1, the usage frequency is too low.
Some netizens said that they received a text message from Huaxia Bank, saying that their frequency of using Huaxia credit cards decreased. In order to use the card safely, the credit limit is adjusted from 50,000 to 1 10,000.
2. Abnormal credit card account
Especially when it is stolen abroad, the bank is slow to handle it, so if you think you won't use so much credit, you can downgrade your credit card first to prevent greater theft losses.
3. Illegal cashing such as online cashing.
Using Taobao website, transactions are frequent, the amount is large, the transactions are all virtual goods and are all fixed businesses and so on. The issuing bank will think that there is a suspicion of cashing in the credit card, include the credit card in suspicious transactions, reduce the amount or even stop the card. Banks are not afraid of online consumption, but they are very sensitive to cash-out behavior.
Not only online payment, but also all withdrawal suspects are most likely to be reduced, so don't be addicted.
4. The credit card has expired.
If you occasionally forget to return the credit card for a day or two, the bank can actually understand you, but if it takes too long, don't blame the bank.
If the overdue days are more than 60 days or even maliciously overdue, the relief is polite, generally it is card suspension+blacklist+black letter+dunning.
5. Unexplained doubts
The bank must have a reason, but it is not convenient to say. Reduce customers suspected of cashing out, customers who may be suspected of illegal transactions in automobile sales, insurance companies, real estate companies, building materials markets, etc. There are no points for continuously swiping a large card on a POS machine, and the bank is too lazy to collect evidence, so it will go away.
6. Credit cards are not used for a long time
The bank has regulations that credit cards may be reduced if they are not used for a long time.
The above is what I introduced to you about "Why was Huaxia Bank's credit card downgraded?" I hope this article I compiled is useful to you.
Disclaimer: The operation suggestions in this paper only represent the views of third parties and have nothing to do with this platform. Investment is risky, so be cautious when entering the market. Deal with it accordingly at your own risk.