China Merchants Bank uses cash installments to increase the credit card limit. Most people successfully increase the credit limit to 60,000 (full limit of gold card) through this method.
The following are the conditions for using CMB’s cash installment to increase the limit:
The necessary condition for CMB’s cash installment is that the cash installment amount must be greater than the available limit. Only in this case can the amount be increased. Quota.
Since the minimum cash installment amount is 2,000, the available credit must be used below 2,000 before the installment amount will be increased. The best option is to use the amount below 2,000 and pay 2,000 in installments. The handling fee is 57 yuan in three installments. This is the minimum spend. Extended information:
Methods to increase the limit
The available limit must be less than the amount selected for installment ------This is the same as the beginning of the article to determine whether the limit can be raised through cash installments. Great, the principle will be explained at the end.
If you choose an installment amount of 2,000, you need to increase the card's available limit to within 2,000. If you choose an installment amount of 30,000, you need to increase the card's available limit to within 30,000.
Since the minimum cash installment amount is 2,000, we have to choose the cash installment of 2,000 RMB, and choose the minimum three installments. The handling fee is 19*3=57. Xiao Zhaolu cannot let us pay a penny more.
At this time, many people will think about swiping their cards to increase the available limit of their cards to less than 2,000.
Actually, you don’t need to. You just need to go to major e-commerce stores to buy things. After placing the order, the payment will be successful and the credit will be deducted.
Then cancel the order. At this time, the quota has been locked, and the remaining available quota will not change. The deducted quota will be returned to the card within 1-15 working days. Baidu Encyclopedia-Credit Line