Credit card derating is not done for no reason. There are usually some precursors. Users must pay attention to certain behaviors when using the card, so as to avoid being derated. So, will there be a reminder if the credit card limit is reduced? You need to pay attention to these signs!
Will the credit card be notified if the credit card limit is reduced?
Will the credit card be notified if the credit card limit is reduced? If the user uses the card illegally, the bank will first send a text message to warn the user. If you still use the card illegally after receiving the warning, the bank will directly reduce the credit card limit. As for the credit card being reduced, it will not affect the normal use of the credit card. Once the credit card is maxed out, the repayment date will not change. In addition, after reducing the credit card limit, the user needs to accumulate a good credit record for a long time, otherwise the reduced credit card limit will not be restored.
Precursors of a credit card being reduced:
1. Receive a warning text message. If you use your credit card normally and repay it on time, you will not receive a warning text message from the bank. And if the cardholder's credit card transactions are abnormal, for example, they used to make small transactions, and suddenly there is a consumption of more than 5,000 yuan, or even the credit card is emptied directly, this will come into contact with the bank's risk control. point. The bank will send text message reminders saying that there are risks in credit card transactions and asking them to regulate the use of cards. This is because the bank suspects that the cardholder is cashing out, and this type of text message is warning the cardholder that if they do not use the card properly, they will take measures to reduce the credit limit and block the card.
2. The installment was rejected. Credit card installment allows banks to earn handling fees and is also one of the sources of bank profits. It stands to reason that banks would like cardholders to apply for more installments, so that they can earn more money. But the bank does not say that it will accept all comers. No matter how much you love money, you have your own bottom line. If the cardholder comes into contact with the bank's risk control points and becomes the bank's key risk control target, they may be dragged into a dark room. In this case, the installment application may be rejected. If the cardholder cannot find a way to get out of the dark room, and if the card is not used in a standardized manner later, it will be a matter of time before the credit limit is reduced.
3. Transactions are restricted. Some cardholders used to use their credit cards well, but suddenly they can no longer use their cards to make purchases. They have changed to many POS machines and the same thing has happened. This is probably because the bank has restricted transactions. The main reason is that there are abnormal transactions on the credit card, or the credit card is overdue, etc., and is blacklisted by the bank. This is also a precursor to a credit card reduction.
Therefore, when using a card, users must maintain good card usage behavior and repay in full and on time, so as to avoid credit card delimitation.