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, which will have a high credit risk and will generally unilaterally terminate the use of the credit card.
2. Suspected of cashing out:
If cardholders frequently use POS machines to make large purchases or cash withdrawals, banks will doubt the credit of cardholders and generally freeze it.
3. Credit card theft:
When the credit card is lost or stolen, in order to prevent the loss caused by the theft of the credit card, 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 data:
Credit card unfreeze:
If the credit card in hand is frozen by the bank, it should be unfrozen. First of all, we must find out the reason why the card is frozen, and then we can take targeted measures.
For example, if a credit card is frozen because it is overdue for too long, it will be more difficult to unfreeze it. Customers must pay off all overdue debts first, and then take care of their credit. Perhaps after the credit is improved, banks will get higher scores when evaluating the banking system, and banks will resume using cards. But it may take a long time to maintain a good credit. Moreover, 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 risk control of the bank, the customer who has not cashed out can print out the recent transaction records of the credit card and provide the bank with the voucher to prove that he has not cashed out. If the bank determines that the account is not risky, it will unfreeze the card.
If the credit card is at risk of 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 the card and continue to use it.
Credit card unfreezing skills:
First, pay off debts and maintain good credit.
Many people's credit cards are frozen because of overdue debts. So if you want to unfreeze the 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.
But if your overdue situation is particularly serious, it is difficult to unfreeze your credit card. Even if the debt is paid off, bad credit cannot be thawed. Therefore, it is also important to maintain good credit.
Second, provide consumption details.
Banks sometimes carry out risk control. If they think your credit card is risky, they may freeze your card. Sometimes the bank will freeze your credit card if it suspects that you are cashing out. So if you want to unfreeze this situation, you can provide consumption details to prove that you have been swiping your card normally and have not cashed out. The bank will review the consumption details provided by you, and if it is approved, it will unfreeze your credit card.