What Is a Credit Card Limit? 2 Simple Ways to Increase It

Credit card

21/04/2025

What Is a Credit Card Limit? A Detailed Guide to the 2 Simplest and Fastest Ways to Raise It for Current VPBank Cardholders

Credit cards are becoming increasingly popular and familiar in modern life, helping you spend without carrying cash. However, a common question among users is: “What exactly is a credit card limit, and how can I change it?” To help, VPBank will clearly and thoroughly explain these topics below!

1. What Is a Credit Card Limit?

A credit card limit is the maximum amount that a bank or financial institution allows a cardholder to spend using the card. Each issuing bank sets a maximum limit for each card type. Even within the same card type, limits may vary between customers.

The special feature of a credit card limit is its flexibility—you can use all or part of it, and once you make a payment, the limit is restored for further use.

Each card will have a different limit

In some cases, banks may allow transactions exceeding the preset limit—but such over-limit transactions usually incur additional fees. Therefore, besides knowing your limit, you need to check for over-limit fees to avoid unwanted charges.

Limits are determined based on your credit history, income, collateral, and more. A basic credit card often has a limit under VND 10,000,000, while premium "black" cards may allow spending up to billions of VND.

2. Types of Credit Card Limits

Total Credit Limit: The maximum you can spend in a month across all channels—card purchases, cash advances, etc.
Available Credit: What remains unused—calculated as total limit minus spending and fees. For example, with a VND 60 million limit and VND 20 million spent, you have VND 40 million available, which returns to VND 60 million after repayment.
Daily Transaction Limit: The maximum allowed per day—often the total limit divided by 30.
Card Payment Limit: Maximum monthly amount for purchases only (excluding cash advances). For many cards, it equals the total limit; some may impose separate limits.
Cash Advance Limit: Maximum you can withdraw at ATMs or branches per day or month—withdrawals usually incur fees.
Cashback Limit: Minimum monthly spending required to earn cashback rewards as per card terms.
Supplementary Card Limit: Shared from the main card’s limit. The primary cardholder can set spending caps for supplementary cards, but total usage across both cannot exceed the main limit.

3. How to Determine Your Credit LimitCredit is essentially a type of loan—you borrow now, repay later. The more trustworthy you are, the higher your limit. Banks evaluate:

Income: Verified via payslips, employment contracts, or tax records. Higher, stable income → higher credit limits.
Credit History: Not just the absence of bad debt, but also positive factors like number of active cards, timely payments, length of credit history, etc. A strong credit score supports higher limits.
Employment Stability: A stable job—especially at reputable companies or with long tenure—demonstrates repayment ability.
Industry: Certain occupations may be favored based on bank policy.

After reviewing these factors, the bank will assign an appropriate card type and credit limit tailored to your creditworthiness.

Spend with VPBank credit card with attractive limit

4. How to Check Your VPBank Credit Limit

Monitoring your credit limit is important for financial management. VPBank offers these convenient methods:

Welcome package: Your new card’s limit is specified in the approval letter and accompanying materials.
ATM: Insert your card and select account information.
Branch: Present your ID and card to check in person.
Customer Service Hotline: Call for updated details after identity verification.
Internet/Mobile Banking: Log in to view total and available limits.
Monthly Statement: Contains a breakdown of total limit, current balance, and remaining available credit.

5. Can You Change Your Credit Limit?

Yes.

Banks can increase or decrease your credit limit over time based on your financial behavior and credit score. Some increases are automatic; others require your request.

5.1 Automatic Increases

Many banks, including VPBank, periodically evaluate user accounts (e.g., every six months or annually) and may automatically raise limits for responsible users. You’ll be notified and may decline if you don’t agree.

5.2 Proactive Requests

If your limit hasn’t increased automatically but you want to raise it, you can submit a request via:

Customer hotline
Internet/Mobile Banking
Or by visiting a branch

You typically need to have held the card for at least 6–12 months and provide supporting documents:

Limit increase request form
Latest payslips
Current employment contract
Proof of increased income (if applicable)

6. How to Increase Your VPBank Credit Limit

VPBank credit limits range from VND 10 million to VND 2 billion or more, and they are adjustable.

6.1 Eligibility Requirements

Your request is evaluated based on:

Higher Income: Show proof of increased earnings or assets (e.g., savings, insurance, real estate).
Strong Credit History: On-time payments, responsible use, minimal cash advances.
High Credit Score: Good credit behavior over time.

High credit score and good credit history are necessary conditions to increase the card limit.

6.2 Application Methods

Automatic Limit Increase
VPBank reviews your card usage every 3 months. If you use your card regularly, maintain a good repayment record, and avoid missed payments, the bank may automatically raise your limit and notify you.

Proactive Request Options

At a Branch
- Visit your nearest VPBank branch
- Complete the limit increase form and submit proof of income (or collateral)
- Optionally deposit a security fund if you're using a secured card
- Submit documents and await review
VPBank Online (Internet/Mobile Banking)
1. Log into your account
2. Go to: Utilities > Spending Limit
3. Select Increase Card Limit
4. Fill in required information and submit
5. Confirm and enter the OTP sent to your registered phone
6. Await confirmation from the bank

Increase/decrease VPBank card limit with simple procedure

7. Tips for a 100% Successful Credit Limit Increase

Use your card regularly: Banks typically require 6–12 months of card usage to assess your borrowing habits.
Prove your income: Provide strong documentation to support your earning capacity.
Build trust: Maintain full, on-time repayments and responsible usage.

You’ve now learned everything about credit limits and how to increase them quickly and simply. If you want to apply for a high-limit VPBank credit card with various perks, visit [VPBank official site] or call 1900 54 54 15 for details.