1. collection of overdue penalty interest: if the cardholder fails to pay within the time limit, CITIC Bank will generally collect overdue penalty interest at the daily interest rate of .5% until the payment is completed.

2. Credit stain: After the cardholder exceeds the repayment grace period, CITIC Bank will truthfully upload the overdue records to the Credit Information Center of the People's Bank of China, resulting in bad credit records.

3. Telephone or SMS collection: If the cardholder is overdue, CITIC Bank will designate a special person to collect it by telephone or SMS, and continue to call the contact number, causing troubles in life.

4. CITIC Bank sued: If the cardholder still fails to repay the money after receiving the money for many times, the bank will ask the lawyer to send a lawyer's letter to the user. Malicious overdraft of credit cards, urged by banks not to return them, constitutes the crime of credit card fraud.

1. Precautions for new users to apply for online credit card of CITIC Bank:

1. Enter the mobile phone number correctly, and keep the mobile phone in the SMS receiving state, so as to receive SMS verification code during the application process.

2. You need to fill in all the required information accurately and completely so that the bank can better approve the quota for you.

3. Filling in unnecessary information will help the bank to evaluate your credit more accurately and get a higher approval limit.

4. regions need to be applied in the options of some provinces and cities, and network applications do not support applications outside provinces and cities.

2. When using CITIC Bank's credit card, you should pay attention to the following:

1. When swiping the card, do not put the card out of the cardholder's sight to avoid misuse or theft;

2. Please don't sign blank or unfilled bills at will;

3. Before signing, please confirm whether the card number and amount listed on the bill are correct, and pay attention to whether the words and figures of consumption currency and amount are correct;

4. when using a credit card, you must sign to confirm the consumption. Generally speaking, you don't need to show your ID card or enter your password.

5. However, please cooperate in the following situations: Due to the operating standards, some city POS machines still need to enter passwords, and cardholders can enter 6 digits at will. If you consume or buy a large number of variable goods, it is recommended that cardholders enter an accurate ATM private password (such as installment payment in shopping malls).

6. If it is necessary to rewrite or cancel the signed bills due to errors, please ask the merchant to tear up all the original signed bills and keep the return certificate provided by the merchant to avoid future disputes;

7. after signing, please confirm that the credit card returned by the salesperson of the special merchant is indeed the cardholder's own credit card;

8. after the transaction is completed, please keep the cardholder's copy for checking with the credit card statement sent by the bank.