Illegal. According to Article 196 of the Criminal Law, the crime of credit card fraud refers to the act of using credit cards to defraud a large amount of property for the purpose of illegal possession, in violation of credit card management regulations. China Banking and Insurance Regulatory Commission stipulates that credit card business shall not be outsourced. When applying for a credit card, the customer must sign it himself. It is illegal to be a credit card agent in Hong Kong.