Reasons for credit card deactivation:
1. The bank thinks that the transaction of the credit card is abnormal and may be attacked by hackers or other criminals, so for the safety of the cardholder, the bank will freeze the credit card, which will cause the credit card to be deactivated.
2. Another reason is that the cardholder fails to repay the loan on time for more than three consecutive months, so the issuing bank has the right to unilaterally disable the credit card.
In this case, even if the credit card is deactivated, the cardholder's bill will still exist, and the late payment fee and interest will continue to increase. If the amount reaches the bank's regulations, the bank can sue the cardholder and the cardholder with a large amount will be punished.
processing method for credit card deactivation:
1. If the reason for credit card deactivation is the first one, the processing method is as follows: the cardholder can call the issuing bank and ask the bank to reissue the credit card, and then open the card directly after getting a new card, and at the same time cut off the original credit card.
2. If the reason for the suspension of the credit card is the second one, then the solution is as follows: after the credit card is suspended, the cardholder had better pay back the credit card in full, and at the same time, in order to avoid the blacklist of credit records, it is best to reactivate the credit card and repay it for 24 consecutive periods on schedule to offset the original bad credit records.