Bank of Communications credit card is restricted
Reasons for credit card swiping display being restricted:
1. Exceeding the limit: Credit cards have single transaction limits and single day limits. Transaction limit, if the limit is exceeded, it will be displayed as restricted when swiping the card.
2. Risky transactions: Every credit card transaction is monitored. If the current transaction is risky, the transaction will be restricted.
3. Credit card cash-out: If the bank detects that the transaction is cash-out, the bank will immediately restrict the credit card transaction.
4. Bank reason: If the card issuer rejects the transaction, it will also be displayed as restricted.
5. Other reasons: If you swipe the card during network failure or equipment failure, there may also be a message that the card is restricted.
Extended information:
Notes:
1. It is best not to raise the temporary limit. If you raise it, you will not be given a good loan or a platinum invitation. Card.
2. Remember not to spend more than 7k in a single transaction in the first two months of your new transportation card.
3. For customers who don’t like installment plans, it’s best not to do them consecutively. The best installment time is 3-6 months.
4. Bank of Communications has blocked and frozen cards without warning. Now it is blocking and reducing credit cards on a large scale for unknown reasons. The magnitude is larger and wider than before. Cardholders who have held Bank of Communications credit cards for many years and Anyone who uses the card normally may be within the scope of accidental damage.
5. Be sure not to use up all the limit as soon as you open the card. Leave a limit of 30 for the new card, and do not make installments in the first 3 months when you apply for the card.
Baidu Encyclopedia-Bank of Communications Credit Card
Baidu Encyclopedia-Transaction Risk
Baidu Encyclopedia-Credit Card Cashout
Bank of Communications Credit Card says there are security issues. You can no longer swipe your credit limit, you can only swipe your overflow deposit. How do you cancel the card?
Just go to the bank with your ID card to cancel it.
The reasons why credit cards have a limit but cannot be used:
1. Credit card use is restricted
If there is a limit on the credit card but cannot be used, then it may be Card swiping is restricted.
For example, if you set a daily limit for your credit card, then when the consumption for that day has reached the limit, even if there is still a limit in the card, you will not be able to use the card later.
Or if you swipe your card too frequently in a day, this will also be restricted, causing you to have a limit on your card but not be able to swipe it.
2. The card is frozen
If there is something wrong with the card, for example, if it is frozen by the bank, you will not be able to use the card even if you still have credit in the card.
3. There are risks in transactions
If the bank suspects that the transaction you made with your card is risky, the bank will not let you successfully complete the transaction in order to avoid risks.
For example, some people use their cards improperly, which causes the bank to suspect that you are cashing out when you make a transaction, so you are unable to make transactions. As a result, you cannot swipe the card even though there is a limit on the card.
Extended information
Usage issues
Security issues
Because credit cards are convenient and fast to use, and coupled with the rapid development of science and technology, credit cards Due to the mechanism of consumption first and payment later, security problems are becoming increasingly serious. Major international credit card groups and global card-issuing financial institutions are facing severe challenges. The security issues of credit cards are mainly divided into the following five aspects:
1. Credit cards: criminals or criminal groups use fake or invalid cards (expired/lost/damaged/tape damaged...etc.) to pretend to be genuine cards Consumption directly deceives merchants or card issuers.
2. Cardholders: Improper storage/handling of cards (expired/invalid credit cards are not destroyed, or lost cards are not immediately invalidated, etc.), and personal identity information is unintentionally stolen or defrauded. To avoid such problems, citizens should not easily provide personal identity information to others, and it is best not to entrust others to handle credit cards on their behalf.
3. Consumer merchants: service staff overuse cardholders during their consumption process, or steal their credit card information to make purchases at other merchants.
This situation can happen whether it is a physical merchant or an online virtual merchant.
4. Card issuer: The computer system was maliciously invaded and the customer's basic/transaction information was stolen. There are also cases where employees within the organization commit crimes such as self-inflicted theft or internal supernatural powers and external ghosts.
5. Trading system and mechanism: As long as it is made or handled by humans, human errors and oversights are inevitable; no matter how rigorous the trading mechanism is, combined with a world-class trading system from confirmation to settlement, it will still There is a possibility of being invaded, and the so-called "invasion" actually has hierarchical differences.
Reference material: Baidu Encyclopedia-Credit Card
Why can’t the transportation credit card be swiped at the POS machine?
It may still be a machine problem. The machine is limited. You can try again at another time. If it still doesn’t work, you can go to Yongge payment network to find Yongge and follow his instructions to swipe your face online. Perfectly solved. I was in the same situation as you before, and I found the solution after finding Brother Yong on the recommendation of netizens.
What should I do if my transportation card suddenly cannot be used?
It may be degaussed.
You can go to the card sales department for help for inspection and repair, because the card may be damaged artificially by you. You may have to pay the cost of the card, and they will help you transfer the amount in the card. This may be It will take about 1 week. Funds can only be transferred if the card is repaired.
Principle introduction:
The transportation card is a contactless IC card. Contactless IC card (CICC—ContactlessIntegratedCircuitCard) is also called contactless integrated circuit card, radio frequency card or contactless smart card. Its application history is shorter than that of contact IC cards, but due to its convenience and better durability, it has replaced contact IC cards in many occasions, and its share in the card market is growing.
The contactless IC card consists of an antenna and a dedicated chip. The antenna is a coil made of several sets of metal wires embedded in the card base. The dedicated chip consists of three modules: a high-speed radio frequency interface, a control unit, and an EEPROM. The card communicates the information in the card with external reading and writing devices through electromagnetic induction.
Bank of Communications YoungPower Credit Card cannot be swiped
It may be because your card has swipe restrictions.
Changing the swipe limit of Bank of Communications Y-POWER credit card (this should be the limit) is not decided by yourself. Bank of Communications will customize corresponding quotas for customers based on their monthly consumption. If you want to increase the limit, please call customer service to apply for a limit increase after using the card for half a year, but it is generally not easy.
Introduction to Y-POWER Credit Card. Y-POWER Credit Card is a dual-currency credit card specially created by Bank of Communications for young people. It has ultra-low cash withdrawal fees and ultra-high cash withdrawal limit, making it easy for young card holders. Emergency. Y-POWER has two unique card surface designs: Force Black and Vibrant White.
This is the end of the introduction about the inability to use transportation credit cards and the inability to use transportation credit cards. I wonder if you found the information you need?