What happens if you cross the Credit Limit?

If you cross your credit limit, an interest of around 5 per cent is charged. You can Call your Bank ask for a temporary credit limit enhancement online.

Based on your previous payment history and Credit card usage, the Bank may or may not extend the credit limit.

• What is a Credit Card ?
• List of Banks offering Credit Card in India
• Are you Eligible for a Credit Card ?
• How to apply for a Credit Card ?
• What is Credit Limit ?
• What happens if you cross the Credit Limits?
• What is Revolving Credit ?
• Payment Options for Credit Cards
• Beware of Credit Card Scams
• How to use your credit Card Wisely.
• What is Bad Credit and How to avoid it ?