(1) Merchant does not support credit card collection. This situation occurs in offline shopping, mainly because the merchants have not opened the credit card collection service. At this time, consumers should pay with a savings card.
(2) The issuing bank prohibits trading. Credit cards are not allowed for some transaction types, such as transfer, online loan repayment and credit card repayment. Credit cards cannot be used for transactions.
(3) The transaction amount is limited by the credit card single payment limit. Banks generally stipulate the single maximum amount of credit card consumption. If the price of the goods purchased is high, you can't use credit cards for transactions.
Credit card application process:
(1) Application: Generally, the application method is to fill in a credit card application form, which generally includes the applicant's name, basic information, economic status or income source, guarantor and its basic information. And submit some copies of certificates and vouchers to the issuing bank. After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate. A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph. 、
(2) Information: Information includes the information of the main card holder, the information of the supplementary card applicant, the information of the guarantor, the statements and signatures of the main card applicant and the supplementary card applicant, and other information.
(3) Review: After receiving the application form and relevant materials submitted by the applicant, the issuing bank will review the applicant's credit standing. The contents of the audit mainly include whether the contents of the application form are true, evaluating the credit degree of the applicant, and auditing the relevant information of the personal guarantor.
(4) Card Issuance: After the applicant successfully applies for a credit card, the card issuer will open a separate credit card account at the card issuing bank for shopping, consumption and settlement after cash withdrawal.
(5) Card opening: Since the credit card application is sent by postal currency card after approval, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from being stolen, credit cards have card opening procedures before they are officially opened. Card opening is mainly through telephone or internet. , check the relevant personal information provided at the time of application, and go through the card opening procedures after meeting the requirements. At this time, the applicant becomes the cardholder and can officially start using it after signing on the back of the card. After a credit card is opened, it is generally necessary to set a password for the card. After accepting a credit card, a credit card merchant or bank shall review the validity of the credit card and the identity of the cardholder.
(6) Identification: The card face of the credit card has at least the following information: front: name and logo of the issuing bank, credit card type (organization logo) and holographic anti-counterfeiting logo, card number, English or pinyin name, activation date (generally calculated to month) and effective date (generally calculated to month). Chip account and card magnetic stripe account are two relatively independent accounts. Back: the magnetic stripe of the card, the cardholder's signature column (which must be signed after activation), the service hotline, the four or all digits after the card number (to prevent fraudulent use), and the credit card security code (the three digits immediately after the signature column on the back of the credit card are used for credit card activation, password management, TV, telephone and online transactions, etc. ).
(7) Authorization: The merchant and the bank confirm that the credit card is valid, and contact the bank to request authorization according to the contract signed with the issuing bank. Authorization is the amount that can be used to further prove the identity of the cardholder. Authorization is generally carried out when the usage specified in the contract is exceeded. After receiving the authorization notice, the issuing bank will issue an authorization instruction according to the balance of the cardholder's deposit account and the agreement that the bank allows overdraft, and reply whether to agree to the transaction.
(8) Use: Credit cards are usually limited to the cardholder's own use, and lending them to others is generally a violation of the use contract.
(9) Card cancellation: Before the cancellation of a credit card, the account balance must be settled, and the whole process of card cancellation should be completed within 45 days after the application.