Credit cards have no principal, only limit, which can be checked on mobile banking, at an ATM machine, or at the counter.

1. Consequences of overdue credit cards

1. After the credit card is overdue for a long time, if the bank fails to press the payment or cannot contact the cardholder, it will not only call the bank but Family members will also call the emergency contact they filled in when they applied for the credit card to ask everyone to help inform the cardholder and ask them to repay the loan as soon as possible, otherwise they will face the consequences of being sued.

2. After the credit card is overdue, the bank will ask the cardholder's spouse to help repay the loan, because according to Article 17 of Chapter 3 "Family Relations" of the "Marriage Law of the People's Republic of China", The property acquired during the marriage relationship belongs to both husband and wife jointly, and correspondingly, the debts incurred are also jointly borne.

2. Credit card

1. Credit card, also called credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

2. Credit cards stipulated in the relevant laws of our country ("Interpretations of the Standing Committee of the National People's Congress on Relevant Credit Card Provisions") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, An electronic payment card with full or partial functions such as transfer settlement, cash deposit and withdrawal, etc. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is Credit Card.

3. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

4. Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

On May 25, 2021, the Supreme People's Court issued and implemented the "Regulations of the Supreme People's Court on Several Issues in the Trial of Bank Card Civil Disputes".

3. Will you call your family if your credit card is overdue?

Whether the bank will call your family if your credit card is overdue depends on the overdue time and the attitude of the cardholder. If the credit card is overdue for more than three months, the cardholder cannot be contacted or directly refuses to pay back. If the card holder is repaying the card, the bank will call his or her family members and ask them to contact the cardholder to urge them to repay the card, or directly ask their family members to help repay the card.