what is a credit card stop payment? What happened when the payment was stopped?

There are more and more applications for credit cards, but there are still various problems in the process of using them. For example, many friends have received the information of bank credit card payment suspension, which makes people confused. What is the matter of credit card payment suspension? Take you to understand.

what is credit card stop payment?

Credit card payment suspension is a precautionary measure taken by banks to strengthen management, ensure safety and prevent losses and adverse effects caused by fraudulent use of fake and lost cards.

at the same time, it is also an important link to stop paying the main card or supplementary card at the request of the cardholder, so as to reduce the losses and risks of the cardholder. Therefore, the credit card payment can be stopped by your own application, or it can be spontaneous by the bank.

what's the matter with the credit card stop payment?

credit stop payment can be divided into two situations, one is that you apply for stop payment yourself, and the other is that the bank stops payment:

1. The cardholder applies for stop payment: if your credit card is lost and stolen. Personal special circumstances, etc., take the initiative to apply to the bank for protection to stop payment.

in this case, stopping payment is actually no different from our usual report of loss, so that your account can't get in or out and your funds can be protected. Stopping payment in this case will not affect your credit status.

2. Stop payment by the bank: The bank will seize your card usage in real time. Once it finds abnormal or illegal behavior, it may be overdue repayment, false card application, stolen card or other potential risks, and the bank has the right to stop payment for the card.

in this case, the bank thinks that your card does not meet the requirements, and will also stop paying for your card out of financial security and risk prevention.

About "What is credit card stop payment? What happened when the payment was stopped? " That's all for you. I hope you can understand it after reading it. I suggest that you always pay back on time when you use your card, otherwise it will be in big trouble to affect your credit information.

what is the reason for the suspension of payment of BOC's credit card?

Bank of China's credit card payment may be stopped for the following reasons:

1. The card-issuing branch will stop payment after comprehensive evaluation according to the card usage.

2. The credit card is overdue.

3. When the Bank verified the transaction with the cardholder by telephone, the cardholder indicated that the transaction was a non-personal transaction/refused to cooperate with verification/contact information was invalid/non-personal card was used.

4. The cardholder actively calls our bank to indicate that the card has not been lost, but there is a non-personal transaction.

Tips: If your credit card is stopped, you can call the credit card customer service hotline 46695566 for further verification.

the above contents are for your reference. please refer to the actual business regulations.

What is the reason for the bank card to stop paying

1. If the bank card stops paying, it means that the cardholder's credit card is caused by bad behaviors such as overdue and cashing. If there are security risks such as stolen credit cards, it will also cause emergency payment of bank cards to ensure the security of cardholders' funds. In addition, if the credit card is stolen or there are other security risks, such as abnormal large consumption abroad or in other places, the issuing bank will also stop the credit card urgently to protect the cardholder's funds. If the bank card is suddenly stopped, please consult the bank staff or customer service in time. If the card is used normally, the bank will cancel the payment of the bank card.

2. If the bank card can't be used normally after the payment is stopped, the cardholder had better apply to the issuing bank to cancel the payment stop in time. If the payment is stopped due to bad card use behavior such as overdue and cash withdrawal, the cardholder shall provide corresponding certification materials to prove that it is a normal card use behavior. If the payment is stopped due to fraud risk or other security risks, the cardholder can call the customer service hotline of the issuing bank to apply for lifting the payment stop after eliminating the potential risks. For example, the payment is stopped due to overdue overdraft: the cardholder can apply to the issuing bank to cancel the payment stop after repaying the overdue overdraft principal and interest in time. If the payment is stopped due to suspected cash withdrawal: the cardholder must provide compliant credit card credentials before applying for cancellation of payment suspension (such as credit card receipt, merchant's invoice or delivery bill, etc.). Therefore, if you want to cancel the payment stop, you must first know the reason.

3. Credit card payment suspension is a precautionary measure taken by banks to strengthen management, ensure safety and prevent losses and adverse effects caused by fraudulent use of fake and lost cards. At the same time, it is also an important link to stop the payment of the main card or the supplementary card at the request of the cardholder, so as to reduce the losses and risks of the cardholder. Scope of credit card payment suspension: credit card payment suspension is generally divided into cardholder's initiative to stop payment, card-issuing bank's initiative to stop payment, head office's initiative to stop payment and cardholder's initiative to cancel.

3. Type of stop payment

① Loss reporting card;

② The main card requires to stop paying the subsidiary card, and the company requires to stop paying the company card;

③ credit cards that exceed the limit and fail to repay within the time limit;

④ emergency stop payment card in this period.

why is the credit card not overdue but stopped? There are several reasons

As we all know, credit cards can't be swiped or cashed when they are stopped, and many people's credit cards have been stopped before they are overdue, so it is very strange. In fact, credit card payment is not only for overdue, let's take a look at what other circumstances will lead to credit card payment suspension.

why is the credit card not overdue but stopped?

credit card payment stopping is a measure taken by the bank to strengthen management, ensure the safety of using the card and prevent the risk of borrowing. The cardholder can apply for payment stopping voluntarily, or the bank can stop the payment of suspicious credit cards. Usually, it is easy for the bank to stop the payment under the following circumstances.

1. Serious overdue: the cardholder's credit card is habitually overdue and does not repay after use, which will make the bank feel that it does not meet the requirements of sharing the card. In order to avoid further increase in the bad debt rate, it will take measures to stop payment of the credit card, so that the cardholder can no longer use the credit card for transactions, but the account has not been cancelled.

2. Illegal card use: According to the credit card contract, the credit card can only be used for daily consumption, and it is forbidden to withdraw cash through the virtual transaction of the credit card. Once it is detected by the bank's risk control, the payment of the credit card will be stopped, because it violates the interests of the bank and belongs to the improper card use behavior.

3. Abnormal transactions: credit cards have risky transactions, which are mainly manifested in sudden overseas transactions, inconsistent trading places twice on the same day, or too large transaction amount. The bank's risk control system conducts risk investigation in combination with the usual card use behavior, and the credit card will be stopped if there are potential risks.

4. Forged credit cards: Many criminals illegally create blank credit card transactions by imitating the texture, pattern and plate of credit cards. When they are recognized by POS machines, they will stop paying, and they will also be investigated for criminal responsibility for constituting a credit card crime.

in short, there are many reasons why credit cards are stopped, not just overdue. If the credit card is stopped, you can check the reasons according to the above situations.

This is the end of the introduction about why the payment of credit cards is stopped and when the loan is stopped. Did you find the information you need?