What does the credit line of Industrial Bank mean?

Usually, when banks apply for credit products such as loans or credit cards, they will grant applicants a certain credit line. Within this credit line, the applicant can spend directly, but after spending, the funds used need to be repaid. So what does the credit line of Industrial Bank mean? Explain it in detail below.

What does the credit line of Industrial Bank mean?

The credit line of Industrial Bank refers to an overdraft consumption line approved by Industrial Bank when users apply for loans or credit cards at Industrial Bank. Within the credit limit, the applicant can spend. Only different credit products have different credit lines, and different credit lines will be given according to the credit status of different applicants. It should be noted that after using the bank's credit line, it is necessary to complete the repayment within the specified time, otherwise it will be regarded as overdue and have a negative impact on personal credit information.

Taking the Industrial Bank credit card as an example, the credit line of Puka credit card is within 6,543,800 yuan; The credit line of Golden Card Credit Card is between 6,543,800+0,000-50,000 yuan; The credit limit of platinum card is more than 50,000 yuan. In addition, for the handling of credit cards, Industrial Bank enjoys credit lines of multiple credit cards.

Do you enjoy the credit card limit of Industrial Bank?

The limit of Industrial Credit Card is * * *, and two or more Industrial Credit Cards and their accounts under the same name can enjoy the maximum limit. Cardholders should be careful not to spend beyond the limit when overdrawing, otherwise it will lead to spending beyond the limit and even affect personal credit.

The above is the introduction of the credit line of Industrial Bank, hoping to be helpful.