I got a credit card, but I didn't use the money. Why do I owe money?

the applied credit card is a non-rigid annual fee credit card. As long as the card is activated, the annual fee will be charged. The annual fee will be deducted directly from the credit card limit, which will cause the credit card to owe money. There is also a rigid annual fee, which will be charged regardless of whether you open the card or not. Even if it is not activated, the annual fee will be deducted automatically, which will lead to the phenomenon that the credit card does not owe money.

second, some special credit cards issued by banks, such as some high-end platinum cards, have a rigid annual fee. Once the cards are approved, the banks will charge the annual fee as usual regardless of whether the cards are opened or not. If the card you handle is a high-end card, the annual fee generated will be deducted from the credit card quota first even if there is no consumption. Therefore, if the general credit card has not been consumed but has received the bill, it may usually be the annual fee charged by the bank.

There are also some credit cards that are exempt from the annual fee for the first year. You can avoid the annual fee for the next year if you participate in swiping the card three times in the first year. However, many people have not used it since they applied for it, resulting in the annual fee for the second year and owing money. For unnecessary trouble, if you feel that you will not use the credit card, you can directly apply to the bank customer service for cancellation.

What happened when the credit card suddenly stopped working and owed money several months later?

1. The credit card expired

In the process of using the credit card, if the cardholder has bad behaviors such as overdue, the bank will control the credit card. Although the card will not be sealed directly, it will be suspended. At this point, even if the cardholder's credit card has a limit, he can't use it. In this case, it is recommended that you pay off the arrears first, and then contact the bank customer service to apply for lifting the restrictions. After explaining the reasons for overdue, banks will generally agree to lift the restrictions.

2. The card used is not standard.

the system will compare the card swiping time, amount and merchant type from time to time. Card friends are classified according to their past card use behavior. If the transaction behavior is abnormal, such as big in and big out, spending by credit card during abnormal business hours, and the amount of credit card is not equal to the type of merchant, the use of credit card will be suspended.

3. Cash-out behavior exists.

banks prohibit cashing in credit cards. Once discovered, the credit card will be unusable. If the cardholder has not cashed in his credit card himself, but has been cashed out by mistake by the issuing bank, then the cardholder can contact the issuing bank to explain the situation, submit a real transaction slip to prove that he has not cashed out, and dispel the bank's concerns, then the bank is likely to agree to lift the restriction.

4. There are trading risks.

many times, cardholders will suddenly empty their credit cards at one time or make transactions in different places. At this time, in order to ensure the safety of the funds in the card, they will also suspend the use of the credit card, and then contact me to verify whether they are spending money on me. After verification, they will resume using credit cards. Of course, in this case, you can also contact the bank customer service yourself, clearly indicating that it is your own card use behavior. Then the bank will resume using the card soon after verification.

How can China Bank's credit card be in arrears when it is useless

Please confirm whether your China Bank's credit card has been paid on behalf of others. If not, please call the customer service hotline as soon as possible to further inquire about the transaction.

the above contents are for your reference. please refer to the actual business regulations.

This is the end of the introduction about how the credit card is useless, how can you owe money and what will happen if you owe the credit card? I wonder if you have found the information you need?