Current location - Trademark Inquiry Complete Network - Overdue credit card - What are the credit limit and cash advance limit of credit card?
What are the credit limit and cash advance limit of credit card?
Credit card limit, also known as credit card available limit, refers to the maximum amount of credit card you can use, including credit limit (that is, the maximum overdraft limit of credit card) and the amount deposited in credit card.

The advance cash line is a kind of small loan derived from your good credit history. This cash installment of China Merchants Bank is linked to your debit card, which is beyond your credit limit, with interest and not low.

The credit card limit depends on the effective income provided by the individual during the application process and the guaranteed value of the assets. The credit limit of a credit card is positively related to the applicant's income and secured assets, that is, the higher the income and secured assets, the higher the credit limit. Therefore, the applicant must provide proof of income and statement of asset guarantee. Asset guarantee includes fixed assets such as real estate and automobiles, as well as current assets such as savings and bonds.