because your credit card is a personal card, if the consumption purpose does not meet the personal consumption purpose, and the long-term large-scale consumption is used for business activities such as purchasing and purchasing goods, then the bank can monitor it. The bank will freeze your credit card considering the risk of funds.
as long as you are spending normally, it's not illegal to swipe your POS machine, including purchasing goods. The so-called cashing refers to taking advantage of the subtle differences between the prices of the same product or nearly equivalent products in different markets. For example, you may not be able to withdraw a large amount of cash in a certain place for no reason, so you will transfer the money to other accounts first and then withdraw cash; Or it is realized; Or use a credit card, which is cash. Guaranteeing a certain sum of principal after cashing out means cashing in, which is the perfect result of cashing out. In order to achieve the goal of cashing out, the best way is to choose cashing out products selectively. For example, some stocks, gold, futures and even funds can be used as cash objects to achieve the goal of maintaining value.
Therefore, as long as you repay the loan on time and not overdue, it will not affect your personal credit system in the People's Bank of China!
whether the credit card purchase consumption is illegal or not depends on the situation. If you use a credit card to purchase goods, it is definitely illegal. If it is used normally, long-term large-scale consumption is used for purchase and purchase, and so on, the bank will find out about you. Although it does not constitute illegal, it may affect your use of the credit card, and if it is not good, you will be reduced and frozen.
Article 196 of the Criminal Law stipulates that anyone who commits credit card fraud in any of the following circumstances, 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 2, yuan but not more than 2, yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 5, yuan but not more than 5, yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 1 years or life imprisonment, and shall also be fined not less than 5, yuan but not more than 5, yuan or confiscated property: