How to deal with frozen credit cards:

1. There are many overdue repayments. Repaying the loan in full at once and calling the bank to ask for an unfreeze may result in a reduction in the credit limit, but if the number of overdue payments is not many, the bank will generally unfreeze the loan.

2. If you are suspected of cashing out, you will also be frozen. If you frequently use POSS machines to make large purchases, or frequently withdraw large amounts of cash, the bank will suspect that your account is suspected of cashing out. Then your credit card will be frozen on the grounds of suspected cash out. Provide your credit card consumption vouchers for the past year. If that doesn't work, you can only wait.

3. If your property has been frozen or confiscated by the court due to various disputes, your credit card will also be frozen, but this situation is relatively rare. If this happens, resolve your lawsuit first. Now, consider unfreezing your credit card. Extended information:

The so-called over-limit fee refers to the additional overdraft amount granted by the bank after the cardholder reaches the total credit card overdraft amount, which is generally 10% of the original overdraft amount. The advantage of this is that the cardholder does not have to apply for a temporary increase in the limit or the card cannot be swiped; the disadvantage is that the cardholder has to pay an over-limit fee of 5% of the amount exceeding the overdraft limit.

In order to avoid being charged over-limit fees by the bank, some cardholders turn to the bank to apply for a temporary increase in the overdraft limit. The increase is usually 10%-20%. The period is usually one month. If the limit is exceeded, After a while, the credit card limit returned to its original limit. Therefore, cardholders must clearly note the period of the temporary limit to avoid overdue credit card repayments.

In addition, you should also pay attention to the over-limit issue of temporarily increasing the limit: if you use an over-limit overdraft in the second half of a month, it is likely that the excess amount will incur over-limit fees. For example, A's credit card overdraft limit is 50,000 yuan. On December 20, he applied to the bank to increase the temporary limit by 30,000 yuan, but he did not use the 30,000 yuan until January 15.

By January 20, A’s credit card overdraft amount will automatically be reduced to 50,000 yuan. In fact, A’s overdraft amount was 80,000 yuan in January. The 30,000 yuan in between will generate 5% over-limit fee. Therefore, before the credit card overdraft limit is automatically reduced to the original limit of 50,000 yuan, the cardholder should first repay the 30,000 yuan and control the unpaid amount within the overdraft limit of 50,000 yuan, so as to avoid overpayment. Limited fee.

Bank financial planners also reminded that in view of the large number of card purchases during the Spring Festival, cardholders should pay special attention to the final payment date of their credit cards, which is the last day of the interest-free repayment period.

Prior to this, repayments are interest-free. If the payment is overdue, all consumption payments will no longer enjoy the interest-free repayment treatment. The bank will calculate interest on a daily basis from the day when the consumption occurs, using the consumption amount as the principal. Interest is 0.05%, compound interest is calculated monthly, and late payment fees are also charged. Baidu Encyclopedia-Credit Card