In the mild case, failure to repay credit cards will affect personal credit records, and high consumption will be restricted by relevant units, causing inconvenience to life; in serious cases, it will constitute a malicious overdraft on the credit card, and the crime of credit card fraud will be established. If the amount is relatively large, the person shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan. The larger amount refers to the amount of more than 10,000 yuan but less than 100,000 yuan.
Legal basis:
Article 196 of the "Criminal Law of the People's Republic of China"
Malicious overdraft of credit cards and credit card fraud, if the amount is relatively large , shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan.
Article 6 of the "Interpretations of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases Affecting the Management of Credit Cards"
The cardholder, for the purpose of illegal possession, exceeds An overdraft with a prescribed limit or time limit and which has not been repaid for more than three months after being called upon twice by the card-issuing bank shall be deemed to be a "malicious overdraft" as stipulated in Article 196 of the Criminal Law.
A malicious overdraft, if the amount is more than 10,000 yuan but less than 100,000 yuan, shall be deemed as a "larger amount" as stipulated in Article 196 of the Criminal Law; if the amount is more than 100,000 yuan but less than 100,000 yuan If the amount is 10,000 yuan, it shall be deemed as a "huge amount" as stipulated in Article 196 of the Criminal Law; if the amount is more than 1 million yuan, it shall be deemed as an "especially huge amount" as stipulated in Article 196 of the Criminal Law.