Legal analysis: The overdue credit card reduction and exemption policies of banks are as follows:

1. Pay off the arrears in time, take the initiative to explain the situation to the bank and keep the account normal;

Never cancel your card because it has expired. Instead, you will lose the opportunity to repair your credit. After the deadline, we should continue to use credit cards normally, spend more, repay on time, and replace overdue records with new repayment records;

3. Don't lose contact after the deadline, and don't let the bank think that it is a malicious overdraft, otherwise it may be sued by the bank.

Legal basis: Article 196 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks commits the crime of credit card fraud under any of the following circumstances. If the amount of credit card fraud is relatively large, he 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 or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property:

(a) using a forged credit card, or using a credit card fraudulently obtained with a false identity certificate;

(2) Using an invalid credit card;

(3) Fraudulent use of another person's credit card;

(4) malicious overdraft.

The term "malicious overdraft" as mentioned in the preceding paragraph refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank. Whoever steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.