The sudden drop in the credit card of China Guangfa Bank may be due to the following reasons:
Poor card use:For example, overdue credit card payments, frequent cash-outs, low credit card usage rates, etc.
Adjustment of bank risk control policy:In order to reduce the risk, the bank may adjust the credit card limit.
System Error:It is possible that the derating is due to a system error.
If you notice a sudden drop in your credit card from Guangfa Bank, you can take the following steps to remedy it:
1.Contact China Guangfa Bank customer service:You can call the customer service of China Guangfa Bank** to ask the reason for the reduction and put forward your demands.
Improving card usage:If it's a reduction due to poor card usage, you can try to improve your card usage, for example, make payments on time, swipe more cards, increase credit card usage, etc.
Submissions:If you believe that the derating is due to a system error, you can provide relevant information to China Guangfa Bank to prove that you are in good condition with your card.
Here are some suggestions that can help you increase your credit card limit at China Guangfa Bank:
Here are some suggestions that can help you increase your credit card limit at China Guangfa Bank:
Make repayments on time:Making your payments on time is key to maintaining a good credit history.
Swipe more:Swiping more can increase your credit card usage, which can increase your chances of getting a credit increase.
Maintain a good spending record:Try to avoid making large purchases at the same merchant and don't cash out frequently.
Apply for a Temporary Quota:If you have a temporary funding need, you can apply for a temporary quota.
Handling other Guangfa Bank products:Applying for other CGB products, such as savings cards and wealth management products, can improve your overall score at CGB, thereby increasing your chances of getting a quota increase.
It should be noted that it will take a certain amount of time for the credit card of China Guangfa Bank to be raised, please be patient.