Most cardholders are still unfamiliar with over-limit fees. However, for cardholders who need to temporarily increase their credit limit, this is also a penalty that needs to be vigilant. After a long holiday, there is often a high incidence of over-limit fees. Before the holidays, cardholders applied for a temporary increase in their credit limit in order to facilitate swiping their cards for consumption when traveling.

However, once the temporary limit expires and the credit card overdraft amount still exceeds the normal limit, it is considered an over limit, and the bank will charge a 5% over-limit fee for the over-limit amount.