The meaning is as follows:

1. By continuously applying for credit cards, using the money from the next credit card to pay off the debt of the previous credit card, in an attempt to extend the debt period, this is a credit card Keep the card.

2. In order to maintain a credit card, the cardholder must first apply for two or more credit cards, and then stagger the repayment dates of several credit cards. Use the first credit card for daily consumption, and then use the first credit card for daily consumption. Before the payment deadline, use the second credit card to overdraft and withdraw cash, and then pay off the debt on the first credit card.

Extended information

Notes on maintaining a credit card

1. Credit card is a way to facilitate citizens to use non-cash transactions for physical consumption. It is absolutely not allowed and illegal for cardholders to use their own POS machines to make false purchases. It is also very dangerous for cardholders to hand over important information such as credit cards and passwords to others at will.

2. Such "card raising" behavior is actually a partnership between the cardholder and the cardholder to defraud the bank. It is prohibited by law, and the cardholder has not contacted the banker before handing over the "card raising". The cardholder signs a written agreement, and once a creditor's rights dispute occurs, it will be very difficult to pursue it.

Reference: Baidu Encyclopedia: Card Raising Clan