If this prompt appears when using a credit card, there are usually three possibilities. First, the credit limit of the user's credit card is insufficient; Second, the credit card has set a transaction limit; Third, the risk of credit card transactions is controlled by banks.
Bank card refers to a credit payment tool issued by commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc.
Bank card reduces the circulation of cash and checks, which makes the banking business break through the limitation of time and space and undergo fundamental changes. The application of bank card automatic settlement system makes the dream of "no cheque, no cash society" come true.
From August 1 2007, the annual management fee for bank cards was cancelled, and some basic financial service charges of commercial banks were suspended. 20 19 on April 22nd, China unionpay released the report on the development of bank card industry in China (20 19).
On August 15, 2020, Baidu Company, baixin bank and China UnionPay launched the first digital bank card in China-Baidu Flash Payment Card. On August 3rd, Kloc-0, China UnionPay released its first digital bank card "UnionPay Unbounded Card".
Bank card limit solution
First, modify the bank card limit.
When the bank card has a limit, the limit can be modified. There are two main ways:
One is to bring a bank card and ID card to a nearby bank outlet and ask the staff to help modify the limit of the bank card.
Another way is to log in to online banking and modify it yourself. As long as you log in to your personal online banking account and find payment management, you can do related operations, but this method is only applicable to customers who have already opened online banking accounts.
Second, change the payment method.
The bank card limit is to control your consumption, so when the bank card consumption is restricted, you can choose another payment method to complete the consumption, such as changing the bank card or using the balance account.
Third, the amount of a transfer should not be too large.
The bank card will also have a limit when transferring money. This is to avoid the risk of excessive transfer amount. Therefore, when transferring money with a bank card, don't transfer too much at one time or use multiple small transfers instead.
Fourth, run a bank card with a high amount.
If your bank card limit is low, you can also choose to apply for a high-limit bank card, which is also one of the most direct and effective ways to solve the limit.