what is the credit card limit for 18 years old? These factors are the key
The minimum age for applying for a credit card is 18 years old, which does not mean that you can definitely apply for a credit card at the age of 18, and the amount of card approval is high. Many people will be more concerned about the amount of 18-year-old credit card, which should be comprehensively evaluated according to many factors. Let's take a look.
How much credit card can you apply for at the age of p>18 depends on the identity of the applicant and what kind of credit card you apply for.
We know that credit card applications not only depend on age, but also require applicants to have a stable job and income. Nowadays, many 18-year-old people have just become college students. Because they don't have the ability to make money, banks will not grant ordinary credit cards. They only have two choices: student cards and supplementary cards.
1. If you apply for a student card, you can get off the card but the quota is sealed before graduation, that is, a student card with a quota of can deposit money into the credit card to enjoy various credit card benefits and accumulated points. If parents are willing to provide written guarantee materials for repayment on their behalf, the bank can grant a quota to the student card after confirming their identity.
2. If you apply for a supplementary card, the credit limit of the 18-year-old credit card will be shared with the main card, and the available credit limit of the supplementary card will also increase with the increase of the main card. However, the main cardholder can set a separate consumption limit for the supplementary card to avoid excessive consumption by the supplementary cardholder.
Of course, it doesn't rule out that some people enter the society to work hard too early at the age of 18, and they have work income, and banks will also grant cards. However, because they are still young at the age of 18, unless the work unit is a state-owned enterprise, a top 5 enterprise, or an iron rice bowl such as a civil servant, the amount of cards granted will not be very high, and some may be several thousand yuan or around 1, yuan.
What is the age limit for credit card application
Credit card applications generally need to be at least 18 years old, and most banks stipulate that they must be under 6 years old, and they can apply for credit cards at this age. However, individual banks stipulate that they can apply for supplementary cards at the age of 16, and the application for supplementary cards must be approved by the main cardholder.
if you apply for a supplementary card, the credit line after the application is generally half of that of the main card, and all the consumption of the supplementary card is included in the main card, so the supplementary card will not be billed separately, and only the main card needs to repay, and the supplementary card does not need to repay, and the points generated by the supplementary card are also included in the main card.
users applying for a credit card must have valid identification and a stable job. Only in this way can users have repayment ability. The most important thing is that they have good credit information. Only users with good credit information can successfully apply for a credit card. If they have bad credit information, the possibility of being rejected is very high.
the newly applied credit card needs to be activated before it can be used. The way to activate it is on the envelope in the mail. After activation, we should know the basic information of the credit card, such as billing date, repayment date, annual fee, withdrawal fee, installment repayment rate, etc., which will be of great help to our daily use of the credit card.
What is the credit card limit
The credit card limit is determined by the bank according to the applicant's credit conditions and the card grade applied for, generally following the standard credit card limit: -1, yuan; Credit card gold card amount: 1,-5, yuan; Platinum card and above: 5, or above.
1. according to the general credit card classification of banks, credit cards can be divided into four types: general card, gold card, platinum card and unlimited card, and the corresponding credit card limits are also different. Under normal circumstances, the amount of Puka is between 1, and 1,, which is suitable for ordinary wage earners; The amount of gold card is between 1, and 5,, which requires the applicant to have certain economic strength; Platinum card and unlimited card are symbols of distinguished status. Generally, the limit is more than 5,, and there is no upper limit. The specific credit card limit needs to be evaluated and determined by the bank according to your comprehensive qualifications.
2. With the appearance of credit cards, we have more, so credit cards are very popular in the market. But for us ordinary people, if we want to apply for a credit card, how much will it be? In order to let users know this problem clearly, let Xiaobian introduce it to you.
3. It is understood that the most important condition for applying for a credit card now is that you are 18-6 years old and have a stable job and income. The necessary application documents are a copy of your identity certificate and a work certificate. However, for ordinary people to apply for credit card quota, in fact, the credit card quota is uncertain, mainly based on the materials provided by your application for review. If the income source is relatively stable, the credit card quota is relatively high.
4. Credit cards are issued by banks, which have been recognized for their authority and safety. Although the concept of ahead of time consumption may run counter to that of some people, it must be said that the increase of credit card share has also brought convenience to residents' lives, and also increased the performance of banks.
How much credit card is generally available
Under normal circumstances, the credit card limit of ordinary banks is less than 5, yuan, and the credit card limit above platinum card level can only be reached.
if your credit card limit is insufficient, you can consider using big brand credit products such as AliPay Loan, Tencent Micro-loan, and Xiaoman Finance Money Flower. Money Flower, formerly known as "Baidu Money Flower", is a credit brand of Xiaoman Finance (formerly Baidu Finance). It provides users with safe, convenient, unsecured and unsecured credit services, and borrows money to go to Xiaoman Financial APP.
Du Xiaoman Finance will effectively implement the call of the state to support small and micro enterprises to tide over the difficulties. Its credit service brand has the money to fully support small and micro production and operation, and Du Xiaoman Finance is the first choice for most small and micro owners. It is reported that 7% of the credit users of Xiaoman Finance are small and micro business owners. Up to now, Du Xiaoman Finance has joined hands with dozens of financial partners to issue hundreds of billions of loans to small and micro business owners.
This answer is provided by Kangbo Finance, which focuses on the interpretation of hot financial events and the popularization of financial knowledge. It is professional and interesting, making financial content that people can understand, and conveying financial value in vivid and diverse ways. I hope this answer is helpful to you.
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How old can the credit card be used
There is no limit to the use period of the credit card. Only if you apply, in principle, you can still use it alive.
the age limit for credit card applications is 18 to 6, but some banks are 65. Although in principle you can apply for a credit card at the age of 6. However, the threshold for applying for a credit card at the age of 6 is even higher. Bank cards will consider the user's property status and living conditions and conduct strict investigations before issuing credit cards.
a credit card, also known as a debit card, is a credit certificate issued by a commercial bank or credit card company to a consumer with qualified credit. It is in the form of a card with the name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to special commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.
The credit card stipulated in the relevant laws of our country (Interpretation of the NPC Standing Committee on the Provisions on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or some functions such as consumer payment, credit loan, transfer settlement, cash deposit and withdrawal. On December 1, 217, the Standard for English Translation and Writing in Public Service Field was officially implemented, stipulating that the English name of the CreditCard standard is Credit Card.
credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.
Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.
from January 1, 221, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate will be cancelled (the original upper limit is .7 times of the daily interest rate, and the lower limit is .7 times of the daily interest rate).
On May 25th, 221, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.
How old is the credit card?
Applicants must be at least 18 years old if they want to apply for the main card, and at least 16 years old if they want to apply for the supplementary card. Supplementary card is generally a popular credit card, and the specific amount is not high, and it may even be zero. If you are 18 years old and have a stable job and income, the applicant can apply for a standard credit card, with a general amount ranging from 2, to 5, yuan.
Age limit for main credit card
Most bank credit cards are limited to the age of 18 to 6, such as China Merchants Bank Credit Card, CITIC Credit Card and Pudong Development Credit Card. In other words, people under the age of 18 or over the age of 6 apply for credit cards from these banks, and the banks will not pass.
then some people will ask, is it true that all bank credit cards have the same age limit for applicants? In fact, this is not the case. For example, Guangfa Credit Card, Bank of Communications Credit Card, Minsheng Credit Card, Ping An Credit Card and Huaxia Credit Card can be extended to 65 years old, while CCB Credit Card is the best, even reaching 7 years old.
Age limit for credit card supplementary cards
For supplementary cards, Minsheng Credit Card and CCB Credit Card can be processed at the age of 13; China Merchants Bank Credit Card and Agricultural Bank Credit Card can be done at the age of 14; Most bank supplementary cards are issued to applicants who have reached the age of 16. All the above are aimed at the age limit of mainland residents in China, and the age requirement is high for compatriots from Hong Kong, Macao and Taiwan or foreigners.
Credit cards are convenient to use, but we can't ignore the risks of using them, so banks have imposed restrictions on underage or elderly people.
so much for the introduction of credit card limit and age.