The card type is removed from the shelf, but the new card is no longer opened and the old card can be used. CITIC Bank, formerly known as CITIC Industrial Bank, was founded in 1987 and renamed at the end of 2005. CITIC Bank is one of the national commercial banks in China, headquartered in Beijing, and its main shareholder is China CITIC Group Corporation. CITIC Credit Card will be removed, but a new card will not be opened, and the old card can be used. Credit card, also called debit card, is a kind of card issued by commercial banks and credit card companies. Its main function is to overdraw consumption.