How to increase credit card limit
Quick way to increase credit card limit:
1. Spend as much as possible with credit card: After you apply for a credit card, spend as much as possible The more frequently the card is used, the more loyal the credit card user is to the bank. But the frequency should not be too high.
2. Use up your credit card limit as much as possible: It is best to use up the limit given by the bank every month, and make irregular large purchases, and then be able to repay normally. For these cardholders, banks usually Defined as high-quality customers, after judging whether the cardholder has a larger demand for a larger amount, the limit will be increased as appropriate.
3. Never incur late payment fees: Once you fail to repay on time, you will not only have to pay a high late payment fee, but it will also be recorded in the bank's credit system and registered in the central bank's personal credit report. In the system, this will not only affect your credit card application, limit increase and consumption, but also affect your loan application.
4. Proper use of temporary limit adjustment: Generally, 1-3 months after the credit card is opened, the credit card will prompt you with a temporary limit. If you repay the temporary limit after consumption, the bank will If you think you do have a high desire to spend and the ability to repay, it will be easy to increase your permanent limit.
5. U.S. dollar limit increase: If it is a dual-currency card, first deposit 100 US dollars for yourself, and then call customer service to apply for an increase. The reason is to go abroad and apply for an increase in the U.S. dollar limit. At the same time, the RMB quota has also been increased accordingly.
U.S. dollars can be directly deposited into ICBC online banking on the Internet. Click on credit card, currency USD, select foreign exchange repayment, enter 100 USD, and you can return the money from the savings card to the dual currency card into U.S. dollars. , the more dollars you save, the greater your probability of success.
6. Increase the amount of online precious metal transactions: Go to the bank's online banking, open an account in the financial investment section, invest funds, conduct transactions in it, pay a small handling fee, make a few transactions and call me to apply. I want to operate precious metals, but I don’t have enough funds. Please give me a quota.
7. Provide proof of financial resources: Provide real estate, cars, etc. Don’t be stingy with all types of assets and show them to the bank. Let the bank see your strength and show that you have a certain spending power and repayment ability!
How can I increase my credit card limit?
1. Reduce debt: The credit card limit increase depends on the cardholder’s ability to repay, and the debt ratio is also one of the factors that affects the repayment ability. Once an individual’s debt ratio exceeds 50, the bank will consider it The risk for cardholders is very high, and it is basically impossible to increase the limit if it exceeds 70. It can be calculated according to the formula personal debt ratio = total debt/total income 100.
2. Overseas consumption: Overseas consumption banks will earn more handling fees, making it easier for banks to recognize the cardholder’s spending ability. However, overseas consumption usually requires reporting to the bank. After reporting, the bank may The limit will be increased immediately, and sometimes the limit will be increased during the process of swiping the card. For example, if the card is maxed out, the limit may be increased.
3. Increase capital: If possible, you can directly deposit more than RMB 50,000 in fixed deposits at the card-issuing bank, or buy some funds, financial products, insurance, etc. sold by banks to prove your financial ability to the bank. , with these assets as a guarantee, the bank will definitely feel more confident in increasing the limit of the credit card.
4. Bill installments: The handling fees contributed by bill installments are one of the sources of bank profits. It does not mean that the more installments, the better, but that you must master a degree, which can be divided into 1 to 2 times every six months. If the amount is more than 5,000 yuan, and the installment is divided into 6 installments, it is best to apply for it after receiving an invitation from the bank. The success rate of increasing the amount in installments is higher than manually increasing the amount by installments.
5. Curved limit increase: If you still cannot increase the credit limit through the above method, you might as well try a curved limit increase, that is, apply for a credit card at a bank that has credit cards. Usually, if the card can be approved, just download the card The credit limit is often higher than your existing credit card limit.
If a borrower applies for loans too frequently or performs loan operations too frequently, it will increase personal credit risk. You can check it at: Xiaoqixin and check the personal credit risk index. The higher the risk score, the more likely the application is to be rejected.
Extended information:
What are the ways to increase credit card limit?
Generally, the more common ways to increase your credit limit are as follows:
1. Swipe more cards and spend more. Whether it is online consumption or physical consumption, bank loans-Interest Rate Network, use credit cards as the preferred payment method within the scope of affordability. The more you use, the higher the limit will naturally be. Moreover, if you use ordinary credit cards enough times, the annual fee will be waived
2. Apply for installment payment. Nowadays, most credit cards support installment payment. It should be noted that repayment must be on time, otherwise overdue fees will be incurred and personal credit will be affected;
3. If you want to significantly increase the credit limit when applying, you need to be a cardholder Prepare various credit documents. Such as income certificate, house ownership certificate, mortgage purchase certificate, car ownership certificate, bank deposit certificate, etc. Don’t be too troublesome, after all, the more complete the materials, the more likely you are to successfully apply for a high credit limit.
4. Apply for more temporary quotas. Generally, banks will regularly send messages saying that there is a temporary quota that can be applied for. After increasing the temporary quota, appropriate consumption must be made to lay the foundation for later application for the quota.
How to increase your credit card limit
The methods to increase your credit card limit are: 1. Spend less and more. 2. Frequent consumption. 3. Diversification of consumption types. 4. Repay the loan on time. You can also directly call the bank's customer service hotline to apply for a credit card limit increase. The bank's customer service staff will submit the application after verifying the relevant information. The result will generally be available within 10 working days.
The following is a detailed introduction to credit card limit increase methods:
1. Use small amount and increase the amount. Credit cards that are frequently used for small amounts are more likely to have their balances increased, while credit cards that are frequently used for large amounts are more likely to have their limits reduced. In fact, this is easier to understand. Frequently swiping the card in small amounts is in line with the principles of daily card use. After all, most of the time, the limit when going to the supermarket, eating or other purchases is relatively small. For example, a meal usually costs more than 100 yuan, and a slightly more expensive meal is only about 300-500. It is definitely impossible to spend tens of thousands of yuan at a time.
Another example is going to the supermarket. Most of the time it only costs about 100 yuan to go to the supermarket. If you spend 10,000 yuan but 20,000 yuan at one time, something is obviously wrong.
2. Frequent consumption. The more purchases you make, the greater the demand for your credit card, and the faster your credit card limit will increase. Because the amount required is not large, but the consumption frequency is relatively high.
3. Diversified consumption types. When consuming, the types can be diversified, preferably covering all aspects of eating, drinking and having fun. After all, living expenses themselves are inseparable from these, and they are also relatively common expenses. This is the correct posture for using credit cards, which shows that there is more demand for credit cards.
4. Repay the loan on time. This is very important. You must remember to pay the bills you generate every month after consumption, and you must pay back the money spent on time within the agreed time. You must not let your credit card expire. Maintaining good credit card credit is also key to increasing your credit limit.
For a credit card limit increase, you can directly call the bank's customer service hotline to apply. The bank's customer service staff will submit the application after verifying the relevant information. The result will generally be available within 10 working days. If the bank refuses to increase the limit, it will also notify the applicant. After being rejected, you can continue to apply after 3 months. Note: New cards generally need to be used for more than 6 months before you can apply for a permanent limit increase.
How to apply to increase your credit card limit?
Increasing the credit card limit generally requires using the card for more than half a year, basically using up the existing limit every month, and repaying the loan in full and on time every time. In this case, some banks will automatically increase the limit. Industrial and Commercial Bank of China State-owned banks like these need to call themselves to apply for a limit increase.
The following methods can increase your credit card limit:
Use your credit card frequently for consumption. The number of credit card swipes must be many and frequent. Spend more, and the bank will increase the limit based on your consumption. .
For high consumption, try to use up your credit card limit every month, and the bank will increase your credit limit based on the actual situation of insufficient credit. If your card limit is 10,000 and you spend 300 per month, the bank will not feel the need to increase the limit.
Apply for a temporary quota. If you need to increase the quota due to short-term needs such as holidays, tourism, business trips, etc., you can apply for a temporary quota increase, which will be easier to approve.
Call to apply. If it doesn’t work once, call again and keep calling to apply for a quota increase. Sometimes different customer service applications will be handled differently.
If the customer service does not accept the limit increase, tell the customer service. If the limit cannot be increased, it is useless to keep it. If the limit is not increased, the card will be canceled. Sometimes it will work.
The timing of the credit limit increase is also important. It is most effective to apply on the billing day or when the card has just been maxed out. Especially if you have just incurred major expenditures, such as house renovations, car purchases, etc., the bank will consider making adjustments if they see that your recent consumption is really necessary.
How to increase credit card limit
Customers can adjust their credit card limit through the following channels:
1. Mobile banking customers can log in to mobile banking and go through "Credit Card - Card Go to the "Service - Limit Adjustment" menu;
2. Follow the official WeChat account of "China Construction Bank", bind your credit card and go through the "Credit Card - Billing/Repayment/Line Management" menu.
Note: The above channels all support temporary quota adjustment and permanent quota adjustment.
(In case of business changes, please refer to the actual situation.)
This is the introduction of how to apply for a credit card limit increase.