What happens if I exceed my credit limit?

If you make a charge that puts you over your approved credit limit, your credit card may be declined. If you exceed your credit limit frequently, your lender may take actions including canceling the card, cutting rewards or lowering your limit. And you'll likely be doing great harm to your credit score.

What does negative available credit mean?

Negative available credit means that you have exceeded your credit limit, and your balance is higher than the assigned credit limit on your account. This can occur due to a variety of reasons, including outstanding charges, pending transactions, or payment delays.

What happens if my available credit turns negative?

However, when your available credit turns negative, it can raise concerns and confusion. Negative available credit means that you have exceeded your credit limit, and your balance is higher than the assigned credit limit on your account.