If the credit card balance is less than 500,000 yuan, it may be subject to the "Regulations of the Supreme People's Procuratorate and the Ministry of Public Security on the Standards for Filing and Prosecution of Criminal Cases under the Jurisdiction of Public Security Organs (2)" Anyone who is sentenced to criminal law and engages in credit card fraud under Article 54 and is suspected of one of the following circumstances shall be prosecuted: (1) Using a forged credit card, or using a credit card fraudulently obtained with false identification, or using an invalid credit card Credit card, or fraudulent use of other people's credit cards to conduct fraudulent activities, the amount is more than 5,000 yuan; (2) Malicious overdraft, the amount is more than 10,000 yuan. "Malicious overdraft" as stipulated in this article refers to the cardholder's overdraft exceeding the prescribed limit or prescribed period for the purpose of illegal possession, and the card-issuing bank still fails to return the amount for more than three months after being called upon twice by the card-issuing bank. If the overdraft is malicious and the amount is more than 10,000 yuan but less than 100,000 yuan, all overdraft interest has been repaid before the public security organ files the case. If the circumstances are obviously minor, criminal liability may not be pursued in accordance with the law.

The constituent elements of the crime of credit card fraud are as follows:

1. The objects of this crime are the credit card management system and the ownership of public and private property.

2. The objective aspect of this crime is that the perpetrator uses credit cards to defraud public and private property by fabricating facts or concealing the truth.

3. The subject of this crime is a general subject, and natural persons can become the criminal subject of this crime.

4. The subjective aspect of this crime is intentionality, and it is direct intention. The perpetrator must also have the subjective purpose of illegally possessing public and private property. Indirect intentional and negligent crimes cannot constitute this crime. It should be pointed out here that among the various acts of credit card fraud, the perpetrators have different behaviors and their criminal intentions also have their own specific content.

For example, if a counterfeit credit card or an invalid credit card is used to commit fraud, the perpetrator must subjectively know that it is a forged or invalid credit card, otherwise, this crime cannot be committed. In the case of credit card overdrafts, the distinction between bona fide overdrafts and malicious overdrafts should also be analyzed from the intentional content of the perpetrator. If the perpetrator has the intention to illegally possess other people's property, it is a malicious overdraft, and vice versa, it is a bona fide overdraft.

In summary, according to the provisions of my country's civil and criminal laws, if you owe 500,000 yuan on a credit card, you need to repay it in time. If you really can't pay it back, you can borrow money from relatives and friends to repay it first. You can negotiate with the bank for repayment in installments or interest-free. If you do not repay in time, you will be liable for civil breach of contract. It may also be deemed to have violated criminal laws and you will need to bear criminal liability.