Credit card suspension refers to a measure by a bank or credit card institution to suspend or terminate the cardholder's right to use a credit card. Generally speaking, the reason why a bank or credit card institution suspends a card may be that the cardholder fails to repay the card overdue, is in arrears, the credit card is stolen, or there are abnormal transactions. At the same time, some banks or credit card institutions will suspend the use and services of credit cards during system maintenance. This situation is called "planned card suspension."

Be fully aware of the consequences of credit card suspension

Credit card suspension will cause the cardholder's credit score to drop, affecting the success rate of future credit applications and banking services. In addition, if the balance is not paid off after the card is suspended, a certain amount of interest and late payment fees will be incurred. If the card is suspended due to fraud or abnormal transactions, the cardholder needs to contact the card issuer immediately for appeal and resolution to avoid unnecessary losses.

The most effective way to avoid credit card suspension is to repay on time, do not overdue or be in arrears, and pay attention to the calculation of the credit card repayment date and repayment amount. In addition, when using a credit card, ensure the security of the credit card, change the password regularly, and do not disclose the password to others. If you discover an unauthorized transaction or a problem with it, you should contact your card issuer as soon as possible and seek assistance. If a cardholder has not used their credit card for a long time, they may consider using it regularly to keep their credit card account active.