I have a car loan credit card from ICBC. Why is my ICBC debit card also locked and I pay it back on time

The reason why ICBC is locked:

< p>1. The user will be locked after continuously entering the wrong password. If the user enters the wrong password three times at a bank automatic teller machine, the user will be locked directly. Or the user will be locked if the user enters the wrong password five times in a row when using mobile banking or online banking. At this time, the user needs to reset the password or use it again after 24 hours.

2. Judicial freeze. Judicial freezes can also result in bank cards being locked. Judicial freezing is divided into two situations: the user is raped by someone else and applies for property preservation; the user refuses to execute the judgment after it takes effect.

3. Account abnormality. If a user's account suddenly experiences abnormal changes in the amount of money in and out, the bank system will determine that the account has security risks and will lock it.

You can call customer service for consultation, but in the end, you need to bring your ID card and bank card to an ICBC branch to unlock it, so going directly is also a way. Go to the bank counter with your ID card and bank card to check the reason for the lock and unlock it.

Why is the credit card locked?

1. The credit card is locked if the password is entered incorrectly

The credit card will be locked if the number of incorrect passwords entered exceeds the limit. Normally, a credit card will be locked if you enter your password incorrectly three times in total.

2 Overdue credit card is locked

Overdue card will have many effects, not only will it affect the credit report, but also if the cardholder's credit card is seriously overdue, the bank may lock the overdue card. Live so that the card holder cannot use it.

3 There is a risk that transactions will be locked

Card holders frequently use POS machines to make large purchases and withdraw large amounts of cash. And if you frequently swipe your credit card, it is easy to be locked if no real transactions occur.

It must be said that the amount of credit card consumption is very different from the actual price of the product. Repeat transactions and repeated refunds at the same merchant will also be locked. Moreover, if the credit card involves property issues, the credit card may be locked and transactions cannot be performed temporarily.

What is a credit card?

Credit card (English: creditcard), also called credit card. It is a non-cash transaction payment method and a simple credit service.

A credit card is generally a special carrier plastic card with consumer credit that is 85.60 mm long, 53.98 mm wide, and 1 mm thick. It is issued by the bank to individuals and organizations, and can be used to shop, consume, and deposit and withdraw cash from the bank. It is in the form of a card with the name of the issuing bank, validity period, number, cardholder name, etc. printed on the front and a magnetic card on the back. strip, signature strip.

Credit cards are issued to cardholders by banks or credit card companies based on the user's creditworthiness and financial resources. Cardholders do not need to pay cash when making purchases with the credit card, and repayment will be made on the billing date (English: billing date).

On April 15, 2016, the central bank issued the "Notice of the People's Bank of China on Matters Related to Credit Card Business", canceling late payment fees on credit cards, introducing liquidated damages, and prohibiting over-limit fees. The new regulations were implemented in January 2017 It will be officially implemented on the 1st.

The debit card is an ordinary savings card. The account attribute is a current deposit account, which can be used for consumption, ATM deposits and withdrawals, etc.; the credit card can be used for consumption, ATM deposits and withdrawals, etc. The biggest advantage is that it can Overdraft (with a certain credit limit)

Generally, bank cards are divided into two types: credit cards and debit cards.

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund as required by the bank. When the reserve fund is insufficient to pay, the cardholder can overdraw within the credit limit specified by the card-issuing bank.

Debit cards are divided into transfer cards, special cards and stored-value cards according to different functions. Debit cards cannot be overdrawn. Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money. A special card is a debit card used in a specific area and for special purposes (referring to purposes other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash. A stored-value card is a prepaid wallet-style debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.

What does credit card lock mean?

Card lock means that the credit card is locked.

Card lock usually refers to a situation where the credit card is locked and the cardholder cannot use the credit card for transactions. If the credit card is locked, it is recommended to call the bank customer service hotline to understand the specific reasons and then make corresponding improvements. See if it can be unlocked. Users should pay attention to comply with bank regulations when using credit cards and avoid any violations to avoid adverse effects.

Causes for locking the card:

1. The wrong password was entered more than 3 times.

In the process of using a credit card for transactions, if the user enters the incorrect password more than 3 times, the credit card will be locked. In this case, if the cardholder wants to unlock it, he or she needs to bring his or her personal information. Go to the card-issuing bank with a valid ID to complete the unlocking procedure.

2. Overdue.

Credit cards are tools provided by banks to allow qualified cardholders to make overdraft purchases in advance. After using credit card overdrafts for consumption, users need to repay the debt on time within the specified repayment period. However, some cardholders will because Overdue behavior occurs for various reasons.

3. Cash out.

Credit cards are mainly used for overdraft consumption. Banks do not encourage cardholders to use credit cards to withdraw cash. Therefore, interest and handling fees are charged for cash withdrawals. In this case, some cardholders encounter cash flow needs. Will choose to cash out via credit card.

4. Justice.

In this case, the cardholder needs to cooperate with the relevant department to handle the relevant case before it can be used.

What does it mean to lock a China Construction Bank credit card?

1. It may be that the wrong password was entered more than three times when logging in to online banking. In order to ensure the safety of the user's funds, the bank will temporarily close the cardholder's bank account.

2. Once a credit card is overdue for 2-3 months and has not been repaid, the bank will also lock the credit card.

3. The bank’s risk control system monitors the cardholder’s behavior of cashing out and will also lock the bank card used for cashing out.

This is the end of the introduction about why credit cards are automatically locked for repayment and why credit cards cannot be automatically repaid. I wonder if you have found the information you need?