Why credit cards are frozen

Generally, it is caused by the following seven situations:

The bank card is reported lost; it is frozen; the bank card is not opened Enabled; the bank card was degaussed and unreadable; the bank card password was entered incorrectly and the card was swallowed; the bank card was canceled due to abnormal account status due to failure to swipe the card according to the specifications.

After the above situation occurs, you need to go to the counter with your card and ID card to handle the relevant business and resolve it.

If the bank card is a credit card, the card will generally be blocked if the following circumstances occur:

1. Suspected cash withdrawals lead to freezing. Frequent use of POS machines to withdraw large amounts of cash has caused UnionPay If your credit is doubtful, the bank will lower your credit card limit, and in serious cases, the bank will directly block the card.

2. The solution to multiple overdue repayments is to repay in full (the freeze will not be released before repayment), call customer service and ask for release. As a result, the credit limit may be reduced, but if the number of overdue payments is Not much, usually customer service will defrost it.

3. Second-clearance POS machine set codes and code hopping. There are currently a proliferation of second-clearance POS machines in the market. Due to some of them using the large merchant model, credit card consumption records are in a state of confusion! For example, Zhang San lives in Beijing. He made a transaction of 100 yuan in a certain store, and the bank registration information of the second-clearance POS machine used by the other party may be in another city. Once Zhang San makes purchases at the Erqing POS machines of other merchants on the same day, and encounters a similar situation, there will be records of credit card swiping in several different cities in one day, and it is very easy to be blocked by bank monitoring.

4. If your property is frozen or confiscated due to various reasons, your credit card will also be frozen. This situation is relatively rare. Solve the lawsuit first, and then consider unfreezing the credit card.

What are the reasons why bank credit cards are frozen?

Many people are suddenly notified by the bank when using their credit cards that the card has been frozen or has become a high-risk card. Logically speaking, normal use of a credit card will not result in being frozen, so what reasons will attract the attention of the bank? What are the reasons for credit card freezes?

1. If you submit information through an intermediary, your card will be blocked directly if there is any suspicion.

2. Repeated operations at the same POS machine for several months.

3. The limit of a card is 10,000. Just swipe it out at the POS machine as soon as it is activated.

4. The same card is used on the same capping machine on a fixed date every month, occupying bank funds.

5. There are transactions beyond normal business hours, such as merchants in the wholesale market having transactions after get off work hours.

6. Use Alipay too much for payment in a short period of time. For example, CITIC’s maximum single transaction is 1,000, and multiple transactions are 998, 995, 899, 999 and other similar numbers.

7. The credit card has been in a state of being empty for a long time. For example, if the repayment date enters the whole number in a short period of time, the whole number comes out, and there is no record of credit card swiping at other times or less than 2 transactions. If the background system is operated like this for several months, it will be a problem. can be detected.

8. It can also be detected if you use your own POS machine to swipe your credit card frequently.

9. Integer single transactions, such as 10000, 50000, 100050, 200040, 9998, 9995, 19999.50, 10200, 20400, 10500, 50500 are all suspected of cashing out.

10. The same card has transactions on two or more terminals within 30 minutes, regardless of success or failure, including balance check.

Related reading:

Sharing the reasons for bank credit card freezing

What operations will cause the bank credit card to be reduced

Under what circumstances will the credit card be reduced? Cards will be blocked

Cash out; frequently overdue repayments; use jump code POS machines to swipe cards; apply for credit cards through intermediaries; abnormal transactions; entering incorrect passwords three times in a row. Banks will freeze credit cards that are used illegally. Cardholders need to use credit cards in a regulated manner to avoid overdue payments and cash out.

Credit cards and bank cards have the same mechanism. As long as the cardholder enters the wrong password three times in a row, the bank will freeze the credit card. Some banks provide cardholders with the opportunity to enter the wrong password five times in a row. Generally, the card will be blocked if the cardholder enters the wrong password three times in a row.

Credit cards are consumption tools. Although credit cards have the function of withdrawing cash, they do not mainly provide loans.

Cardholders should avoid cashing out, as cashing out with a credit card is a serious violation of bank regulations. Even if the cardholder has not cashed out but is just suspected of cashing out, the bank will freeze the cardholder's credit card.

Using a code-hopping POS machine to swipe a card will cause the credit card to be blocked. When the cardholder swipes the card for consumption, the bank will charge part of the merchant's fee. However, when the card is swiped at the POS machine of a public welfare or hospital, the bank does not charge a fee. Some merchants use code-skipping POS machines to swipe their cards, and banks hate this behavior.

If a credit card is frequently overdue, it will definitely be blocked. An overdue credit card means that the cardholder's credit is not good and the bank is at risk of losing money. In order to avoid losses, banks will freeze the cardholder's credit card in advance.

Are you sure? Why is the credit card blocked?

1. If you submit information through an intermediary, your card will be blocked directly if there is any suspicion.

2. Repeated operations in the same store for several months.

3. Do not make transactions with cents, such as 5000.12, 1W.5 (liquidation is inconvenient)

4. The limit of a card is 10,000, just activate it at the POS Brush it off once on the machine.

5. The same card is used on the same capping machine on a fixed date every month, occupying bank funds.

6. There are transactions beyond normal business hours, such as merchants in the wholesale market having transactions after get off work hours.

7. Use Alipay too much for payment in a short period of time. For example, CITIC’s maximum single transaction is 1,000, and multiple transactions are 998, 995, 899, 999 and other similar numbers.

8. If the credit card limit exceeds 1W, each credit card swipe should be controlled within 60%. Do not complete the swipe on the same machine on the same day, but swipe it over several days or machines

9 2. The credit card has been in a short-term state for a long time. For example, if the repayment date is in round numbers for a short period of time, and then comes out in round numbers, and there is no record of card swiping at other times or less than 2 transactions, the backend system can detect this operation for several months.

10. It can also be detected if you use your own POS machine to swipe your credit card frequently.

11. Integer single transactions, such as 10000, 50000, 100050, 200040, 9998, 9995, 19999.50, 10200, 20400, 10500, 50500, are all suspected of cashing out.

12. The same card has transactions on two or more terminals within 30 minutes, regardless of success or failure, including balance check.

What does blocking a credit card mean? How to seal it?

Credit card blocking means that the credit card is frozen and can no longer be used. It is blocked by the bank.

There are usually reasons why a credit card is blocked. One is that the credit card is risky, the other is that the credit card is considered cashed out by the bank, and the other is that the credit card is overdue.

There are risks. For example, if you often spend money in China, but suddenly a large overseas transaction occurs, the bank will think that there is a risk of being swiped. In order to reduce losses, it will block the card. Overdue card blocking may be due to non-payment for three consecutive months, being on the bank's blacklist, or the account being used for illegal activities such as fraud, terrorist financing, etc.

Extended information:

Notes:

1. After blocking the credit card, you must repay it in full at once.

2. If the credit card is frozen due to overdue credit card, the overdue amount should be repaid as soon as possible;

3. After paying off the credit card balance, the cardholder can call the bank’s credit card customer service Center, explain the situation, and usually the bank will unfreeze it.

4. From now on, cardholders must repay every installment on time to avoid overdue payments.

5. If the bank thinks that the credit card has been erroneously blocked due to cashing out, you can go to the bank branch to submit your supporting materials, such as credit card payment notes. The blocking can usually be unblocked after presenting the supporting materials.