Increasing the credit limit of credit cards is the idea of many people. So many people increase the total credit limit by handling multiple credit cards. However, I don't agree with the way of handling nine credit cards to increase the credit limit, because it is counterproductive. The specific analysis is as follows:
I. Ways to Improve the Total Credit Limit of Credit Cards Generally speaking, there are two ways for cardholders to improve the total credit limit of credit cards: one is to improve the credit limit of a single credit card; The second is to run more credit cards, and increase the total number of credit cards through the accumulation of credit lines of multiple credit cards.
Second, the effective strategy to improve the credit card limit From the current way that banks consider the credit of credit card holders, the following strategies should be adopted to improve the credit card limit:
1. Start with one or two credit cards of large banks, concentrate on consumption, increase the amount and frequency of consumption, make banks feel that you are a person with consumption potential and credit, and give you a higher quota.
2. Use a card to handle the card. At present, some joint-stock banks simplify the credit consideration of customers applying for credit cards, and directly give credit cards with the same credit line or higher to customers who hold credit cards of large state-owned banks based on the audit results of credit lines granted to customers by large state-owned banks.
3. Increase the credit card limit one by one. In a period of time, we will concentrate on using the same credit card and win the favor of the issuing bank through high-frequency consumption and near-full consumption, thus obtaining a higher quota.
Third, get out of the misunderstanding of credit card cash withdrawal. At present, some cardholders who have difficulty in withdrawing cash will increase their total credit limit by handling credit cards from multiple banks. But the result of doing so will be counterproductive. Banks don't like to give cardholders "1 or more" (that is, to handle multiple credit cards). For such cardholders, it is even more difficult for banks to strictly control the audit and increase the quota.
Inscription: In addition to certain skills, the most important thing is the cardholder's debt ability.
The overdue rate of credit cards is high, and banks gradually tighten credit cards. Since 20 19, the overdue rate of credit cards has gradually increased. By the end of 19, the overdue amount of credit cards has almost exceeded 80 billion. Then, affected by the epidemic in 2020, the overdue credit card situation is even worse. In view of this situation, banks have tightened their credit card issuance policies. Especially during the epidemic, many cardholders' cards were reduced or even blocked, including some cardholders who used their cards for a long time and had a very good repayment record. Therefore, I think that in 2020, the policies of major banks on credit cards will enter the cold winter, unlike in previous years, when a large number of credit cards were issued, the credit was high, and even loans were issued through credit cards.
Credit card withdrawal skills In fact, there is no absolute secret about credit card withdrawal. Nothing more than two aspects: good consumer repayment records and some bad information. Of course, a few years ago, many people used these skills to teach cardholders how to raise the amount, or simply helped cardholders to do the actual operation to raise the amount, so they did not miss the "IQ tax" of many cardholders.
Although I think credit card withdrawal skills are always the two points I mentioned above. But after all, in this year's environment, it is very good that everyone can keep the credit card limit unchanged. Except for special cardholders, of course. As for how special it is, let me talk about it below.
Let's talk about this breeding technique first.
For credit cards, we must first understand that although credit cards have an interest-free period of more than 50 days. But it doesn't mean that banks don't make money through credit cards. Banks issue credit cards mainly to make money.
The way to make money is nothing more than sharing the consumption rate, that is, the cardholder will have a rate without spending a sum. For example, the current interest rate is usually 0.5%. If the cardholder spends 1 10,000 yuan, there will be a handling fee of 0.5%. And part of this fee will be distributed to the bank. As one of the banks' profit sources.
So we can draw a conclusion here that if you want the bank to give you an amount, you must first let the bank make money. The more you spend, the more he earns. The more he earns, the more spending he gives you. Giving you more quota means raising the quota.
Secondly, the ways for banks to make money are: installment fee, minimum repayment interest, late payment fee for overdue repayment, etc. In short, every bank knows that credit cards can bring them higher income than loans.
Of course, the problem is coming. In fact, the money earned by cardholders in bank consumption is the least. In principle, banks earn the most by installment and minimum repayment. But in terms of installment, the minimum repayment amount is the biggest obstacle to credit card withdrawal.
So, this is the next question of repayment. Of course, there are three ways of credit card repayment: full repayment, installment repayment and minimum repayment. The most profitable ones are definitely installment repayment and minimum repayment. After all, full repayment is interest-free, and banks make the least money.
But why do banks like to finance customers who often keep full repayment? This involves a problem of risk control. In fact, if the cardholder spends within the credit range of the credit card, no matter how much he spends, he can repay in full every time, which means that the higher the cardholder's solvency, the better his economic strength, which is simply money. For these customers, banks are the favorite, which will definitely increase the card amount of these cardholders and make them spend more.
For customers with installment and minimum repayment. In fact, solvency is problematic. Of course, the occasional installment does not affect the withdrawal of credit cards. However, long-term installment or long-term minimum loan repayment, and the card has been empty since it was returned, so the probability of withdrawal is extremely low, unless you have other good qualifications to testify, which I will mention below.
The information difference here may be known to many friends. In fact, many credit card intermediary friends like to study the bad information of credit card withdrawal. In other words, in fact, each bank's credit card uses different withdrawal characteristics, consumption patterns, repayment methods, withdrawal time periods and so on. And many cardholders who are good at research have the opportunity to master this information for the first time, so as to get the withdrawal of credit cards.
The most fundamental core point of credit card withdrawal
Although credit card withdrawal is skillful, don't forget a basic fact. Banks only issue credit cards to applicants who meet the requirements for card processing. For eligible cardholders, some friends around me have raised their credit cards a few days ago when the epidemic is so serious.
What is economic strength? The economic strength recognized by banks to cardholders is actually income and assets. In fact, we all know that we should keep the credit card fully repaid now, as long as you don't have a credit card loan. There are many ways to repay in full without installment. Therefore, from this perspective, it is already very difficult for banks to control risks, so banks have now come up with new countermeasures, that is, the so-called magic height is one foot, and the road is ten feet high.
To put it simply, in fact, there are no assets in the name now, and there is no social security provident fund to prove the work. It is actually very difficult to apply for a card, let alone raise the amount.
This is said on the basis of economic strength, which is particularly critical for increasing the quota. This is debt capacity. What is the debt capacity? It means that the cardholder's various income assets are added and subtracted to get his own debt, and the figure obtained is positive or negative. If it is positive, it means that you are still in debt. If you use some withdrawal techniques, then credit cards can definitely withdraw cash. If it is negative, then I'm sorry, your debt exceeds the value of your past comprehensive assets. Even if the cardholder's credit card is used well, the limit will definitely not rise in ten thousand years. Give the cardholder a temporary restriction to play at most.
If the cardholder has an overdue credit record, and this overdue record is due to a credit card. Then I can tell you that you can't expect to increase the amount of this credit card. Unless you suddenly increase your financial strength and have some contacts with card-issuing banks that can prove your financial strength, such as depositing a large sum of money, there is still a small chance that the quota can be increased. This is not a closed black room, because there is still a chance to alleviate the black room of credit cards. This is life imprisonment, and there is basically no room for redemption.
The second is whether the overdue record has crossed the line. For example, the credit report reflects serious overdue records, such as three tired six. Then you can't expect any more credit card withdrawals.
What should the subject do?
Judging from the main situation, there are 9 credit cards, and the current total credit line is unknown. Judging from the number of cards held, it is estimated that there will be dozens of credit card accounts involved, because many of them are dual-currency cards and multi-currency cards, which is easy to burden credit information. Then the probability of applying for a new card here is very low, unless the same application is made at the existing credit card issuing bank, but all cards issued by the same bank enjoy the highest credit line.
Secondly, debt, 9 cards, if the credit line of the subject is very high, it has exceeded the economic strength and debt ability of the subject. Then even the best skills are omnipotent. The quota will no longer be raised.
Therefore, the subject can combine my above content, first self-evaluate the possibility of withdrawing cash from credit cards, and then take some withdrawal skills to see if the credit card limit can be improved. But after all, there are special circumstances this year, and banks are already tightening their credit card policies. Therefore, I suggest that according to the current situation of the subject, it is best to downgrade and seal these cards first, and then consider raising the amount when the situation improves. You are caught in the trap of credit cards, and you are the great gods who are talking about the topic! I have nine credit cards. How to quickly increase the credit card limit? Yes, I think you have been engaged in the credit card business. It's best to pull back from the cliff and go back to shore.
More but not better.
Nine credit cards. I don't know if your nine cards are one from a bank or how long is a bank? My experience is that every bank has a card, which is quite reasonable. If there is more than one bank, you can enjoy the quota. In fact, your quota is not high, mainly because the issuing bank evaluates your comprehensive value, which is only worth so much money. The purpose is to tell you your current limit, first get into the habit of spending by credit card, then I will tell you, and then I will raise your limit. And you foolishly believe, start spending like crazy, hoping to increase the quota. In the second year, the phone wanted to increase the quota. After evaluation, they will tell you to increase the quota by 5000 or 10000, and you expect to double it. You will have a big psychological gap, but you find that you can't live without credit cards.
There is no shortcut, we can only rely on strength.
In fact, credit cards are also beard craftsmen, watching people eat food. Look at those card-issuing banks, give them to celebrities, beg them to apply for cards and give them unlimited money. And our grassroots diaosi and working class, the amount given is 1-50,000 yuan, and the maximum support amount is110,000 yuan. Buying a car is not enough. Because they don't think your spending power is enough to buy a car with a credit card and pay it back next month.
Final summary:
You said they looked down on you and didn't believe that you had the ability to spend a high amount that month and pay it back next month. Then you say you ask him for a high quota, will he give you a raise? The number of places is not sought, but earned by strength. Therefore, I suggest that you have the energy to improve your cognition, so that you can earn more money. By then, you may find that credit cards are no longer a necessity for you, and you can live a more moist life. I hope you will understand the essence of credit card as soon as possible, which is to drain you, not help you. My suggestion doesn't make sense to consider getting a credit card or raising the limit.
Two basic principles of credit card withdrawal.
1: It has the spending power recognized by the bank.
2. Have the repayment ability to reassure the bank.
Several skills of credit card withdrawal
1: credit cards are used more often at ordinary times, and the number of swipes is increased, and the single card is used more than 15 times.
2. Be sure not to overdue. Once overdue, there is basically no possibility of raising the quota.
3. Appropriate and reasonable staging
4. Time deposit: deposit funds into the savings card of the credit card holder. The larger the amount, the longer the deposit time, which is helpful for cash withdrawal.
5: Don't make the minimum repayment, it's better to make the full repayment every time.
6. In case of property appreciation during the use of the credit card, timely supplement the property appreciation certificate to the bank to prove your financial resources.
Credit card withdrawal skills
1: Credit cards should be diversified.
2. Cross-consumption in size and control the proportion of consumption.
3. The monthly credit card spending limit should not exceed 80% of the total amount, and be careful not to use up all the credit card limits.
4. Reasonable use of regular credit card machines, and the credit card amount matches the merchants.
5. Use more temporary quotas to prove your spending power.
6. High-end consumption means that you have economic strength.
First of all, you should have many credit cards, because under normal circumstances, we ordinary people should have 5 to 8 credit cards.
Because in general, it is not easy to apply for more than five credit cards. Sometimes the number of credit cards depends on your comprehensive credit. Now banks are very strict with personal loans. If your credit limit reaches a certain limit, then the bank will not give you a credit limit and will not issue a new card.
If you have nine credit cards, then if you make good use of them and avoid frequent cash consumption, I think it should be no problem to raise the limit to 500,000. The current credit card has a normal limit, which is basically around 50 thousand. But your credit information must be good, and you can't leave a negative record. If you leave a negative record, it will affect your future withdrawal.
Usually, you have to go to shopping malls, supermarkets, restaurants and entertainment services for diversified consumption. Let the bank feel that you are a person with spending power, which will also help you increase your quota.
Another is to participate in bank installment activities, because bank credit card installment is profitable. So if the bank calls you on its own initiative and invites you to do staging, then you can participate appropriately. But personal advice should not be too long. It is most cost-effective to choose the 3rd and 6th issues. Because credit cards are phased, the handling fee is actually quite high, which should be noted.
If you want to increase the quota, you must first know what the bank thinks. When a bank sends you a credit card, it will look at two core issues:
One is that banks can make money, and the other is that the bank's principal is safe. Let's talk separately:
1. Banks can make money.
There are many costs in issuing credit cards. Cardholders choose to pay by credit card in their daily consumption, and UnionPay will deduct the merchant's handling fee, most of which will be given to banks. The more they use, the more they earn. Therefore, banks prefer cardholders who spend more money and can bring more profits to themselves. I suggest that you bind your credit card with WeChat and Alipay, and you can pay by credit card wherever you encounter payment.
The headmaster is safe.
A credit card is equivalent to a credit loan, which is paid back after consumption. When we consume, we can repay in full before the stipulated repayment date, so that we can enjoy the interest-free period given by the bank and let the bank not worry about its principal.
3. You have 9 credit cards, and you want to withdraw the amount, which means that your overall amount is not high. It is unrealistic to ensure that each card has a large amount of consumption every month. Therefore, it is recommended to concentrate on using a few cards, which is more active. At the same time, every bank's credit card has a corresponding app, so you must download it and check it in the app several times a month. The amount given by the bank will generally be shown here. If you don't offer it to you, the amount will be recovered.
There is a lot of knowledge about the use of credit cards. Pay more attention to the collection at ordinary times, or communicate privately.
Bank card withdrawal still needs some skills and precautions. There are many ways to withdraw the amount, but the following methods are the fastest and most effective:
1. Spending on diversified merchants and high-rate POS machines will help to increase the quota, such as entertainment, catering and other industries. Normal consumption procedures are formulated by merchants. Try to avoid trading in businesses without consumption points.
2. Spend as much as possible on credit cards, such as the amount and transaction volume. Spend at least 30% of the credit card limit within half a year, and spend as many times as possible, with an average of at least 10 per month. If it is more than 20 transactions, it will be easier to withdraw cash.
3. Use credit cards for shopping, whether online or offline, and handle credit card installment, credit card cash withdrawal and other businesses with handling fees to make banks profitable, so that they are more willing to increase your credit card limit.
4. Choose a suitable time to apply for cash withdrawal by credit card. Most banks have requirements on the time of the first withdrawal and the time interval between two withdrawals. For example, it takes six months to apply for the first withdrawal after opening the card, and the time interval between two withdrawals is three months.
5. Malicious overdraft and illegal cash withdrawal are illegal operations. If they are monitored by the bank, they will face risks such as reducing the quota, stopping payment and freezing.
Hello, I'm awei.
Next, I will answer your question.
First of all, it must be clear that it is not a one-off event for credit cards to increase their quota. Just like we borrow money. How can we lend it to you if the other party doesn't know you at all? So first of all, we should fully show ourselves to the bank. Including assets, credit and other information.
Credit card withdrawal, because the landlord has more cards. Therefore, it is necessary to reasonably plan which cards should be the main support and which cards can be the auxiliary support. Which cards are easy to maintain, which cards are not easy to maintain, the bank's reconciliation cycle, and the rarity of the bank. Some banks don't like multi-head credit, and may need to reduce the number of accounts appropriately.
In addition, there is the problem of real transactions. If the landlord uses equipment to raise the card, it must conform to the bank's risk control. On June 8, the new regulations of the central bank require a terminal to be 5 yards, which is the authenticity of the business. Then the bank was fined for this problem. So this year we will crack down on this problem.
That's my answer. I hope I can help you!
Often used, unnecessary, the bank will not adjust the amount.
First, frequent use, occasional installment, timely repayment!
The second is to choose the regular POS card of UnionPay!
Third, take the initiative to participate in some activities of bank credit cards and actively cooperate with the bank's questionnaire survey and other businesses.