What’s up with Ping An Bank’s credit card swipe limit?

Under normal circumstances, if your single purchase is less than RMB 100,000, you can make a one-time swipe within the available limit; If the amount is greater than or equal to 100,000 RMB (or 20,000 US dollars), you need to call our customer service hotline 95511-2 in advance to apply for large-amount consumption before trying to use it. Warm reminder: Our bank will implement differentiated limits based on the customer's card type and credit limit, please pay attention.

What does it mean that the transaction amount of Ping An Credit Card exceeds the limit?

The transaction amount limit refers to the transaction amount limit prompt that appears on the POS machine or payment page when swiping the card for consumption. The main reasons for this prompt are:

1. The credit limit of the credit card has been used up, the available limit is not enough, and the bank card balance is insufficient;

2. The card is in a certain payment channel. The transaction amount has reached the upper limit;

3. When swiping the card for consumption, the bank detected a risky transaction and therefore limited the transaction amount;

4. The customer set a single transaction limit himself , you will receive this prompt if you exceed the quota limit. :

1. Methods to remove the transaction amount exceeding the limit:

1. Pay in several installments;

2. Bring your ID card and bank card (credit card) Go to the bank to modify or cancel;

3. Open Google version 92.0.4515.131, log in to online banking, and modify or cancel the transaction amount.

2. Common reasons for credit card transaction amount exceeding the limit:

1. Single/single-day transaction amount is limited. Many banks will set a single or single-day transaction limit for credit cards. If the set limit is checked, the transaction will fail. In this case, it is recommended to call the bank to ask about the specific limit, and then split the transaction into multiple transactions, or change the payment method.

2. The amount swiped exceeds the POS machine transaction limit. Many UnionPay POS machines stipulate that the maximum amount of a single transaction does not exceed 50,000 yuan, and some banks will also impose limits on some merchants. There are two ways to solve this situation, one is to split large amounts into multiple small amounts, and the other is to The first is to change the payment method.

3. The amount of payment method is limited. It is generally common to use Cloud QuickPass to pay. Cloud QuickPass has the function of no password and no visa for small amounts. Many banks have different limits for this function. It is said that Ping An Bank and China Guangfa Bank have a single-day limit of 3,000 for small amounts, and they also require large amounts. Split multiple transactions of small amounts.

4. The credit card available limit is insufficient. Generally, the amount of a single card payment exceeds the current available limit of the credit card. For example, if you want to buy a mobile phone for 3,000 yuan, the card only has an available limit of 2,000 yuan. If the limit is less than 1,000 yuan, the transaction will definitely not be successful, and there will also be a prompt that the transaction amount exceeds the limit. You can first deposit the insufficient amount into your credit card, and then swipe the card again after the limit is restored.

In addition, if the credit card is subject to risk control, such as overdue use, illegal use of the card, high debt, etc., it is difficult to cancel the credit card transaction limit in this case. In this case, the debt needs to be paid off. After reducing your debt, you can develop good card-using habits and slowly release the risk control. Once the risk control is removed, everything will be easier to handle.

Why can’t Ping An Bank use more than one thousand?

Ping An Credit Card can exceed the limit, and can only exceed the limit by 10% at most, but the specific results are subject to the comprehensive evaluation results of the system. If your Ping An credit card suddenly cannot exceed the limit, it is likely that you have used the over limit before and failed to repay it. You can check whether the credit card has a negative limit.

Also if the cardholder has a relatively high personal debt, or the credit card is overdue, or the credit card is not used for daily consumption as required, the system will consider the cardholder's risk to be too high and will conduct risk control on the credit card. We also won’t allow card swiping beyond the limit.

The over-limit limit of Ping An Credit Card cannot be used

The over-limit limit of Ping An Bank Credit Card cannot be used because of risk control. Risk control refers to risk control, which is a risk control method of banks. The purpose is to restrain customers who have abnormal transactions or potential risks and further protect bank assets from losses.

For cardholders, if they are risk-controlled by the bank, they may face the following phenomena:

1. Frequently receive verification calls from the bank, such as when purchasing large amounts. After consumption, bank staff will verify the authenticity of the transaction.

2. You often receive risk reminder text messages from banks, such as reminding cardholders not to cash out, etc.

3. The credit card limit cannot be increased for a long time, which is probably related to the risk control measures.

4. The credit card suddenly cannot make transactions beyond the limit, or the consumption limit is reduced, which is also related to the risk control measures. .

What should I do if I am risk-controlled?

If our credit card is under risk control, we can solve it from three aspects:

1. Repay the loan in full and on time to ensure that it is not overdue;

2. Diversify small-amount consumption and remember not to make large-amount consumption;

3. Do installment business in a timely manner to provide more contributions to the bank.

Ping An Bank Credit Card is the first credit business launched after the merger of Shenzhen Commercial Bank and Ping An Bank and was renamed Shenzhen Ping An Bank. In addition to the basic functions of credit cards such as credit consumption and cash advance, it also has Many special functions provide cardholders with comprehensive security protection covering "safety in consumption, safety at home, and safety in travel".

Ping An Bank Credit Card Center was established in 2000 and settled in Qianhai, Shenzhen in 2015. It was upgraded to a credit card franchise with secondary legal person qualifications and relatively independent operations. As of November 2018, the number of cards in circulation has exceeded 50 million.

Ping An Bank is one of the main business departments of Ping An Group of China and an important part of the comprehensive financial service platform of Ping An Group of China. As a joint-stock commercial bank operating across regions, Ping An Bank has a registered capital of RMB 5.461 billion and total assets of more than RMB 130 billion. Its head office is located in Shenzhen, and its business outlets are located in Shenzhen, Shanghai, Fuzhou, Quanzhou, Xiamen and Hangzhou.

Do you know the reason why Ping An Credit Card has no limit?

1. The emergence of zero-limit credit cards is because banks issue credit cards in order to complete the issuance of cards and attract new customers. It's basically useless to humans. Although a zero-limit credit card "cannot be overdrafted", it is still a credit card, and cardholders can enjoy various preferential activities launched by banks for credit card holders. Similarly, if the cardholder does not reach the standard for swiping the card, annual fees will also be incurred. If the cardholder fails to pay off the annual fee on time, it will also cause credit stains.

2. If a zero-limit card appears in the cardholder's report, it will be very detrimental to the cardholder's subsequent application for credit cards from other banks. Banks issue such zero-limit credit cards mainly for the purpose of maximizing profits and competing with peers for customer resources. The purpose is to attract new customers and drive the processing of various other traditional and new peripheral businesses, such as deposits (our bank debit cards Regular automatic repayment), fund management, securities, life insurance, etc.

Ping An Credit Card is restricted to small-amount transactions

Ping An Credit Card can only use small-amount transactions because of transaction restrictions caused by risk control issues.

Under normal circumstances, Ping An Credit Card will not limit the transaction limit. Only when there are frequent transactions, illegal operations, fraudulent transactions, etc., the transaction limit will be imposed. In serious cases, the credit card will be frozen. Stay safe.

The credit card limit has a lot to do with your work situation. If you have no stable income or low capital flow in the near future, it will also lead to transaction restrictions. After the system evaluates, it will determine that the user has no ability to repay and reduce the limit.

That’s it for the introduction of why Ping An Credit Card limits the card limit.