The first reason is very common. The recovery time after credit card repayment is related to the transaction type. For example, if a credit card transaction is successful, the credit limit is usually recovered in real time. However, if the cash withdrawal transaction is successful, many banks will not be able to recover their credit lines until the next day. If the credit card is repaid on the same day, it can't be swiped again. There are also those who have used the temporary quota, which cannot be restored after the temporary repayment, and only the fixed quota can be restored.
The second reason is that credit cards can't be swiped by the wind. This is not a general risk control, but the bank stops paying for credit cards, such as freezing the card. Even if there is more credit in the card, the bank can't swipe the card anyway before the risk control is lifted, but it is mostly because the cardholder's transaction is abnormal and the credit card is suspected of cashing out. Unless you can provide real proof of consumption, it is difficult to cancel.
The third reason is the merchants who brush the heavens, that is, the blacklisted merchants of the bank. For this kind of merchants, banks will not give points, which will limit credit card swiping. For example, some banks only let them brush 2000 yuan a month, and if they exceed the quota, they will fail to swipe their cards. Some of them will not be able to brush a penny. In this case, it is best to change a payment method, such as Alipay, WeChat scan code payment and flash payment.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standard for public services was formally implemented, and the English names of credit cards were specified.
Credit card consumption is a non-cash transaction payment method, and there is no need to pay cash when spending, and repayment is made on the billing day.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
The main features of credit cards:
Credit card is one of the fastest-growing financial services, which can replace the traditional cash circulation to a certain extent.
Credit cards have both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;
Credit card is a high-tech product integrating financial business and computer technology.
Credit cards can reduce the use of cash and money;
Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;
Credit card can simplify the collection procedures and save social labor;
Credit cards can promote commodity sales and stimulate social demand.
Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.
The application method is generally by filling in a credit card application form, which generally includes the applicant's name, basic information, economic situation or income source, guarantor and its basic information. And submit some copies of certificates and vouchers to the issuing bank.