The credit card can't be used if it is locked. Please call customer service department to verify the current account status. The reasons for locking the card are different, and the channels for unlocking are also different.
Is it necessary to deduct the annual fee for China Merchants Bank's credit card lock?
This depends on the discount when the user applies for a credit card. In order to encourage users to apply for credit cards, some banks withdraw from activities such as exempting annual fees and handling fees. This kind of credit card, whether in use or to lock the card to suspend business. No annual fee is required.
If it is an ordinary credit card, you need to charge a certain annual fee whether you use it or handle the card locking business. Moreover, all major banks have regulations for exempting annual fees. As long as the annual fee-free credit card consumption amount is reached within one year, the annual credit card fee will be exempted. What is the specific annual consumption amount free of charge? Users can call the bank customer service.
Credit card cancellation method:
1, apply for cancellation by phone;
2. Cancellation of bank outlets: Bring necessary documents, such as ID cards and credit cards.
Extended data:
Most credit cards are locked because the cardholder fails to repay or cash out on time many times. Usually call the credit card customer service center to explain the situation and unfreeze it. If the overdue situation is not serious, as long as the credit card center confirms that you have paid off the debt, it will unfreeze it for you immediately. After thawing, your credit card can be used.
With regard to the handling of personal bad credit records, according to the Draft of Credit Information Management Regulations of the Central Bank, the longest retention period of bad credit records is 5 years, but only credit cards and 24-month records will be displayed in personal credit reports. It is recommended that the card remain active for at least 2 years after activation, so as to avoid the negative impact of bad credit records on the application for credit cards or personal loans in the future.