1. How much total credit card credit is too high? In fact, there is no specific number for the total credit limit of credit cards. Each bank has its own judgment standards. Generally, the evaluation will be based on the user's assets, age, education, credit, occupation, income, liabilities, assets and other factors. Generally, the total credit limit for ordinary people is about 500,000, and it will increase by 30 to 50 depending on the cardholder's house and car situation. If the credit limit of all credit cards in the cardholder's name exceeds 50% of the total credit limit, it is very likely that the total credit limit is too high. For example, if a bank gives a total credit limit of RMB 500,000, and the total credit limit of the five cards in the cardholder's name is RMB 250,000, some banks will consider the total credit limit to be too high.
2. Can the total credit limit of a credit card be increased if it is too high? There is an 80% chance that the limit will not be increased. After all, one of the prerequisites for a credit card limit increase is that the cardholder must have a certain repayment ability. If the total credit limit of a credit card is too high, it is easy for the cardholder to overdraft. This will cause a great risk of overdue, and the bank will definitely be unwilling to increase the credit limit. If you want to increase the limit, you have to reduce the total credit limit of the cards you already hold. For example, you can repay the credit card in advance or in installments; or you can reduce the total credit limit of other banks, cancel the card or cancel the account. In short, if the total credit limit of a credit card is too high, it will affect the credit limit increase. In this case, if you want to increase the credit limit, you have to find ways to reduce the total credit limit. There are many methods, and you can choose the appropriate method according to your own situation.