Hello, if you receive such a text message reminder, it is very likely that your card swiping behavior has triggered the bank's risk control system. In this case, it is best to standardize your card swiping recently and participate appropriately. The bank's various activities strive to lift bank risk control

The bank will usually reduce the limit or freeze the cash if it is suspected. After being frozen, if the cardholder wants to unfreeze, he needs to print out the recent period. Consumption details, submit the details to the bank for review to prove that the credit card has not been cashed out or stolen. If the bank approves, the credit card will be unfrozen.

1: Cashing out is an economic term, which refers to taking advantage of the subtle differences in prices of the same product or nearly identical products in different markets to make profits.

2: Illegal cash-out generally refers to the use of illegal or false means to obtain cash benefits in exchange. According to the Interpretation of Several Issues Concerning the Specific Application of Laws in Criminal Cases Impeding the Management of Credit Cards by the Supreme People's Court and the Supreme People's Procuratorate, cashing out refers to violating national regulations by using point-of-sale terminals (POS machines) and other methods to fabricate transactions and inflate prices. , cash returns and other methods to pay cash directly to credit card holders. In China UnionPay's "UnionPay Card Acquirer Merchant Risk Management Rules", the definition of cash-out behavior is: the merchant colludes with bad cardholders or other third parties, or the merchant itself uses virtual transactions to obtain cash.

Three: Cash out with empty cards

Cashing out with empty cards is actually a method of using credit cards to get cash. Here is a brief introduction to cashing out empty cards with credit cards.

Conventional credit card cash-out means that the cardholder swipes the full amount of the credit card limit on your credit card through many cash-out companies or other institutions, and then the party who swipes the card gives you cash immediately. Methods of cashing out require a handling fee ranging from 1.5-3%.

Empty card cash-out is to withdraw cash from your credit card when your credit card credit limit is used up. The amount withdrawn can be several times your credit limit. This kind of cash-out is relatively difficult to complete, and only a few banks' credit cards can cash out empty cards, and the handling fees are relatively high, with the highest reaching 25% and the lowest being around 15%. Usually the cash-out intermediary takes you to some merchants such as Suning Appliances or Gome to buy electrical appliances, and you pay by credit card in installments. Then the intermediary will give you cash and charge a handling fee. As for the purchased goods, the intermediary will return them to the mall through some means.