Increasing the credit limit of your credit card in China

December 20th, 2005 by ktula

This is a true story. One of the IBMers i am working with told me what happened to his co-worker when he tried to increase the credit limit on his credit card. Because he was planning to travel to the US, he wanted to increase his credit limit from RMB 20,000 (USD $2,500) to RMB 40,000. So he called his credit card company to make his request. One week later, he received a Visa card issued by the same bank with a credit limit of RMB 10,000. A few days later, he received a MasterCard with the same credit limit. Within the next two weeks, he received two more credit cards from the same bank, each one with credit limit of RMB 10,000. So in total, he had received 4 credit cards with total credit limit of RMB 40,000!

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