Credit card limit never rises? The top ten usage details that need attention

There are many details involved, and any negligence of any details will lead to your unsuccessful final increase. To increase the credit card limit, you must prove the following three points to the bank:

1. You have a certain spending power

2. You have the ability to repay in full on time

3. Can bring benefits to the bank

But what exactly should be done to fully prove the above three points? The editor summarizes the following nine details. If your card quota has not been raised, then there must be a problem with these nine details.

1. Not enough time to use the card

Each bank has a fixed period for withdrawing a fixed amount of credit card and a temporary amount. If your credit card usage time does not reach the specified amount of withdrawal cycle of the bank, it is impossible for you to withdraw the amount.

2. Overdue repayment records within the past six months

If your credit card has been overdue in the past six months, even if you use the time to meet the bank's withdrawal standard, it is difficult to mention it, because once the overdue repayment record appears, it will make the bank think that it is very risky to lend you .

3. Choose the wrong card type

When we apply for a credit card, it is also critical to choose the right card type. Although the application of some card types is easier to be approved, the limit of the card type itself is relatively dead.

Even if your card is used like this card, even if the repayment is timely, it is difficult to raise the limit, because the amount of space for the amount of increase is too small, such as many co-branded cards, this is actually what I said before There are certain discrepancies.

It mainly depends on your needs for credit cards. If you are only blindly pursuing the success rate of card processing, you can choose to apply for a co-branded card for short-term use.

But from a long-term perspective, if you want more room for increase, it is recommended to choose a standard credit card.

4. Credit card not used for a long time

If your credit card is not used for a long time after activation, this is equivalent to a waste of resources, which occupies the credit line of the bank in vain.

Although the card is used for you, there is no capital risk for the bank, but for the bank, you will not get any benefit from you, so don't expect the bank to increase the amount for you.

5. Monthly consumption quota is too small

If your current credit card credit limit is 10,000, and the monthly credit card consumption is only two or three thousand, that is, the amount of consumption is less than 30% of the total amount, such a situation can not be mentioned.

The reason is very simple, because the quotas given to you are not used up every month, and 70% of the quota is idle. For banks, they are more willing to grant more to users who spend more than 70% per month. The amount.

Sixth, the credit card has been in a state of being wiped out for a long time

After the bills are paid out every month, the money is returned immediately, and then all the money returned is immediately brushed out. Basically, it belongs to the state of large inflows and large outflows, without any real consumption intervening. Such a card is actually very dangerous, and will face the risk of derating or card closure at any time, let alone expect the bank to increase the amount.

Seven, often swiping code jumping machine

This situation is mainly aimed at some card users who normally spend their credit cards normally, but because they accidentally swiped the code-hopping machine when spending in some places, the bank mistakenly thought that you were in TX or suspected TX. Once we swipe the code machine too many times, it is very difficult to increase the amount.

8. Frequent cash withdrawal

It is possible to withdraw cash once or twice with a credit card, but when your cash withdrawals are too many and the actual consumption is too little, then the bank does not like it very much.

Because once there are too many cash withdrawals in a period of time, it will send a signal to the bank that you are short of money recently. The reason is that the bank will think that the handling fee and interest for cash withdrawal are so high. If you do not need money urgently, basically it is not Will consider cashing out.

Although cash withdrawals can earn a lot of interest and handling fees for banks, for users who are short of money, banks will not send charcoal in cash, so don't even think about raising the amount.

Nine, always pay the minimum repayment amount

If the credit card occasionally has a month of tight funds, you can choose to repay the minimum repayment amount, but it is best to repay the full amount owed after the next month ’s bill. In this case, the bank thinks that you have the ability to repay, just It is only advisable to temporarily encounter difficulties in capital turnover.

But if your credit card is the minimum repayment amount for several months, then the signal to the bank is that you do not have the ability to repay, then it is difficult to increase the amount.

10. The installment amount is too small or the installment number is too long

Instalment is actually a big knowledge, it also has a lot of attention, including how much is the appropriate amount of instalment, and how many specific instalments can make the bank not only make money from you, but also make the bank feel that you are strong, This is critical.

If you often repay the amounts of 2000 and 3000 in three or six installments, or you often repay the bills of 10,000 and 20,000 in 18 or 24 installments, these will give the bank a signal that you have little repayment ability.

What is the correct approach? That is, if the amount is less than 5000, try not to make installments, and if the amount is more than 5000, only make installments of 3 or 6 installments, and if the repayment can be settled in advance after one or two normal repayments, it is the best. .

This not only allows banks to earn installment fees, but also allows banks to avoid capital risks in advance. Raising the amount is a matter of reason.