From the standards set by the bank, credit card loss reports, overdue credit cards, supplementary cards requested by the main card to stop payment, emergency payment cards in the current period, etc. are all types of credit card payment stop. In addition, the credit card's payment stop status will also be displayed in the central bank's credit report. So, under what circumstances will the credit card account be stopped?

Under what circumstances will the credit card account be stopped?

1. The cardholder actively applies for stop payment. Due to special personal circumstances such as loss or theft of the cardholder's credit card, the cardholder actively applies to the bank for a protected stop payment. Such stop payment will not affect the cardholder's credit status. After re-applying or finding a credit card, you can still apply to restore the stop-payment rights.

2 The bank’s unilateral stop payment action. Banks can monitor the card usage of cardholders in real time. Once illegal card use, overdue card use, false card application, fraudulent use or other potential risks are discovered, the bank has the right to stop payment on the credit card to protect the safety of funds.

In general, credit card payment stop can be operated independently by the bank or applied by the cardholder himself. The cardholder's request to stop payments on the main card and supplementary card is mainly to reduce the cardholder's losses. If a credit card is stopped by the bank, it is a preventive measure taken to strengthen credit card management and prevent risks such as loss and theft.