The bank will not take back the credit card, and the usual measure is to freeze it.

Generally speaking, credit cards will be frozen in the following three situations:

First, the credit card owes too much, but the cardholder fails to repay it in time. In this case, In this case, the bank will freeze the cardholder's credit card account;

Secondly, the cardholder's credit card account will be frozen after the cardholder applies for a loss report;

Thirdly, installment payment , the installment amount will be frozen, but the frozen amount will be unfrozen one by one with the repayment of each installment.

Extended information:

Main features:

1. It is not encouraged to deposit cash in advance, consume first and repay later, enjoy the interest-free repayment period, and can make installments independently Repay (there is a minimum repayment amount), and join international credit card organizations such as VISA, Master Card, JCB, etc. for global use.

2. It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation within a certain range. It has both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using their credit cards.

3. It is a high-tech product that integrates financial services and computer technology.

4. It can reduce the use of cash currency.

5. It can provide settlement services to facilitate shopping and consumption and enhance a sense of security.

6. It can simplify the collection procedures and save social labor.

7. It can promote product sales and stimulate social demand.

Baidu Encyclopedia-Credit Card