An empty card can refer to an empty card in a savings account or an empty card in a credit card account. An empty savings card generally refers to a card that has no money in the account and has not been used for a long time. If the card is not used for a long time, the bank will cancel the corresponding account, firstly to reduce account management costs, and secondly to protect the rights and interests of the account owner and prevent the restricted account from being misappropriated by others. Empty credit cards refer to swiping the entire credit limit for consumption. Occasionally empty credit cards are helpful for increasing the limit, but emptying the card for a long time may lead to suspicion of cashing out, especially when the amount swiped is always exactly the same as the credit card limit, it is easy to be Bank credit card center risk control.

1. The so-called cashing out of an empty card means that when the credit limit in your card has been used up (equivalent to an empty card), you can still cash out cash on this basis, and It is 2-3 times the original credit limit. In fact, this is also an alternative method of cashing out credit cards. Credit cards, I believe many people have more than one. Generally speaking, credit cards have a relatively fixed usage limit. As we all know, the credit limit of a credit card is approved by the bank. How can it be changed at any time? How can a credit card that has used up its limit withdraw cash that is higher than the multiple of the limit? Empty card cash out Conventional credit card cash out means that the cardholder uses many cash out companies or other institutions to swipe out the full amount of the credit card limit on your credit card, and then the party who swipes the card will give you cash immediately. This method of cash out requires a fee Handling fees ranging from 1.5-3. "Empty card cash out" is to withdraw cash from your credit card when your credit card credit limit is used up. The amount obtained can be several times your credit limit. Credit card management loopholes have become a tool for some people to make money.

Second, there are two key points in realizing the cash-out of empty cards: one relies on swiping the card, and the other relies on relationships. The key to swiping your card is to exploit loopholes. It turns out that the middleman uses the installment payment limit given by the bank to the card owner (when the limit has been exhausted), creates false consumption through POS machines, and helps some people who are in urgent need of cash to transfer the installment payment limit (usually 10,000 to 50,000 yuan) in the credit card. ) are quickly converted into cash and receive a commission of up to 17-25. This kind of false consumption is because in the past, cashiers often overdrafted in integers. If the consumption data displayed on a POS machine is often in integers, it will be included in the suspect list. But middlemen are becoming more and more "smart" and rarely use round numbers, making it difficult for banks to detect them. It doesn't matter if you just swipe your card and you can't cash out. These middlemen generally have inextricable connections with the financial and senior management personnel of large shopping malls, because only in this way can they successfully obtain bank loans.

3. Credit card is essentially a small amount of credit loan, and the essence of empty credit card cash-out is that the intermediary colludes with the cardholder to maliciously obtain a certain amount of loan from the bank in the name of consumption. This is, to some extent, a loan fraud based on fictitious facts. If the person who cashes out refuses to repay the money, it also violates the malicious overdraft provision of China's "Criminal Law" and can be sentenced to up to life imprisonment. According to an insider in the banking industry who did not want to be named, every bank in China has tens of millions of personal consumer loan customers. Banks cannot track loans to so many customers one by one. Many installment payment amounts are determined by banks according to customers. Automatically generated from past credit records. In order to increase the market share of credit cards, many banks do not strictly control the issuance of credit cards. As a result, some people who do not have the ability to repay have credit cards. These people are likely to become the "protagonists" of cashing out empty cards. The loopholes in the bank's management of credit cards and POS machines are the key reasons why credit card arbitrage can be exploited.