Credit cards and advanced consumption have penetrated into every aspect of our lives. By 22, China has issued about 8 million credit cards, of which the total amount of credit has exceeded 15 trillion RMB. These huge data all prove that people have begun to get used to using credit cards as an important payment method.

but can credit cards really meet all our consumption needs? Some people still have doubts about this payment method. Because there is an important question, that is, if you use a credit card to overdraw every month but repay on time, will your personal reputation be affected? Will banks freeze credit cards because of frequent overdrafts?

before worrying about whether the credit card will be frozen, we should first know what the nature and function of the credit card are. Credit card is a kind of payment card that can advance the full amount of the bank in advance, and the cardholder can have a certain credit limit and enjoy the function of spending first and then repaying.

1.

Credit cards provided by major banks are a non-cash payment method, and there is no need to spend or pay cash when spending. Credit card is equivalent to a tacit credit medium between banks and cardholders, which is generally provided and issued by major banks. The concept of credit card first appeared in the late 19th century. Nowadays, credit cards are also divided into ordinary cards and gold cards according to different personal assets.

Compared with ordinary bank debit cards, credit cards do not provide deposit service or function. Most credit cards can enjoy an interest-free period of several tens of days. Once this date has passed, interest will be charged according to the percentage of the arrears.

2. Credit card

And before thinking about whether a credit card will be overdrawn, we should be clear about the classification of credit cards. Credit cards can be divided into credit cards and quasi-credit cards according to the credit limit of the cardholder. Among them, credit cards are provided to most working-class people with good credit status. Credit card holders have a corresponding amount and can fully enjoy the treatment of spending first and then repaying.

3. quasi-credit card

and quasi-credit card requires the cardholder to pay a certain amount of reserve fund to the issuing bank in advance. After all the pre-existing reserve funds are spent, part of the credit line in the bank card can be overdrawn according to the regulations, but the overdraft amount will be charged with interest on a daily basis, and there is no interest-free period. However, at present, there are relatively few quasi-credit cards on the market, and most people still use credit cards.

The credit card overdraft problem that we are generally worried about is actually not as serious as we thought. Because the purpose of issuing credit cards is to enable cardholders to enjoy short-term overdraft when spending.

1. Normal borrowing

There are generally two kinds of overdraft situations. The first is normal consumption in advance. Because in our daily shopping, it is likely that there will be a situation where the money in hand is just not enough, but there are things that we want to buy. So it is at this time that the credit card can provide us with an opportunity to buy things in advance.

overdraft by credit card will not let the cash flow through our own hands, but will only let the money we borrowed from the bank flow directly into the pockets of the merchants. This way of borrowing often enjoys a certain interest-free period, and many large food brands or clothing brands have preferential policies for credit cards to promote people to use credit cards for overdraft consumption.

2. Overdraft

The second way is to borrow a small amount of cash from the bank, that is, to withdraw cash from the card in advance when there is no memory in the network card. This way of overdraft is equivalent to managing bank loans, but the amount that can be borrowed is small and there is no interest-free period. This kind of overdraft withdrawal method will charge five ten thousandths of the total overdraft amount every day, and a certain handling fee will be charged when withdrawing. If it is not because of special circumstances that cash is urgently needed, try not to use overdraft to withdraw cash.

after knowing the meaning of overdraft, we will find that, in fact, banks are very willing to see us overdraw money from credit cards in advance. Because normal consumption in advance can promote the economic market, and overdraft withdrawal can also help banks make profits by charging interest. Therefore, banks will not freeze credit cards because of overdraft.

1. Don't worry about repayment on time

If we can repay the credit card overdraft on time every month, we won't have to worry about freezing, but we can also get some discount benefits. Moreover, timely repayment will also help to improve the credit rating, and it will be easier to get bank funding when large loans are needed in the future.

2. You need to pay extra interest when it expires

However, if you can't pay off the credit card in time, you won't be able to overdraw the credit card the next month. Moreover, the bank will regularly urge cardholders to repay quickly, and cardholders also need to pay more interest according to the amount of overdraft and the number of days of overdraft. Therefore, as long as you can borrow and repay on time, you don't need to worry about financial disputes.

3. under what circumstances will the credit card be frozen

of course, there is also the risk that the credit card will be frozen. If the credit card is overdue for many times and the overdue situation is serious, the bank issuing the credit card will freeze the credit card and report it to the central bank's credit information system, which will affect the difficulty for cardholders to apply for loans when buying a house or a car in the future.

if the credit card is at risk of being stolen, the bank will also take the initiative to freeze the bank card to ensure the security of the cardholder's funds. If the credit card is swiped in a large sum or swiped in two places on overseas websites continuously, the bank will determine that the usage data of the credit card is abnormal.

4. what to do after freezing

if the credit card is frozen due to the above or other circumstances, the cardholder can choose to trace the source first and find out the reason for freezing. If the amount is frozen because it is overdue for too long, you can call the credit card center of the bank and explain your overdue situation. The bank will unseal the credit card as appropriate after verifying the facts.

if your credit card is stolen, you can quickly contact the relevant bank to apply for bill adjustment and find out where your credit card was stolen. After the matter is solved, you can reissue your credit card and change your password. No matter what causes the credit card to be frozen, you can contact the issuing bank of the credit card first to solve the problem through negotiation.

Credit card is a double-edged sword in modern society. If used properly, it can help us to buy new goods. However, if it is not used properly, there will be concerns about affecting credit or freezing credit cards.

But if we can repay the loan on time, we don't have to worry that credit cards will bring disadvantages to our lives. Do you have the habit of using credit cards? Can you repay the money you owe on time every month?