the annual fee-free policy, such as swiping the card 6 times to waive the annual fee for the next year, and redeeming points every year. Fee reduction and exemption, enjoy the bank's most common preferential policies, usually no special rights.

Gold Card: The limit is generally between 10,000 and 50,000 yuan, and the standard is higher than that of ordinary cards, usually several hundred yuan. The annual fee reduction and exemption policy is the same as that of ordinary cards, except for some special cards, and the service is slightly better than that of regular cards. For regular cards, the discounts are usually greater than for regular cards, and the points accumulation policy is also more powerful than for regular cards.

Platinum Card: The limit is usually between 50,000 and 1 million, the annual fee is usually not waived, and you can usually enjoy high-end services provided by banks such as golf, SPA, physical therapy, airport transfers, and VIP rooms.

Diamond Card: It is a higher level than Platinum Card. It has higher requirements on the status of the card holder. Only successful people can apply for it. Therefore, Diamond Card has a higher limit, which can highlight the card holders. A person’s noble status. The cardholder is required to have an income of more than one million, and the limit is also in the million level.

Black card: This card is not available to everyone and does not accept applications. The card will only be issued if actively invited by the bank. There are three domestic banks, namely Industrial and Commercial Bank of China, China Merchants Bank and Minsheng Bank. All are by invitation, and conditions vary.

2. How to apply for a credit card

1. You can apply for a credit card by providing proof of employment and salary;

2. The credit limit is based on your salary and assets It will be determined based on the circumstances;

3. After getting the credit card, you can activate it and use it as an overdraft; Credit card application conditions:

1. Be 18 years or older;

2 , Hold a valid ID card;

3. No bad credit record;

4. Have a permanent job certificate;

5. Stamped with the financial seal of the unit Proof of income;

6. Proof of other financial resources, such as real estate, cars, stocks, bonds, etc.;

7. Proof of social pension insurance;

8. Provide two contact persons. The first three conditions must be met, and providing 4-7 supporting materials as much as possible will increase the success rate of card application and credit limit. It is best to apply for a credit card at a bank branch. You will be notified by phone after approval.