You should be happy that it has just been reduced by such a small amount. You are already luckier than all the people who have been reduced.

All bank credit card reductions are to reduce the minimum limit by half, and CITIC Bank will directly reduce it to 1/3 of the original fixed limit.

If your quota is also halved, that means you only have 9,000 quota left, and you still have 13,000 quota left, which is already considered a rare thing.

There is only one reason why the credit card will be reduced: there was arbitrage in the previous credit card transaction and the bank found it.

All customers whose cards have been blocked and have their credit limit reduced have become "credit card risk customers" of the bank. No matter whether the credit card is overdue or not, as long as the credit card is blocked and the limit is reduced, it means that it will be difficult to increase the limit in the future. After some customers' credit limit was halved, it was not easy to return to the original fixed credit limit after using the card for 3 years.

And this is not over yet, there are more serious things:

All credit card customers who have their credit cards blocked or reduced will have a complete record of the card blocked or reduced in their credit reports: including Derating time, amount to be reduced, and reasons for card closure and derating. This information will not be displayed in the personal version of the credit report, but the bank version of the credit report is a detailed version and can all be seen. You can see it all when reviewing credit card inquiries.

So, if you don’t use your card well and your credit card limit is reduced two or three times more, you will be blocked by all banks. If you apply for a credit card, you will be rejected instantly, and if you apply for a loan, you will be rejected immediately.