Credit cards can be overdrawn, but they need to pay a certain excess fee, and not all banks automatically help users open overdraft services.
Different banks have different regulations on overdraft business. Ping An and Guangfa can overuse 10%. If people's livelihood exceeds the limit, they should call the bank, usually 10%. A small part of CITIC can only be used once a month, and it is only for quality customers. Can you ask customer service?
Generally, the overrun fee is 5% of the credit line, which is still very high. Moreover, all new credit card users have turned on the overrun function by default, and the bank will not remind you. If you want to avoid this situation, call to cancel the overrun function, or remember your credit limit every time you spend, and don't blindly spend and overdraw.
Extended data:
Credit card, also called credit card. It is a non-cash transaction payment method and a simple credit service.
A credit card is a credit certificate issued by a commercial bank or a credit card company to eligible consumers. Consumers with credit cards can go to specialized 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 limits.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and 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 according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
Overdraft limit generally refers to the maximum amount that a credit card can overdraw. The overdraft limit is related to the credit of the cardholder. The stronger the repayment ability, the higher the credit and the higher the overdraft limit.
Overdraft limit generally refers to the maximum amount that a credit card can overdraw. The overdraft limit is related to the credit of the cardholder. The stronger the repayment ability, the higher the credit and the higher the overdraft limit.
For example, two people with the same monthly income of 3000 yuan, one works in the municipal government and the other runs marketing in the company. If they apply for cards at the same time, the credit limit of civil servants is often higher than that of employees in that company from the beginning, because the work and income of civil servants are extremely stable.
For ordinary (credit card) cards, the initial overdraft limit is generally 5000-8000 yuan, which is the consumption limit. If you withdraw cash, it is generally 2000 yuan. If you use it frequently and repay it in full and on time before the final repayment date, your credit limit will increase rapidly, usually once every six months.
References:
Credit card Baidu encyclopedia? Overdraft limit? Baidu baike