The act of "raising a card" is illegal and may even constitute a crime. Raising a card means that after the credit card is overdrawn and a certain handling fee is paid, the "cardholder" pays the overdraft fee first and uses the credit card to make false consumption on the self-provided POS machine. Under normal circumstances, the principle of keeping a card by card is to stagger the repayment dates of several credit cards. Before the repayment period, the first credit card is used for daily consumption, the second credit card is used for overdraft, and the debt of the first credit card should also be paid. By analogy, several credit cards are overdrawn in turn.

The advantages of using a credit card are:

1. Emergency consumption: When personal funds can't turn over, you can overdraw the credit card limit for consumption.

2. Enjoy preferential activities: cardholders can enjoy various preferential discount activities by swiping their cards, which can save living expenses.

3. Deduction of points: Credit card points can be accumulated for credit card spending, and the points can be exchanged for integral mall gifts.

4. Accumulate personal credit: You can accumulate good personal credit by repaying your credit card on time, and you can quickly pass the examination when making a bank loan.

5. Financial investment: Most credit cards have an interest-free period of not less than 55 days after consumption, and cardholders can use this time to use their funds on hand for turnover or financial management.

To sum up, raising a card is illegal and may even constitute a crime. Cardholders who "support their cards with cards" are only confused about the cash flow at once, but ignore the cyclic interest and the penalty interest for late fees that may arise from it. As a result, customers who have become the bank's credit blacklist because of arrears have made cardholders lose more than they gain, and they are also facing the risk of credit crisis and are seriously suspected of fraud.

Legal basis:

Article 196th of the Criminal Law of People's Republic of China (PRC)

Under any of the following circumstances, it constitutes the crime of credit card fraud, and if the amount is relatively large, it 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.