Malicious overdraft will be sentenced to jail if it reaches a certain amount.
What is a card?
Under normal circumstances, the principle of keeping a card by card is to stagger the repayment dates of several credit cards. Before the repayment period, the first credit card is used for daily consumption, the second credit card is used for overdraft, and the debt of the first credit card should also be paid. By analogy, several credit cards are overdrawn in turn.
Is it illegal to keep a credit card?
Some card players think that raising cards and playing cards are the same thing. Raising a card is to simulate real consumption and make the bill look better, so that the bank will not only avoid risk control, but also help to increase the quota.
Indeed, it is not illegal to raise a card in this way, but there will be a demand for cashing out when it is raised to a certain amount, and cashing out a credit card itself is illegal. Those who maliciously overdraw to a certain amount or more will be sentenced to jail. At the same time, if the bank or credit card company finds out that the card is raised by the card, it will be recorded in the credit blacklist, and some bank wealth management services will not be available in the future. If you can't get a loan, you can't mortgage it.
Secondly, from the operational point of view, the amount of liabilities for card maintenance is snowballing, and the liabilities of all cards will only increase rather than decrease. When this snowball rolls to the credit limit of a card, you will pay the price, so even if it is not found by the bank, it will not last long. It really doesn't make much sense, just send a handling fee to the cash-out service company. Therefore, raising a card with a card can only be a temporary emergency, not a long-term solution.
Credit card maintenance is popular among urban white-collar workers, mainly by asking others to pay the overdraft fee of the credit card and then making false consumption, so as to ensure that the credit will not be damaged. "Raising a card" is actually a cash-out behavior, which is prohibited by law.
Illegal card-raising behavior: it is mainly to ask others to pay the overdraft fee of the credit card by paying the handling fee, and then make false consumption, so that the credit will not be damaged. Bankers reminded that "raising cards" can easily lead to the disclosure of credit card information and be used by criminals for profit.