What is the limit when applying for a credit card for the first time?

When applying for a credit card for the first time, most banks determine the limit based on the applicant’s monthly salary level. Generally, the limit is between 1,000 yuan and 10,000 yuan. Yuan does not vary. Most people's first credit card limit is relatively low. As long as you repay on time, the bank will gradually increase your credit limit.

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What is the limit of applying for a credit card for the first time?

For most people The limit for applying for a credit card for the first time is generally less than 10,000 yuan. If the user feels that the limit is relatively low, the credit card limit can be increased through continuous use in the later period. Usually a new card must be used for 6 months before you can apply for an increase in the fixed limit, but you can apply for a temporary limit after 3 months.

If users want to get a higher credit limit for the first time, they need to submit better financial proof. Only by letting the bank know your repayment ability will the bank approve a higher credit limit for you. For high amounts, the financial proof here includes real estate information, driving license, provident fund, etc.

The user's application method will also affect the card limit. Generally, you can get a higher limit if you apply through the bank counter, and a lower limit if you apply through the bank's official website. However, you can apply faster on the bank's official website. Obtaining a credit card is especially suitable for users who need a credit card urgently.

It usually takes 20 working days for users to apply for a credit card and get the card. When users get a new credit card, they need to know its basic information, such as annual fee, bill date, repayment date, overdue interest, etc. This information allows cardholders to better use their credit cards. When activating a credit card, you need to set an inquiry password and a transaction password. Be sure not to confuse these two passwords when setting them.

What is the credit limit when applying for a credit card for the first time?

Generally speaking, the credit limit when applying for a credit card for the first time is about 3,000 yuan to 10,000 yuan. Don’t be discouraged if your first-time credit limit is low. You can increase your credit limit by maintaining good card usage habits.

Applicants apply for a credit card at the bank counter. The more income, property and other materials they provide to prove their ability to repay, and the better their credit record, the higher the credit card overdraft limit that will be issued. It is convenient to apply for a card online, but since relevant materials cannot be provided to the bank online, the credit card overdraft limit obtained in the end will be low.

At work, you may often encounter bank staff selling credit cards door-to-door. Many banks claim that their credit card limits are high and the limit can be increased quickly, but these are all deceptive. Generally speaking, for the first time, The limit for applying for a credit card is not too high. The bank will determine the limit based on the cardholder's salary and income level. If the cardholder's monthly salary income is X, then the limit is basically 1x-2x, that is, between X-2X.

On the one hand, banks will be more cautious about those who apply for a credit card for the first time.

Since the bank will check the credit report when applying for a credit card, but the credit report of cardholders without application records is blank. The bank does not know the cardholder's performance history and credit level, so it will be more cautious. , mainly based on monthly salary income as a reference.

On the other hand, if we want to increase the limit of the initial card approval, it is recommended to provide proof of assets, income statement and consumption list to prove that we have consumption needs and repayment ability. The bank will also provide proof of assets according to our requirements. The information will be re-evaluated, and if the requirements are met, the limit can be increased.

Extended information:

You can try three ways to increase the credit limit

Bankers in the city said that for citizens with low-limit credit cards, there are three ways to Ways to increase the overdraft limit

1. Increase the frequency of credit card swiping. Cardholders try to use credit cards to pay as much as possible in daily consumption. After several months of continuous consumption, you can actively apply to the bank, and the bank will decide whether it is necessary and possible to increase the limit based on the cardholder's consumption record.

2. Repay the loan in full and on time. You should avoid paying interest beyond the interest-free period due to untimely repayment. Otherwise, it will not only be detrimental to improving your credit limit, but may also cause stains on your credit record.

3. After getting the credit card, you can proactively provide proof of asset income to the bank. The more detailed the proof materials you provide, the higher the credit limit you may get approved by the bank.

What is the credit limit when applying for a credit card for the first time?

Generally speaking, the credit limit when applying for a credit card for the first time is about 3,000 yuan to 10,000 yuan. Don’t be discouraged if your first-time credit limit is low. You can increase your credit limit by maintaining good card usage habits.

Applicants apply for a credit card at the bank counter. The more income, property and other materials they provide to prove their ability to repay, and the better their credit record, the higher the credit card overdraft limit that will be issued.

There are three ways you can try to increase your limit

Bankers in the city said that for citizens with low-limit credit cards, you can increase your overdraft limit in three ways

1. Increase the frequency of credit card swiping. Cardholders should try to pay with credit cards as much as possible in daily consumption. After several months of continuous consumption, you can actively apply to the bank, and the bank will decide whether it is necessary and possible to increase the limit based on the cardholder's consumption record.

2. Repay the loan in full and on time. You should avoid paying interest beyond the interest-free period due to untimely repayment. Otherwise, it will not only be detrimental to improving your credit limit, but may also cause stains on your credit record.

3. After getting the credit card, you can proactively provide proof of asset income to the bank. The more detailed the proof materials you provide, the higher the credit limit you may get approved by the bank.

1. China Merchants Bank: China Merchants Bank has a higher probability of large amounts. If it is your first time to apply for a credit card from China Merchants Bank, as long as you fill in the information completely, you can basically get a credit limit of 5,000-10,000.

2. Bank of Communications: The threshold for applying for a Bank of Communications card is relatively low, so the probability of large amounts is relatively high. As long as your information is complete and your credit is not compromised, you can basically apply for the card. The initial credit limit of Bank of Communications will be around 5,000 yuan.

3. Shanghai Pudong Development Bank: Shanghai Pudong Development Bank pays more attention to personal comprehensive credit scores, so a good credit record is the key to application.

4. Guangfa Bank: The main reason is that the platinum card is relatively easy to get approved. If you are lucky, you can get a credit limit of 50,000 to 100,000.

5. China Everbright Bank: China Everbright Bank’s success rate for large-amount card approval may be relatively low, but it is quite easy to increase the amount, and the temporary limit is also very high.

I have been using the card for a while, but the limit has never been increased. Then it may be that there is a problem with your own consumption habits. Many banks have their own consumption preferences. For example, Bank of China likes large purchases in nightclubs and spa clubs, while Bank of Communications likes users to spend small amounts and not pay bills in installments.

If you have used a credit card for a period of time and have not raised the limit, you can go to the homepage of WeChat to search: Card Quick Check, check your consumption behavior habits in the past six months, and check your consumption behavior habits in the past six months. Check your own limit increase probability, make improvements according to the suggestions given in the comprehensive graphic report, and use the bank's preferred consumption to swipe your card, which can effectively avoid derating or card blocking, and the limit increase is just around the corner!

That’s it for the introduction of the limit when applying for a credit card for the first time.