When a credit card is frozen, the consequence is that the credit card holder cannot use the credit card for payment, transfer settlement; the card holder needs to repay the loan or debt owed in a timely manner; and may be required to pay late fees and overdue repayments. Interest and other expenses on the loan.

Legal basis

Article 242 of the Civil Procedure Law of the People's Republic of China

The person subject to execution fails to perform in accordance with the execution notice For obligations determined in legal documents, the People's Court has the right to inquire from relevant units about the deposits, bonds, stocks, fund shares and other property status of the person subject to execution. The people's court has the power to seize, freeze, transfer, and change the value of the property of the person subject to execution based on different circumstances. The property inquired, seized, frozen, transferred, and valuated by the People's Court shall not exceed the scope of the obligations that the person subject to execution shall perform. When the people's court decides to seize, freeze, transfer or change property, it shall make a ruling and issue a notice of assistance in execution, and the relevant units must handle it.

Article 244

If the person subject to execution fails to perform the obligations specified in the legal document in accordance with the execution notice, the people's court has the right to seal up, detain, freeze, auction, or sell the person subject to execution A person shall fulfill his obligations as part of his property. However, the daily necessities of the person subject to execution and his dependent family members shall be preserved. To take the measures mentioned in the preceding paragraph, the People's Court shall make a ruling.