what should I do if my credit card (debit card) is suspended?

the use of credit cards (debit cards) is suspended. If there is a risky transaction, as long as relevant certification materials can be submitted to prove that the transaction is normal, the risk control can be lifted and the right to use credit cards (debit cards) can be restored. Because the card is suspended due to overdue, the user must first pay off the overdue arrears and then apply to the bank to cancel the suspension. At this time, the bank will decide the recovery time of the card according to the overdue situation of the user.

in fact, the card will be suspended only when the user triggers the bank's risk control, but it will not be suspended if the card is used normally.

What should I do if the credit card is suspended?

There are two main types of credit card suspension. If it is overdue for more than three months, all the arrears should be paid back. If the credit card is stopped because the bank suspects that the consumer transaction is abnormal, the cardholder can call the issuing bank.

Case 1:

The credit card is suspected by the bank that the consumption transaction is abnormal and may be attacked by hackers or other criminals. For the safety of the cardholder, the bank freezes the credit card.

solution: in this case, if the credit card is stopped, the cardholder can call the issuing bank and ask the bank to reissue the credit card. After getting the new card, the card will be opened directly and the original credit card will be cut off.

Case 2:

The credit card has been overdue for more than three months, and the issuing bank has the right to unilaterally disable the credit card. In addition, in this case, even if the credit card is stopped, the late payment fee and interest still exist in the cardholder's bill will continue to increase. If the amount reaches the bank's regulations, the bank can hold the cardholder, and if the amount is large, the cardholder will be punished.

Solution: Therefore, if the credit card is stopped, the cardholder had better pay back the full amount owed on this credit card. At the same time, in order to avoid the blacklist of credit records, it is best to reactivate this credit card, repay it on schedule, and use the continuous period to offset the original bad credit record. Otherwise, the cardholder can not only apply for other credit cards, but also apply for financial loans such as mortgage.

What should I do if the credit card is stopped?

The suspension of the use of the credit card does not completely mean that the card is blocked. The main reason is to find out the reasons. There are three common situations:

1. The credit card is overdue

Many banks will control the credit card if it is overdue for more than one month, and some will not directly block the card, but will suspend the use. You can't swipe your credit card if there is a limit. It's best to pay off the arrears immediately, and then call the customer service to apply for lifting the restriction. As for whether this can be lifted, it is not guaranteed.

When you make a phone call, you should say that you are not maliciously overdue, give reasons for the bank's approval, such as being on a business trip in other places, the company has delayed paying wages, etc., and then guarantee to repay on time in the future. For the sake of daring to admit your mistakes, the bank may resume the use of credit cards in addition to the normal use of cards.

2. Irregular card use

In fact, it means cashing in by credit card. The system compares the time, amount and merchant type of card use according to previous card use behaviors. If the transaction is found to be abnormal, such as swiping the card during abnormal business hours, and the amount of card swiping and merchant type are not equal, the credit card will be suspended.

in this case, if you can't provide proof of relevant consumption vouchers to dispel the bank's doubts, it will be a real card closure, and the bank will not give a card for recovery.

3. The transaction is risky

For example, if some cardholders empty their credit cards at one time, or there is a transaction in different places, the bank will also suspend the use of the credit cards in order to ensure the safety of funds. Usually, they will call to verify whether they have spent money by themselves. After verification, they will resume the use of the credit cards.

You can also call the bank to apply for restoring your credit card, and make it clear to the bank that you are using the card yourself. The bank will resume using the card within 2 working days.

credit card limit, also known as credit card available limit, refers to the maximum amount that you can use with your credit card, which includes the credit limit (that is, the maximum credit card overdraft limit) and the amount deposited in the credit card.

the amount of any credit card depends on the effective income provided by the individual in the application process and the guaranteed value of the assets. The credit limit of a credit card is positively related to the income and secured assets of the applicant, that is, the higher the income and secured assets, the higher the credit limit. Therefore, the applicant must provide proof of income, provident fund social security, and asset guarantee statement. Asset guarantee includes fixed assets such as real estate and automobiles, as well as current assets such as savings and bonds.

1. Continuous and frequent credit card spending

Sustainability refers to the long-term credit card spending, and it is best to generate credit card spending quota every month for more than three months in a row, instead of using it for a while and then freezing it for a long time.

Frequency means spending money by swiping the card wherever possible, regardless of the amount. The more times and businesses you swipe the card, the better. If you swipe the card at one time, it is easy for banks to think it is suspicious and it is difficult to raise the amount.

second, pay attention to the amount of credit card and temporary withdrawal

pay attention to the amount of credit card and make full use of temporary withdrawal.

third, stick to the application and seize the opportunity to apply

stick to the application and seize the opportunity to apply, two-pronged. For credit card users, you can insist on applying by telephone to increase the credit card limit, because different customer service or staff members have slightly different attitudes and principles in handling this application. Maybe the last one failed and the next one passed, and the record left by insisting on telephone application will also help to apply for the amount increase in the future.

fourth, use the card cancellation threat or sleep pause

use the card cancellation threat or sleep pause. When you apply for it many times and are rejected, you can consider using this trick. Just tell the customer service or staff of the bank directly that if the credit card limit can't meet the actual needs, you will consider canceling the card. It is best to present some facts, of course, the attitude should not be too bad, and it is best to be soft and hard, so that it is easy to get room for discussion and negotiation.

This is the end of the introduction about how to stop using credit cards and how to resume using credit cards. Did you find the information you need?