Will the credit card reduction continue to decrease? What are the precursors of China Merchants Bank's credit card fee reduction?

For several months every year, banks will reduce the credit cards in the hands of cardholders on a large scale. For many cardholders, the usual credit card limit may not be enough at all, and the reduction is even less. Will the credit card reduction continue to decrease? What are the precursors of China Merchants Bank's credit card fee reduction?

Will the credit card reduction continue to decrease?

It's quite possible. There are many reasons for the cardholder's credit card interest rate to be reduced, but basically they can't get around the "bank risk control". If the cardholder has some irregularities when using the credit card, which triggers the risk control of the bank, then the credit card limit is likely to drop again.

For example, when using credit cards, cardholders have many large and integer consumption records. After the banking system monitors it, it will suspect that the cardholder is cashing in with a credit card. In order to ensure the safety of funds, the bank will control the risk of the cardholder's credit card, and it is possible to reduce the amount or seal the card.

If the cardholder chooses to repay the minimum repayment amount continuously and repeatedly during the repayment process, the bank will also suspect that the cardholder cannot afford the current credit card limit. Finally, banks may also reduce the credit card limit of cardholders.

What are the precursors of credit card downgrade?

1. The bank sends an early warning SMS notification; 2. Cardholders cannot pay credit card bills in installments; 3. When the cardholder uses the credit card, the transaction amount is limited; 4. Temporary lines suddenly disappear or cannot be used. If the risk control is to be released, the cardholder must develop a good habit of using the card and repayment.

The above is "Will the credit card downgrade continue to decline?" I hope it will help everyone!