Why is the credit card frozen

Why is the credit card frozen:

1. Suspected of cashing out. If you frequently use POS machines for large-scale consumption or frequent large-scale cash withdrawals, especially cash withdrawals with capping machines, UnionPay will have doubts about your credit, so the bank will reduce your credit card limit, and if the circumstances are serious, it will be directly blocked.

2. Overdue repayment for many times. If the repayment is overdue for many times, the bank will think that you are unable to repay and freeze the credit card. At this time, if you repay the loan in full, call the customer service and ask for unfreezing, the amount may be reduced as a result, but if there are not many overdue times, the general customer service will unfreeze it.

3. Credit card theft. This situation is the cardholder's own choice. When the credit card is lost or stolen, in order to prevent the loss caused by stealing, the general cardholder will ask the card-issuing bank to freeze the credit card, and in some cases, the card-issuing bank will take the initiative to freeze the credit card for the cardholder.

when the credit card will return to normal after being frozen depends on the specific situation:

1. If it is frozen due to overdue repayment, it is only necessary to pay off all the arrears, then repair the damaged credit and improve the personal credit, before the card can be unfrozen. Because it is difficult to repair the credit quickly in a short time, it is recommended that customers pay off the arrears and patiently raise the credit for three to six months. If it keeps overdue, the card will never return to normal.

2. If the cash is frozen due to violation of regulations, the customer can only wait patiently for the end of risk control. The banking system will conduct a comprehensive evaluation from time to time, about once a month. When the comprehensive evaluation of the system reaches the standard and the account risk decreases, it will naturally be thawed.

3. Of course, if the card has not been cashed out, it is because of the large amount of total consumption, frequent consumption at the same merchant and other behaviors that are suspected of cashing out, so the customer can contact the bank to make a complaint, and the success of the complaint will naturally be restored soon.

if it is frozen because of the suspicion of stolen brush, the customer only needs to go to the bank to authenticate his identity and provide the details of recent transactions, which will usually be unfrozen soon. If the transaction password is frozen because of continuous wrong input, just reset the password and it will soon return to normal.

What happened to the freezing of credit cards

There are three main reasons for the freezing of credit cards: 1. Overdue repayment; 2. Suspected of cashing out; 3. Credit card theft.

1. Overdue repayment:

If the credit card is overdue for a long time, the bank will generally assume that the cardholder has malicious overdraft behavior and will have a high credit risk, and will generally unilaterally terminate the use of the credit card.

2. Suspected cash withdrawal:

If the cardholder frequently uses the POS machine to make large consumption or cash withdrawal, the bank will doubt the credit of the cardholder and generally freeze it.

3. Credit card swiping:

When a credit card is lost or stolen, in order to prevent losses caused by swiping, the general cardholder will ask the issuing bank to freeze the credit card, and in some cases, the issuing bank will take the initiative to freeze the credit card for the cardholder.

Extended information:

Credit card unfreezing:

If your credit card is frozen by the bank, you should first find out the reason why the card is frozen, and then take targeted measures.

For example, if a credit card is frozen because it is too overdue, it will be difficult to unfreeze it. The customer must pay off all overdue debts first, and then take good care of the credit after paying off. Maybe after the credit is raised, the bank will get a higher score when evaluating the banking system, and the bank will resume using the card. But I'm afraid it will take a long time to maintain good credit. And thawing mainly depends on system audit, and manual intervention is impossible.

if the credit card is frozen because of the suspicion of cashing out and the bank's risk control, the customer who has not cashed out can print out the recent transaction records of the credit card and provide the voucher to the bank to prove that he has not cashed out. The bank will unfreeze the card if it makes sure that the account is not too risky.

if there is a risk of credit card being stolen, the bank may also freeze the card. In this case, the customer can directly call the bank to apply for thawing. Also, sometimes when a credit card is lost, the customer will take the initiative to apply to the bank to report the loss and freeze the card. If the card is found during the temporary loss reporting period, the customer can also directly ask the bank to unfreeze it and continue to use the card.

Credit card unfreezing skills:

First, pay off the debts and maintain good credit

Many people's credit cards are frozen because of overdue debts. So if you want to unfreeze your credit card, you should pay off the overdue debt as soon as possible, and then apply to the bank for unfreezing. If the bank evaluates you, it will unfreeze your credit card.

however, if your overdue situation is particularly serious, it is difficult to unfreeze your credit card. Even if you pay off your debts, you can't unfreeze them if your credit is not good. Therefore, it is also important to maintain good credit.

second, provide details of consumption

banks sometimes carry out risk control, and if they think your credit card is risky, they may freeze your card. Sometimes the bank will freeze your credit card when it suspects that you are cashing out. So if you want to unfreeze this situation, you can provide the consumption details to prove that you have been swiping your card normally and have not cashed in. The bank will review the consumption details provided by you, and if it passes the review, it will unfreeze your credit card.

under what circumstances will the credit card be frozen

1. When the credit card is overdue for many times, or it is suspected of cashing out, and there are many consecutive large-sum integer swipes, consumption abroad swipes, and swipes in two places at the same time, the credit card will be frozen.

2. ① Overdue for many times

3. Different overdue situations have different consequences. Generally speaking, if overdue for more than three months, the bank will freeze the credit card and report it to the personal credit report of the central bank.

4. It should be noted that overdue not only refers to overdue credit cards, but also other types of bank loans that are overdue for many times will lead to the freezing of credit cards.

5. ② There is suspicion of cashing out

6. Cashing out is against the law, and the bank expressly stipulates that cardholders cannot use credit cards to cash out.

7. Once the bank finds out that the cardholder's cashing behavior is true, the credit card will be frozen.

8. ③ The credit card is abnormal

9. If there are many consecutive large-sum integer swipes, consumption abroad swipes, and two places swipe their cards at the same time, then the bank will think that the credit card is abnormal. In order to prevent the credit card from being stolen, the bank will freeze your credit card.

1. ④ Incorrect password for more than three times

11. When spending with a credit card, if you enter the wrong password continuously, your credit card will be frozen. Different banks have different regulations for continuously entering the wrong password. Some banks will freeze their credit cards if they enter the wrong password three times in a row, while others enter the wrong password five times in a row.