You can exceed the limit by 10%, but you will be charged an over-limit fee if you exceed the limit.

1. Each bank can control the maximum amount of credit card consumption to 110% of the original amount. For example: if you have a credit card with a credit limit of 10,000 yuan, then your credit card may be able to directly spend up to 10,000 yuan. In case of a thousand yuan, the bank can charge a certain percentage of over-limit fee for the thousand yuan that exceeds the credit limit.

2. Generally speaking, the amount charged for credit card over-limit fees is usually 5% of the amount exceeding the credit limit. The minimum over-limit fee for RMB accounts is 10 yuan and the maximum is 200 yuan. Extended information

The calculation formula of the minimum repayment amount is as follows: Minimum repayment amount = 10% consumption balance + 10% cash withdrawal balance + interest balance + balance of other payable fees + the unpaid portion of the minimum repayment amount of the previous period< /p>

Bank of Communications adopts the revolving credit interest calculation method. Revolving Credit: A revolving credit is a small, unsecured loan with daily interest. You can decide the repayment amount according to your own financial situation every month before the due date of the current credit card bill. When the amount you repay is equal to or higher than the minimum payment on the current bill, but less than the amount due in the current period, the remaining deferred payment amount is the revolving credit balance.

Revolving credit is a very convenient loan tool. It not only allows you to enjoy the convenience of swiping a card, but is also a good choice for you to easily manage your finances. If you choose to use revolving credit, you will not be able to enjoy the interest-free repayment period in the current period.

Baidu Encyclopedia-Bank of Communications Credit Card