One is that banks think that credit card transactions are abnormal and may be attacked by hackers or other lawless elements, so for the safety of cardholders, banks will freeze credit cards, which will lead to the suspension of credit cards. In this case, the cardholder can call the issuing bank and ask the bank to reissue the credit card, open the card directly after getting the new card, and cut off the original credit card at the same time.
Another reason for the suspension of credit card is that the cardholder fails to repay the loan on time for more than three consecutive months, and the issuing bank has the right to unilaterally suspend the credit card. In this case, even if the credit card is stopped, the cardholder's bill will still have late fees and interest, and it will continue to increase. If the amount meets the requirements of the bank, the bank can sue the cardholder, and if the amount is large, the cardholder will also be punished. Therefore, after the credit card is stopped, the cardholder had better repay it in full. At the same time, in order to avoid the blacklist of credit records, it is best to reactivate this credit card, repay it on schedule, and offset the original bad credit records with continuous periods. Otherwise, cardholders can not only apply for other credit cards, but also apply for financial loans such as mortgages.