No. Currently, credit cards can be bound to WeChat for consumption, but they cannot be used to withdraw cash, transfer money or send red envelopes on WeChat. In contrast, debit cards can be tied to WeChat Pay and used to issue red envelopes. When sending red envelopes in WeChat, the bound credit card will be displayed in gray, that is, you cannot select and pay.

This restriction stems from the "Management Measures for the Internet Payment Business of Payment Institutions" issued in September 2011, which stipulates that credit cards cannot be used for transfers or recharging to third-party platforms. In essence, the issuance of red envelopes by third-party payment platforms is a transfer behavior, so payment by credit card is not supported and can only be paid by debit card.

How long will it take for an overdue credit card to be considered a criminal case?

According to regulations, if a credit card is overdue for more than 3 months, the bank may consider it a malicious overdraft and may file a lawsuit against the cardholder. Criminal prosecution, possible criminal liability, and even possible jail time. Malicious overdraft means that the cardholder exceeds the prescribed overdraft limit or overdraft period for the purpose of illegal possession, and fails to repay the card for more than 3 months after two bank collections.

When the amount of malicious overdraft is more than 10,000 yuan but not more than 100,000 yuan, it is considered to be a large amount; when the amount is more than 100,000 yuan but not more than 1 million yuan, it is considered to be a huge amount; When the amount exceeds 1 million yuan, it is deemed to be an extremely large amount.

According to the provisions of Article 70 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks", under special circumstances, if it is confirmed that the cardholder's credit card debt exceeds his repayment ability, but the cardholder still has If you are willing to repay, the card-issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum term of a personalized installment agreement shall not exceed 5 years.