What does a credit card downgrade transaction mean?

A credit card downgrade transaction is to replace a credit card with a lower level.

A credit card downgrade transaction is when a user with a high-tier credit card chooses to convert their account to a lower-tier or base-tier credit card. This transaction occurs when users of credit cards with high annual fees, high benefits, or high limits no longer need or are unable to take full advantage of those perks.

Have you mailed the paper bill of China Merchants Bank's credit card? Can I modify my address information and so on?

Why can Agricultural Bank of China only make offline reservations for repayment?

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Credit card, can I get points for staying in a hotel? Staying in a hotel should also be counted as consumption, right?

What will happen if your credit card is overdue and you run away?

How much is the interest and handling fee for an ICBC credit card worth RMB 4,500 in 12 installments? Thanks

Can Agricultural Bank of China loan me a loan if my China Merchants Credit Card is overdue once in 2008?

CCB credit card pays 5 yuan in six installments. How much is the interest a month?