How to freeze your credit card so that you can only pay off but not spend?
To freeze your credit card so that you can only pay back but not spend, you can call the credit card center to ask for temporary control, so that you can't swipe the card. Spend or withdraw cash, but you can pay back to your credit card.
1. The meaning of temporary control of credit cards
Temporary control of credit cards means that the cardholder cannot temporarily find the card, but cannot be sure whether the card is lost or reports the loss by someone other than himself. The practice of controlling cards.
2. Notes
Cardholders need to be reminded that CCB’s temporary account control has no time limit, while Bank of Communications and CITIC Bank have a time limit. If the cardholder fails to remove the control within the specified time, the card will enter the official loss reporting status and a handling fee will be charged. However, even if cardholders apply for temporary control of credit cards, they still have to bear certain risks. Banks only promise to lock out cash withdrawals at domestic shopping malls and counters for temporarily controlled credit cards; however, any losses that may arise from online transactions, telephone transactions, and overseas transactions are still borne by the cardholders themselves.
3. There are many banks that can implement temporary control on credit cards
For example, China Construction Bank, Bank of Communications, CITIC, etc. If the cardholder finds the card within this time, the temporary control on credit cards can be cancelled. Now, the credit card can be used normally again. However, there are still some banks that cannot use this service, such as China Merchants Bank, Shanghai Pudong Development Bank, etc. If it is a credit card from these banks, the cardholder needs to go through the formal loss report process. Speaking of this, many card friends want to ask about the temporary control of credit cards. Is there a fee? The editor's answer is that there is no charge for temporary credit card control, it is completely free. Cardholders are welcome to use this service to protect their credit cards.
Warm reminder: CCB’s temporary control of credit cards has no time limit, while Bank of Communications and CITIC have time limits. If the cardholder does not cancel the card within the time specified by the bank, the credit card will automatically enter There is a formal loss reporting process and there is a handling fee.
Even if cardholders apply for temporary control of credit cards, they still have to bear some risks, because currently banks can only lock domestic shopping malls and over-the-counter transactions, but cannot handle overseas, online, and telephone transactions. Locked, these transactions are at the cardholder's risk.
What should I do if my CCB credit card is frozen? This is the right thing to do!
Having your credit card frozen is something that every cardholder does not want to happen. After all, a frozen credit card cannot be used by swiping or withdrawing cash. It must be unfrozen. However, each bank has different handling methods after a credit card is frozen. Here we will take China Construction Bank as an example.
Many cardholders don’t know why CCB’s credit cards are frozen. In fact, there are only two reasons. One is due to the credit card being overdue, and the other is due to risk control due to illegal use of the card. It is easier to deal with the freezing of credit cards caused by the first reason. In the next month, you have to produce consumption vouchers to prove that you are using the card normally, and many people are unable to provide relevant receipts, which is more troublesome.
Here, we will introduce what to do if your CCB credit card is frozen due to overdue payment.
There is a time period for the overdue credit card of CCB to be frozen. Generally, it will not be frozen if it is overdue for more than 3 days. However, the bank system will automatically control the limit of the cardholder's credit card. For the time being, it can only Use 50% of the credit limit; if it is overdue for more than 60 days, you cannot use the card; if it is overdue for more than 90 days, the bank will forcefully suspend the card and freeze all accounts in the cardholder's name.
If you want to unfreeze a frozen CCB credit card, you must repay within 90 days of overdue payment. It is best if you can repay in full. If you cannot repay in full, as long as you pay the minimum repayment amount, the system will Unfreeze the credit card and restore the entire credit limit; if it is overdue for more than 90 days, you must pay off the balance in full and then submit an unfreeze application to the bank. China Construction Bank will handle it based on the actual situation of the cardholder and may give you Thawed, and probably won't thaw.
In short, if the CCB credit card is frozen, it will be troublesome to deal with it, so everyone must prevent this situation from happening at the root, repay the loan on time every month, and do not use the card illegally, and maintain good credit. The habit of using credit cards can not only develop a good credit record, but can also add points to your credit limit.
Why is China Construction Bank's card frozen?
1. If the credit card is frozen, it may be that the credit card has had abnormal transactions, such as malicious cash-out, forged information, continuous incorrect passwords, etc. .
2. For bank cards that can be overdrafted, the bank will set an overdraft share based on the actual repayment ability. When the overdraft exceeds the share, the bank will immediately freeze the card.
3. If the debit card mistakenly transfers more money to the depositor's account during bank transactions, the bank may freeze the excess.
4. It is normal for the debit card to be frozen due to the need to handle a case. This is also one of the reasons why the debit card is frozen.
In general, the above is the reason why China Construction Bank Card was frozen. In addition, if China Construction Bank card holders have problems entering their passwords, they will have to enter the password after three unsuccessful attempts. The bank system will automatically lock the bank card password and will automatically unlock it after 24 hours. If the bank card expires and you do not apply for a new card, the bank will freeze the cardholder's expired bank card after expiration. Cardholders need to pay attention to these situations where bank cards are frozen.
Generally, bank cards are divided into credit cards and debit cards according to whether they grant the cardholder a credit limit. In addition, bank cards can also
be divided into magnetic stripe cards and chip cards according to different information carriers;
are divided into domestic cards and overseas cards according to whether the issuer is in the country;
It is divided into personal card and corporate card according to the issuing objects;
It is divided into RMB card, card and dual-currency card according to the account currency.
Debit card
Debit cards are divided into debit cards, special cards and stored-value cards according to different functions. Debit cards cannot be overdrawn. Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money. A special card is a debit card used in a specific area and for special purposes (referring to purposes other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash. A stored-value card is a prepaid wallet-style debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.
Debit card [debitcard] can be used for consumption online or at POS, or for transfer and withdrawal through ATM. Overdraft is not allowed, and interest is calculated on the amount in the card based on current deposits. Funds are withdrawn directly from the savings account when spending or withdrawing money. Debit cards generally require a password (PIN) when used. Debit cards can be divided into ordinary cards, gold cards and platinum cards according to their levels; they can be divided into domestic cards and international cards according to their scope of use.
Credit cards
Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund as required by the bank. When the reserve fund is insufficient to pay, the cardholder can overdraw within the credit limit specified by the card-issuing bank.
Credit Card
Creditcard, often called a credit card, means that the card-issuing bank gives the cardholder a certain credit limit. The cardholder can use the credit card within the credit limit. A credit card that spends first and pays back later. It has the following features: consume first and repay later, enjoys an interest-free payment period (up to 56 days), and has a minimum repayment amount. Customers can repay in installments if they have overdrafts. Customers need to pay a certain amount of annual fees to the bank they apply for, which differs from bank to bank.
Quasi-credit card
A quasi-credit card is a single-currency, single-account credit card that bears interest on deposits and settles card purchases in RMB. It has the functions of transfer settlement, cash deposits and withdrawals, Credit consumption, online banking transactions and other functions. When the balance of the account is insufficient for payment by swiping the card for consumption or cash withdrawal, the cardholder can overdraft consumption or cash withdrawal within the prescribed limited credit limit, and a certain amount of interest will be charged. There is no interest-free repayment period.
Quasi credit card is a type of credit card with Chinese characteristics. There is no such type of credit card abroad.
In the late 1980s, China’s banking industry introduced credit card products from abroad. Because China's personal credit system was not very complete at that time, the Chinese banking industry made certain changes to foreign credit card products. The traditional foreign credit card credit card deposits had no interest and overdrafts had an interest-free period. Instead, deposits had interest and overdrafts were not interest-free.
A quasi-credit card has some functions of both a credit card and a debit card. It generally requires a deposit or a guarantor. When using it, you deposit first and then consume, and interest is calculated on the deposit. Cardholders can make small overdrafts within the limit approved by the card issuer when making purchases, but interest will be calculated on the overdraft amount from the date of overdraft, and the balance must be paid off in one go. There is no interest-free repayment period and minimum repayment amount. The basic functions are transfer settlement and shopping consumption.
Taken together, the main characteristics of quasi-credit cards are:
(1) Applying for a quasi-credit card generally requires paying a deposit or providing a guarantor;
(2) Interest is calculated on deposits in the quasi-credit card;
(3) The quasi-credit card can be overdrafted, but there is no interest-free repayment period for overdrafts, and interest can be calculated from the day of the overdraft. And must be paid off in one lump sum with no minimum payment.
As a transitional product in the development process of China's credit card industry, quasi-credit cards are gradually withdrawing from the stage of history. In our real life, the usage and significance of quasi-credit cards are gradually decreasing.
How to freeze a China Construction Bank card?
You can go to the counter of China Construction Bank or call China Construction Bank’s service hotline 95533 to report the loss verbally, so that your account will be frozen.
1. If the China Construction Bank card is frozen due to expiration, the user can apply for a new card; if the credit card is frozen due to abnormal transactions, if the situation is not serious, the user can unfreeze it by providing the corresponding consumption invoice; If it is frozen due to forgetting the password, you can wait 24 hours to unfreeze it naturally or bring your bank card and ID card to a bank branch to unfreeze it.
Bank cards refer to credit payment instruments issued to the public by approved commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposits and withdrawals, etc. Bank cards reduce the circulation of cash and checks, allowing banking business to break through the limitations of time and space and undergo fundamental changes. The application of the bank card automatic settlement system has made the dream of a "checkless, cashless society" a reality.
2. When a bank card is frozen, there are usually three situations: first, overdue bank loans; second, general civil lawsuits; third, economic and other illegal crimes. In addition, if the bank suspects that the user has abnormal behavior such as cashing out, the bank card will be frozen to avoid losses. Please consult bank staff for specific information.
The reason why bank cards are frozen is nothing more than the following situations:
First, there have been abnormal transactions on the bank card, such as malicious cash withdrawals, forged information, continuous incorrect passwords, etc. To avoid the expansion of bank capital losses, the bank card may be frozen by the bank.
Second, if the bank card password is entered three times in a row, the bank system will automatically lock the bank card password, similar to freezing, but not freezing, to protect the cardholder's fund security and prevent the bank card from being lost or stolen. wait. It will automatically untie after 24 hours and can be used again.
Third, if your bank card expires without re-applying for a new card, the bank will freeze your expired bank card after expiration.
The fourth is suspected bank fund losses. If multiple bank card losses are reported continuously, the bank will be frozen due to suspected malicious reporting.
The fifth is judicial freeze. According to the relevant provisions of the law, judicial authorities can apply for ice cards from banks for processing
The CCB credit card has been frozen. What happened?
Reason 1: CCB credit card fails to repay on time
If a CCB credit card holder fails to repay on time for more than three consecutive months, CCB has the right to freeze the credit card. Although the overdue credit card has been frozen, late payment fees and interest still exist.
Reason 2: Abnormal CCB credit card transactions
If CCB believes that the credit card transaction is abnormal and the bank considers the safety of the cardholder, it will freeze the credit card, resulting in the credit card being frozen. For example, a friend of the editor was recently hospitalized and swiped large amounts of money on his credit card several times. The bank thought that the editor's friend maliciously swiped the card to withdraw cash, and froze his credit card. Of course, criminals make credit cards insecure.
1. CCB Credit Card is a credit card issued by China Construction Bank. The credit cards issued by China Construction Bank are called "Dragon Cards", including Dragon Card, prestigious school card, Dragon Card business card, Dragon Card car card, etc. Starting from August 1, 2017, annual bank card management fees will be cancelled, and basic service charges for some commercial banks’ financial services will be suspended. On April 22, 2019, China UnionPay released the "China Bank Card Industry Development Report (2019)". On August 15, 2020, Baidu, Baixin Bank, and China UnionPay jointly launched the first domestic digital bank card-Baidu Flash Card. On August 31, China UnionPay released its first digital bank card “UnionPay Card”.
2. No annual fee policy: The annual fee for the next year will be waived if you swipe the card 3 times or 18 times for the Standard Gold Card (excluding special cards such as business cards and car cards)
3. Cash withdrawal handling fee: 5‰ of the domestic transaction amount, with a minimum of 2 yuan and a maximum of 50 yuan; overseas: 3% of the transaction amount, with a minimum of 3 US dollars.
4. Multi-account management: The credit limit is applicable to multiple CCB cards, and the same account has independent daily repayments
5. Online payment: Alipay: You can use it after registering online. Single-day purchase limit is 500 yuan.
6. Installment business: Support interest-free installments (three, six, and twelve installments) for specific merchants. After a single consumption reaches 1,000 yuan, you can apply for installments (3, 6, 12, 18, 24 installments) by phone. Each period will generate different handling fees based on the number of installments. On December 2, 2019, the 1785th meeting of the Supreme People's Adjudication Committee passed the "Supreme People's Provisions on Several Issues Concerning the Trial of Bank Card Civil Cases", which will be effective from May 25. In 2021, it will be clarified that if the user's bank card is stolen , prove that you are not responsible and can claim compensation from the bank.
7. Billing day: There are multiple billing days every month. Cardholders can change it once a year during the validity period of the card
8. Currency: RMB, RMB/USD, RMB/EUR
How can a credit card be frozen?
There are three main reasons for the freezing of credit cards:
1. Overdue repayment: If the credit card is overdue for too long, the bank will generally determine that the cardholder has malicious overdraft behavior, and there will be many consequences. If the credit risk is high, the use of the credit card will generally be unilaterally terminated.
2. Suspected of cashing out: If a cardholder frequently uses POS machines to make large purchases or withdraw cash, the bank will doubt the cardholder's credit and will generally freeze it.
3. Credit card theft: When a credit card is lost or stolen, in order to prevent losses caused by theft, cardholders generally ask the card-issuing bank to freeze the credit card. In some cases, the card-issuing bank will take the initiative to freeze the credit card. The cardholder freezes the credit card.
Extended information:
Credit cards are divided into credit cards and quasi-credit cards. A credit card means that the cardholder has a certain credit limit and can consume within the credit limit. A credit card that is repaid later; a quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient to pay, the quasi-credit card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.
Compared with ordinary bank savings cards, the most convenient way to use credit cards is that they can be used for ordinary consumption without cash in the card. In many cases, you only need to return the consumed amount on schedule.
You can use overdrafts without deposits, and you can enjoy an interest-free period of 20-56 days for on-time repayment without any interest charges (most banks will charge an interest of 50,000 cents on the day of cash withdrawal, and There is a 2% handling fee. ICBC cash withdrawals are free of handling fees and only charge interest).
Swiping your card when shopping is not only safe and convenient, but also provides gift points.
You can enjoy discounts when you use the card at the bank's designated merchants.
Accumulate personal credit and add a record of integrity to your credit file that will benefit you throughout your life.
The invention of credit cards is like a double-edged sword, which can solve the temporary economic crisis. However, the purpose of banks issuing credit cards is to make money. Once the interest-free repayment time is exceeded, high interest will be charged. , generally an interest of 0.05% per day.
Swiping a card for blind consumption is not like spending money one by one like paying with cash. Once you swipe it, you feel nothing, just a few numbers, which leads to blind consumption and money flowing like water.
Excessive consumption of laptop installments, digital camera installments, and smartphone installments. While enjoying your favorite items in advance, you must also consider whether you are able to repay them.
High Interest Rates If you don’t know how to take care of your credit card and cannot repay the loan as scheduled when the final payment date comes, the bank will charge you high interest rates. (The minimum repayment for the first month of a credit card shall not be less than 10% of the overdraft amount of the month)
Credit cards that require annual fees basically have annual fees, but they basically have annual fee-free policies. , for example, China Construction Bank only needs to swipe the card three times a year to waive the fee; but if you do not swipe the card the number of times specified by the bank in a year, an annual fee will be charged.
This ends the introduction on how to freeze a CCB credit card and whether the minimum repayment can be made if a CCB credit card is frozen. Did you find the information you need?