In this article, we study the incompressible Phan-Thien–Tanner (PTT) and Oldroyd-B systems in
. The interesting features of the Cauchy problem studied in this work are the well-posedness and large-time behavior of global solutions for the PTT and Oldroyd-B systems with or without a damping mechanism, and the relationship between these two systems in the critical Besov spaces. First, we study the well-posedness of global solutions with data having critical regularity in the case of small initial data by proving uniform estimates with respect to the parameters
and
. Second, we prove the optimal time decay rates of global solutions in
by exploiting harmonic analysis tools, such as non-standard
product estimates, various Sobolev embeddings, and interpolation inequalities. We only assume that the negative Besov norm at low frequencies of the initial data is bounded and remove the
(
) condition, which has been required in previous works on this problem. Finally, we investigate the convergence of global solutions to the PTT system when
tends to
. Moreover, the specific rate of convergence is obtained in some sense.