What should I do if my credit card can't be pre-authorized?

Go to the bank branch counter and apply for the pre-authorization service of my credit card. After the pre-authorization service of the credit card is opened, the pre-authorization of the credit card can be started and a part of the funds can be frozen as the deposit. On the surface, the merchant brushed away the pre-authorization amount, but in fact, the funds are still in the user's credit card account, just frozen. After that, when the user goes through the "pre-authorization completion" procedure for settlement, the remaining frozen amount will be unfrozen by the bank after deducting the actual consumption amount of the user. It should be reminded that credit card pre-authorization has a 3-day period. If the settlement is not completed within 3 days, it will be automatically cancelled by the bank. In addition, credit card pre-authorization also has certain risks. Due to its time difference, it may lead to the theft of credit cards. It is recommended not to blindly use the pre-authorization service of credit cards.

what is credit card pre-authorization?

the so-called pre-authorization refers to the transaction in which the card issuer or its agent confirms the license to freeze the amount before the cardholder pays. In other words, pre-authorization refers to the transaction that the card issuing department needs to make a promise to the merchant for future payment because the consumption amount is uncertain when the customer consumes. The amount of the pre-authorized transaction will be frozen, and it is not allowed to participate in other transactions until the pre-authorized settlement of the corresponding transaction occurs. Pre-authorization of credit card is a transaction in which the issuing institution or its agent confirms the permission to freeze the amount before the deduction of the special merchant. Pre-authorization will occupy the credit line of the card. When the customer settles the pre-authorization, the pre-authorization will be cancelled. \ Within 3 days after the pre-authorization, if the customer fails to make settlement, the pre-authorization will also be cancelled. Under normal circumstances, pre-authorization can only be completed by credit card, but some banks such as China Merchants Bank can also use debit cards for pre-authorization. \ For example, hotels and restaurants often ask for a certain amount of cash as a mortgage for consumption and accommodation. If pre-authorized, the cardholder will confirm the signature after swiping the card at the front desk, and a part of the funds in the card will be frozen, which is about 115% of the estimated consumption. When the cardholder leaves, if the credit card is used to settle the consumption with the merchant, the merchant will cancel the pre-authorization and unfreeze. If the cardholder finally settles in cash, then remember to ask the merchant to cancel the pre-authorization on the POS terminal. If it is not cancelled, this part of the freeze will not be automatically lifted until 3 days later. In addition to booking hotels, the pre-authorization of bank cards can also be used to book air tickets online at present. In fact, pre-authorization is to freeze part of the funds, which is equivalent to paying part of the deposit. According to the staff of the bank, as it is mainly used for deposit consumption, the current pre-authorization business mainly focuses on hotel and air ticket reservation. \ It is necessary to remind cardholders that when pre-authorization is swiped, they should carefully check the signing form printed by POS machine. If pre-authorization is swiped, it will be clearly marked in the transaction type column, and then signed after confirmation. Common sense of using credit card \ Credit card is not just a card, but actually a carrier of early consumption, which allows cardholders to spend without cash, and also has many functions such as instant cash withdrawal and online payment. In order to promote credit cards, all major banks are now free of the annual fee for the first year, giving gifts for consumption and giving gifts for points, ranging from key chains to computer TVs. However, when the bank gives you a gift, it usually stipulates the time limit for using the card. About application: Now it is relatively simple to handle credit cards, just provide your address, work certificate and a copy of your ID card, and credit cards are becoming more and more perfect and attractive from business functions to design, so many friends open their wallets with cards. When you use it, you just take a card and spend it. When you repay it, you find that you don't know which card to return. As a result, you owe money and add unnecessary burden. Maybe many friends are worried about it. About annual fee: Free annual fee in the first year does not mean free annual fee. Once the credit card is activated, even if it has never been used, an annual fee will be charged if it exceeds the free life. If the cardholder fails to pay the annual fee on time, the bank will automatically deduct it from the cardholder's credit card associated account. If the balance in the associated account is insufficient to pay the arrears, it will be treated as overdraft consumption. After the interest-free period expires, overdraft interest and late payment fees will be charged according to the regulations. At present, all banks have introduced the discount of unlimited credit card spending for six times, which can exempt the annual fee of that year. The most important thing is that you can use this time to choose the credit card that suits you to meet your own needs. \ About use: Usually, one or three credit cards can meet your needs. For those who already have multiple credit cards, you should choose one or three cards with convenient repayment, good service quality and comprehensive functions. For friends who often go out to work, they can apply for a credit card with hotel discount and air mileage points and a credit card with discounted goods consumption. Fashion friends can choose cards that compare trends and personalities. In short, when applying for and using a credit card, please choose the one that suits you and your own needs, and do what you can according to your own financial situation, so as to prevent unnecessary troubles. \ About repayment: Under normal circumstances, you can make repayment at the counter of the bank's outlets. If you don't have time to go to the bank for repayment due to busy work, you can choose the additional functions of credit card (such as automatic repayment function of associated card, telephone and online bank repayment, etc.) for repayment transaction. If you don't repay the loan on time, the bank will charge interest and late fees according to the regulations. If the long-term arrears are unpaid and the dunning is invalid, the bank will input personal information into the national personal credit information system, which will have an impact on your future personal loans and application for other credit cards. About security: the security of credit card consumption has not attracted many people's attention, but credit card fraud incidents have occurred from time to time. At present, many banks have introduced several consumption modes: there is a signature mode, and you can also choose the payment mode of password plus signature. In this case, the cardholder's funds are guaranteed to a certain extent. But in the daily consumption process, it is important for the group to protect the security of your password and card. When the consumption is completed, pay attention to check your consumption list in time. When you enter the password > 1 time, please check the transaction list the next day to prevent repeated transactions.

how to complete the pre-authorization of bank cards?

Pre-authorization of bank card means that when the cardholder consumes in a merchant, the cashier of the merchant applies for authorization from the card issuer according to the cardholder's demand and the estimated consumption amount, and the card issuer gives a response according to the customer's account. For the approved application, the credit limit (credit card) or deposit amount (debit card) in the cardholder's bank card will be temporarily frozen as a deposit, and after the cardholder's consumption is officially completed, the merchant requests the card issuer for formal liquidation according to the actual consumption amount. Generally speaking, the frozen amount cannot exceed 115% of the pre-authorized transaction amount.

Pre-authorization business refers to the business in which a special merchant obtains a payment commitment from the card issuer that does not exceed a certain proportion of the pre-authorization amount within 3 days, and accepts it from the card issuer after the card holder obtains the goods or accepts the service.

how to pre-authorize bank cards

at present, pre-authorization business is widely used in hotel reservation and car rental. Whether it is a credit card or a debit card, pre-authorization business can be carried out. However, credit cards need to have sufficient overdraft amount and debit cards need to have sufficient account balance.

Experts said that pre-authorization only takes up the quota, and when the transaction is confirmed without "pre-authorization", the merchant can't ask the bank for payment, so there will be no handling fee and interest. When the consumer makes a formal settlement of the "pre-authorization", the "pre-authorization" will be cancelled, and the funds frozen by the "pre-authorization" will automatically enter the cardholder's account, which will generally be returned to the account within 24 hours. Consumers can ask merchants to cancel the "pre-authorization" directly when they check out, and the credit line can generally be restored immediately. If the "pre-authorization" is not cancelled in time, the bank will automatically cancel the frozen line after 3 to 45 days. However, that part of the "pre-authorization" funds that was frozen during this period cannot be used.

The experts warned that the risk degree of "pre-authorization" transaction is the same as that of ordinary credit card consumption. In order to avoid losses, if the customer wants to cancel the reservation, he must go through the cancellation procedures with the hotel or agency before the specified time, and ask for the cancellation number as the cancellation certificate. Otherwise, the merchant will deduct the corresponding room rate according to the agreement, in which case it cannot refuse to pay.

what if the credit card limit is not enough for pre-authorization of car rental?

no, as long as your credit card is not overdue, just call the bank and ask him to increase your temporary limit.

you can spend directly after raising it to 5.

of course, this is a temporary quota, and the quota will fall back to 3 yuan next month.

Pre-authorization of credit card

You can pre-authorize as long as it is within your credit limit. If you want to exceed your current credit limit of 5, yuan, you have to apply to the bank credit card center (service hotline) and get approval before you can authorize it.

What should I do if the credit card limit of China Bank is ?

The credit limit is comprehensively evaluated based on the information you fill in and the relevant supporting documents provided when you apply for a credit card. If it is a -line card, please bring your valid ID card and financial proof to the counter to apply for the line. The financial proof includes the real estate, car production, salary certificate (details in the last three months), complete tax payment certificate, employment certificate (official seal or financial seal of the company is required), etc., which is subject to the counter.

the above contents are for your reference. please refer to the actual business regulations.

Let's stop here for the introduction of how to pre-authorize the credit card limit of .