Whether credit card purchase is illegal or not depends on the specific situation. If the cardholder empties the credit card limit at one time every time he purchases goods at a designated merchant, it involves cashing in the credit card, which is illegal. If users buy goods in multiple stores, it belongs to normal purchase and consumption. Although the bank will detect the abnormality, it cannot constitute an illegal act.

At the same time, the credit card swipes the specified amount of goods at the same merchant. Although there is no cash withdrawal during the transaction, it is a disguised cash withdrawal. Dismantling the transaction process means that the cardholder uses cash to buy goods and complete the transaction after the credit card is cashed out, which is illegal. If the user does not buy goods from a single merchant at the same time, it does not involve cashing out. For example, the credit line of the cardholder's credit card is 10000 yuan, and he bought yogurt of 1000 yuan from merchant A, drinks of 1000 yuan from merchant B and drinks of 8000 yuan from merchant C, which are normal transaction consumption and cannot be regarded as cash.

Although it is not illegal for the cardholder to disperse time for a long time, it will affect the user's use of credit cards. Credit card fees are charged by the transaction. When the user spends the monthly quota several times, the bank will be a little unhappy, and the unhappy consequences may lead to the cardholder's credit card being downgraded or frozen.

Is it illegal to buy goods by credit card?

It's not illegal, but there are restrictions.

Because your credit card is a personal card, if the purpose of consumption does not meet the purpose of personal consumption and long-term large-scale consumption is used for purchasing, purchasing and other business activities, then the bank can monitor it. The bank will freeze your credit card considering the risk of funds.

As long as it is normal consumption, it is not illegal to brush POS machines, including buying goods. The so-called cashing refers to the subtle differences in prices of the same product or almost equivalent products in different markets. For example, you may not be able to withdraw a lot of cash in a certain place for no reason, so you should transfer the money to other accounts before withdrawing cash; Or realized; Or use a credit card, which is cash. Guaranteeing a certain amount of principal after cashing out is cashing out, which is the perfect result of cashing out. In order to achieve the purpose of cash, the best way is to selectively choose cash products. For example, some stocks, gold, futures and even funds can be used as cash objects to achieve the purpose of maintaining value.

Therefore, as long as you repay the loan on time, it will not affect your personal credit information system in the People's Bank of China!

Whether credit card purchase and consumption is illegal depends on the situation. If you buy goods by credit card, it is definitely illegal. If normal use, long-term large consumption for buy buy to buy. The bank will check your account. Although it is not illegal, it may affect your use of credit cards. If it is not good, it will be reduced and frozen.

Article 196 of the Criminal Law stipulates that anyone who engages in credit card activities in any of the following circumstances, with a relatively large amount, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years, fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property:

Can I pay by credit card in the wholesale market?

1, you can brush,

2. Let's talk about profit first. In this wholesale place, the bank can charge them up to ten yuan at a time! Why not brush it? If I meet a stingy person, I will give him 10 yuan.

2, if you brush too much, you won't seal the card. The cards are all abnormally swiped. It's all malicious cash.

Is it illegal to use a credit card to do business?

Many bosses are small-scale, with insufficient liquidity and no mortgage to borrow money from banks, so some bosses start to use credit cards to purchase goods. So, is it illegal to buy goods by credit card?

It is not illegal to buy and consume credit cards, but they are easily monitored by the bank's risk control system, thus being restricted.

In the bank's risk control system, a cardholder who swipes a card more than 85% of the credit card limit may be regarded as a large consumption, which may involve cash withdrawal. It is illegal to withdraw cash, and banks do not allow it.

If the cardholder spends a lot of money in buy buy for a long time, the bank will consider the capital risk and freeze the cardholder's credit card.

It is worth mentioning that when using a credit card, don't always buy the same kind of goods on the POS machine, and always withdraw the same integer amount, which is easily mistaken by banks for cash withdrawal.

So much for the introduction of credit card purchase.