Article 196 of the "Criminal Law" stipulates: Whoever commits credit card fraud in any of the following circumstances and 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. A fine of not more than 200,000 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 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances, A person shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) Using a forged credit card, or using a credit card fraudulently obtained with false identification; (2) Using an expired credit card; (3) Pretending to use another person’s credit card; (4) Malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank. Anyone who steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law. The latest credit card fraud methods include the following:

1. Apply for high-limit credit cards on your behalf

Try not to ask an intermediary to apply for a credit card, because if you encounter a scam intermediary, some of the personal information you submit will , may be used by these so-called intermediaries to do other illegal things, or may use your information to apply for a credit card for their own use, which means that they use your card to make purchases, and you have to repay it for them. Therefore, it is recommended that cardholders should go to the bank counter or official website to apply for a card.

2. Pretend to be a bank employee to increase your credit limit and steal information

Even if a bank employee calls to help you raise your credit limit, they will not ask you for important information about your personal or bank card. At most, it is just to verify your identity, so I would like to remind all cardholders that when you receive a call or text message claiming to be from the customer service of the credit card center, you should be more vigilant. If you are not sure, you should call the bank to confirm to prevent being deceived and regret later. It's late.

3. Phishing website

These criminals will also use fake base stations to send website links to users, and once you click to enter, you will basically be tricked, including your bank card information. The possibility of leakage is extremely high, resulting in a high risk of credit card theft.