What are the over-limit rules of Guangfa Credit Card?
The over-limit limit is actually an "invisible" limit set by the bank for customers to facilitate our use. Generally speaking, the over-limit limit of a bank cannot be more than 10% of the total limit, and China Guangfa Bank is no exception. In layman's terms, you can use an additional 10% overdraft amount outside the limit range. This part of the quota is not used free of charge. In terms of fees, different banks have different charging standards. Guangfa Bank’s charging policy is to charge a handling fee of 5%. Of course, this handling fee is only 5% of the excess part, and this business continues The cardholder can also choose to cancel after applying for the credit card.
Guangfa Bank Credit Card is the first standard credit card in China. The card has a preset credit limit in accordance with international standards. Spend first and repay later. No pre-deposit is required. You can use the credit limit for overdraft consumption and cash withdrawal transactions.
The first is the standard card, which is intended for use by the general public and has no specific orientation. The True Love Card and Pearl Card are high-end credit cards specially established to target women in the new era. These credit cards will receive certain discounts when purchasing some consumer goods for women.
The car owner card is for private car owners, who will enjoy more discounts on fueling, car maintenance, etc.
At the same time, Guangfa Bank Credit Card has issued a commercial card. This kind of commercial card can be applied in some large consumption places, hotels, etc., and will enjoy certain preferential quotas in some hotel services and reservation services. .
Guangfa Bank credit card repayment method:
Online
1. Tenpay online inter-bank transfer repayment
2. Our bank Online bank transfer repayment
3. Online inter-bank transfer repayment on Kuaiqian website
4. Alipay online inter-bank transfer repayment
5. Inter-bank online bank transfer Repayment
Automatic transfer
Automatic transfer of Guangfa Licaitong Savings Card
Self-service terminal
1. CRS cash repayment at deposit and withdrawal machines
2. Convenience store self-service repayment
3. Bank self-service equipment transfer and repayment
4. UnionPay "Xinpaytong" self-service terminal transfer and repayment Payment
Telephone
1. Intra-bank transfer by phone
2. Inter-bank repayment by phone
3. Repayment by mobile phone text message
Bank outlets
1. Inter-bank agent repayment through "Repayment Pass"
2. Repayment over the counter at our bank outlets
3. Inter-bank remittance Repayment
What is the over-limit of Guangfa Bank’s credit card?
What is the over-limit of Guangfa Bank’s credit card?
The over-limit limit is an implicit limit set up by some banks to facilitate users to swipe their cards for consumption. However, the central bank stipulates that the over-limit limit must be less than 10 of the total limit.
With Guangfa Credit Card, you can overdraw by an amount of RMB 10 above the given credit limit, but this excess amount will be subject to an overage fee of RMB 5.
The over-limit function of Guangfa Credit Card will automatically take effect after the credit card is opened. Customers can choose to cancel this function after opening the card.
The excess limit policy of Guangfa Credit Card, in short, means that a handling fee of 5 will be charged for the portion exceeding the credit limit. That is to say, after the customer spends 10,000 yuan, the customer can still spend 1,000 yuan, but for the excess 1,000 yuan consumption, the bank will charge a handling fee of 5.
How to exceed the limit of Guangfa Credit Card
The over-limit (limit) is an implicit limit set up by some banks to facilitate users to swipe their cards for consumption. The central bank stipulates that the over-limit limit must be less than 10% of the total limit. The over-limit fee for Guangfa Credit Card means that the cardholder exceeds the account credit limit approved by China Guangfa Bank and the over-limit fee is not repaid on the day the account exceeds the limit (i.e., the card issuer’s accounting date for the transaction). The over-limit fee shall be charged according to regulations. Payments made to China Guangfa Bank.
When the total amount owed on a customer's account (the total amount owed includes but is not limited to the principal, interest and fees of all credit card overdraft transactions) exceeds the credit limit, the bank will pay 5% of the excess amount to the customer based on the billing cycle. Over-limit fees are charged, and the over-limit fees have minimum and maximum charge limits.
In addition, Guangfa Credit Card can also overdraft an amount of 10% above the given credit limit, but this excess amount will have to pay an excess fee of 5%. That is to say: over-limit fee = (actual usage limit - bank credit limit) X5.
Guangfa Credit Card is the first domestic standard credit card issued by China Guangfa Bank in 1995, and it is also the first credit card to achieve profitability. The card has a preset credit limit in accordance with international standards. Spend first and repay later. No pre-deposit is required. The credit limit can be used for overdraft consumption and cash withdrawal transactions.
The interest-free period for overdraft consumption can last up to 50 days. As long as you repay in full before the repayment due date specified by the bank, you can enjoy the interest-free period from the date of transaction to the date of repayment. Interest-free treatment until the maturity date. The repayment method is flexible, you can pay it off in full, or choose the minimum repayment amount, enjoy revolving credit, and manage your finances more freely.
Minimum repayment
The annual fee for the main card: the annual fee for the regular card UnionPay card is 40 yuan, and the annual fee for the gold card UnionPay card is 80 yuan.
No annual fee policy: no annual fee in the first year, and six swipes to waive the next annual fee. The annual fee for each card of MasterCard Titanium Card is 480 yuan, and an annual fee will be charged in the first year. Points can be accumulated every year from the first year onwards. If you spend over RMB 80,000 with your card, the annual fee will be waived for half a year on a rolling basis.
Cash advance limit: 50 of the credit limit.
Interest-free period: 20 days to 50 days.
Consumption verification method: signature signature password.
Revolving credit interest (daily interest): 0.05 interest per day, minimum fee is 1 yuan
Consumption SMS notification fee: free notification for purchases above 300 yuan, and SMS notification function required for purchases below 300 yuan , the fee is 3 yuan per month.
Interest-free installment
Guangfa Card provides you with high-quality products at affordable prices, and also provides customers with interest-free installments of up to 12 months, and products worth several thousand yuan. , you only need to pay a few hundred yuan a month to enjoy it, making your dreams come true early.
Instant Communication
To ensure the safety of funds, you can enjoy free text message reminders for every transaction of over 300 yuan, and be notified of account changes in a timely manner, making using the card more secure. If you need SMS reminder service for all transactions, just call 95508 to activate it, and the cost is only 3 yuan per month.
The instant messaging SMS will be sent through port 95508 (mobile/telecom users) or 10655020288 (China Unicom users). The content of the SMS is the last four digits of your card xxxx spending RMBxxxx yuan at xx hour and minute on xx day,?. Please pay attention.
The bank provides customers with card security protection. Within a certain range, customers do not have to bear the losses of credit card theft within 48 hours before reporting the loss. The amount of protection is up to the full credit limit!
Service
A 24-hour service hotline 95508 or (86) 20-87310029 is set up for Guangfa card customers to provide faster and more considerate services. Online services include: GF card business introduction, bill inquiry, customer preferential information, GF card activation, credit limit adjustment, online instant loss report, information modification, point gift redemption, etc. Customers' complaints about GF card can be properly handled by just making a phone call. Various card usage needs.
Convenient business travel service
Just call the Guangfa Card toll-free business travel service hotline 400-619-9819 to book air tickets and hotels with priority, and there is also free ticket delivery service.
This is the end of the introduction on how to exceed the limit of Guangfa Credit Card.