What should I do if my bank card exceeds the limit?

If the bank reports that the card exceeds the limit, it may be due to the following two reasons:

1. The amount of consumption exceeds the maximum credit limit of the card.

2. This consumption exceeded the single payment limit.

If the credit card exceeds the limit due to insufficient credit, you can pay with another card; if it is due to the single payment limit, you can modify the payment amount and divide it into multiple payments.

Supplementary information:

1. Solution to the bank’s feedback that this card exceeds the limit:

1. Modify the bank card limit

Encountered If your bank card is limited, you can modify the limit. There are two main methods:

One is to bring your bank card and ID card to a nearby bank branch and ask the staff to help modify the limit of the bank card.

Another method is to log in to online banking to make modifications. As long as you log in to your personal online banking account and find payment management, you can perform related operations. However, this method is only applicable to those who have already opened the account. Customers who have an online banking account.

2. Switch payment methods

The bank card limit is to control your consumption. Therefore, when the bank card consumption is limited, you can choose to change to another payment method to complete the consumption. Such as changing bank cards or using balance accounts.

3. The transfer amount should not be too large at one time

Bank cards also have limits when transferring. This is to avoid risks arising from transfer amounts that are too large, so it is better to use bank cards to transfer money. Sometimes, just don't transfer too much money at one time, or use multiple small transfers instead.

4. Apply for a bank card with a high limit

If your bank card has a low limit, you can also choose to apply for a high-limit bank card, which is also a solution to the limit. One of the most direct and effective ways.

2. How to lift the bank card limit

1. Bring your bank card and ID card to a nearby bank branch and ask the staff to help modify the bank card limit.

2. Log in to online banking to make modifications. Just log in to your personal online banking account and find payment management to perform related operations. However, this method is only applicable to customers who have opened an online banking account. .

3. Can I still receive money if my bank card has reached its limit?

Generally, you can still receive money if your bank card account has reached its limit. Users with limited bank card limits often make transfers. The transaction limit, and more importantly, the limit of online transactions, there is still no limit if the user operates through the bank counter. The bank card limit does not limit account collection, so if others transfer money, the user can still receive funds.

How to solve the problem of exceeding the limit of credit card amount

Credit card holders can use a certain amount of funds beyond the original limit of the credit card, that is, the card holder can use the card beyond the limit; but the bank will charge a certain amount for the excess amount. Limit fee, credit card over-limit fee is 5% of the over-limit amount. However, it should be noted that:

1. Cardholders must apply for and activate credit card services beyond the credit limit;

2. Cardholders who have not opened credit card services beyond the credit limit can Activate this function through customer service hotline, personal online banking and other channels

3. The over-limit portion enjoys an interest-free period, but it must be fully repaid on the due date, that is, the over-limit portion cannot be repaid according to the minimum amount. to repay.

Credit card over limit

Credit cards can be used for overdraft consumption, but credit cards have an available limit, which can generally only be used within the limit. The corresponding limit will be restored after repayment . But if the credit card limit is not enough, there is an over-limit limit for emergencies

What does it mean to exceed the credit card limit?

According to the literal meaning, credit card over-limit means exceeding the limit, that is, the limit beyond the maximum overdraft limit of your credit card. Not every bank has this limit, and the over-limit regulations and fees are different.

For example: Your credit card limit is 10,000 yuan, but you have already used 9,000 yuan. If you still want to spend 1,100 yuan now, you will have to use the over-limit limit. There is no limit. The limit is only 1,000 yuan.

A bank card exceeding the limit means exceeding the maximum withdrawal and payment limit of the bank card.

According to the "Bank Card Business Management Measures":

Article 45

Card-issuing banks shall comply with the following credit card business risk control indicators:

(1) The amount of a single overdraft incurred by the same cardholder shall not exceed 20,000 yuan (including the equivalent foreign currency) for personal cards, and shall not exceed 50,000 yuan (including the equivalent foreign currency) for corporate cards.

(2) The monthly overdraft balance of the same account for personal cards shall not exceed 50,000 yuan (including the equivalent in foreign currencies), and for corporate cards shall not exceed 3% of the comprehensive credit limit of the unit issued by the card-issuing bank. For units that have no comprehensive credit limit to refer to, their monthly overdraft balance shall not exceed 100,000 yuan (including the equivalent in foreign currencies).

(3) The overdraft limit of a foreign currency card shall not exceed 80% of the cardholder’s deposit (including the pledge amount of the savings certificate). (4) The average monthly overdraft balance that occurs for more than 180 days (including 180 days, the same below) from the date of implementation of these measures shall not exceed 15% of the average monthly total overdraft balance.

Article 46

The maximum overdraft period for a quasi-credit card is 60 days. The minimum repayment amount for the first month of a credit card shall not be less than 10% of the overdraft balance of the month.

Extended information:

According to the "Bank Card Business Management Measures":

Article 24

Commercial banks handle bank cards Acquiring business shall charge settlement fees from merchants according to the following standards:

(1) Hotels, catering, entertainment, tourism and other industries shall not be less than 2% of the transaction amount;

( 2) For other industries, the amount shall not be less than 1% of the transaction amount.

What should I do if my credit card exceeds the credit limit?

As long as the card payment is successful, the overused credit card limit will be included in the current credit card bill, and the outstanding balance will be paid off before the repayment date. That’s it. Generally speaking, credit cards can be used over the limit by 20% of the fixed limit, but the over limit can only be used when the limit is insufficient when the user swipes the card for payment. Credit card cash advances, etc. do not support over limit. If a credit card exceeds the limit, 5% of the amount exceeding the fixed limit will be charged as an over-limit handling fee. The amount used above the fixed limit also enjoys an interest-free repayment period, but it must be paid off in one go.

Credit card types:

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

According to different card issuers, they can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card.

This type of card can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., and are used for purchasing tickets, meals, accommodation, entertainment, etc.

According to the different objects of issuance, it can be divided into corporate cards and personal cards

Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal organizations.

Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards

Ordinary cards. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card.

The gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.

What to do if your credit card repayment exceeds the limit

If your credit card repayment exceeds your limit, you can withdraw the excess money. You can also leave it on the card and use it to pay for things.

1. Withdraw cash

Withdrawing the excess money will incur certain handling fees, and different banks have different charging standards.

For example, China Guangfa Bank does not charge handling fees whether it is withdrawing cash from Guangfa Bank’s ATM machines or its bank counters, whether within the bank or across banks, locally or across regions, as long as it is in China Just within mainland China.

Other banks, such as Industrial and Commercial Bank of China, China Construction Bank, Bank of Communications, Hua Xia Bank, etc., do not charge handling fees if cash withdrawals are handled at local ATM machines or bank counters. However, if any of the above conditions are not met, a certain handling fee will be charged. Therefore, you should consult the bank to which your credit card belongs for specific handling fee issues.

2. Keep the money in the card

Use the card to pay when you buy something. You can use this method if the amount of money you exceed is not large, and there will be no interest or fees when using the money in your credit card to make purchases.

3. Keep the money in the card as a deduction for the next period's repayment

If you leave the money in the card without consumption, it is equivalent to adding up to the loan limit, which will be used in the next period. When borrowing, this part of the amount will be deducted first.

What should I do if my credit card overdraft limit is exceeded?

1. When it comes to credit cards, many people know that it is a way of swiping a card where you consume first and then pay back. But when it comes to credit cards, Some credit card novices may not understand the overdraft limit. The following editor will introduce the issue of credit card overdraft limit in detail.

Credit card limits are divided into fixed limits and temporary limits. The fixed limit is the overdraft amount approved by the bank for the first time (you can apply to the bank for an increase after it has been used for a long time), while the temporary limit is a temporary limit applied to the bank when the fixed limit is used up and is not enough (generally no more than 60 days).

2. The credit limit is the limit of the credit card. For example, the credit limit is 5,000, which means that the card can only spend up to 5,000 yuan. To continue spending, you must pay back the money first. However, some banks now also provide over-limit services. You can spend 10% more than your limit, but some banks charge a certain fee.

3. The so-called overdraft means that the use of the credit card itself is an overdraft. Simply put, it means that you can use it before you deposit any money. It is equivalent to borrowing money from the bank and paying it back after using it. It's an overdraft.

4. In addition, the fixed limit is also divided into card consumption limit and cash withdrawal limit. The overdraft limit of a credit card is the maximum amount you can spend with your card, and the cash withdrawal limit is your maximum cash withdrawal limit, which is generally set to 30%-50% of the overdraft limit (credit limit).

5. After using a credit card to overdraft, there is a time limit for repaying the money. This will usually be reminded by text message or bill or email. As long as you repay within the time limit based on the usage record of the bill and the repayment amount, That's it. Otherwise, the accountant will charge interest.

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1. Example: Take Ping An Credit Card as an example:

Any portion that is actually used beyond the fixed limit will be charged an over-limit handling fee. The over-limit handling fee is charged at 5% of the over-limit amount, and there is no maximum or minimum charge limit (the over-limit fee is not charged for the time being)

2. After the credit card is repaid, the limit remains unchanged and remains the same as before. Quota.

What happens if your credit card exceeds your limit?

1. If the cardholder exceeds the overdraft limit, the bank will charge a certain overdraft fee, usually 5% of the excess limit, and will charge it on a monthly basis until the cardholder repays the amount. clear. In other words, if your credit card limit is 10,000 yuan, but you spend a total of 12,300 yuan when you overdraft, then the amount exceeds 1,000 yuan. For this part of the money, the bank will charge (23005%) 115 yuan for the overdraft. Fees are limited, so overdraft is not cost-effective.

2. Under normal circumstances, banks will allow an appropriate limit to be exceeded, and the general range is controlled at about 5%-10% of the original limit. If you exceed the limit, the excess needs to be paid off in one lump sum in the next period and cannot be paid in installments. As long as you repay on time, it will not affect your credit record or anything else. Of course, it is not recommended to frequently exceed the limit. If the quota is not enough, you can call the bank service hotline to apply for a temporary quota or an increase in the fixed quota.

Extended information:

Consequences of overdue credit cards

1. Liquidated damages, usually 5% of the unpaid portion of the minimum repayment amount.

2. The interest is high, and the interest is compounded. The interest rate is very scary when the debt is large.

3. Overdue credit records will be stained, resulting in the inability to handle financial needs such as house purchases and loans within the next two years.

4. If the payment is overdue for more than 3 months, and the amount exceeds RMB 10,000, and the bank has failed to pay multiple reminders, you will not only have to bear the repayment, but may also bear criminal liability.

This ends the introduction on what to do if the credit card limit is exceeded and what to do if the credit card limit is exceeded. I wonder if you have found the information you need?