Why can’t the credit card be used?

The credit card cannot be used, which may be caused by the following reasons: abnormal credit card status, such as card blocking, risk control, freezing, etc.; credit card settings If the card swiping limit has been exceeded, swiping beyond the limit is not allowed, the merchants for transactions are restricted, and the user can only swipe the card for consumption at designated merchants, the card is damaged and cannot be read normally, etc. Therefore, there are many reasons why the credit card cannot be used. If the user encounters the problem of not being able to use the card, he can directly contact the customer service of the card-issuing bank, and the customer service will help the user solve the problem in time.

1 Credit card is frozen

The bank system will monitor the credit card based on the use of the credit card. If an abnormality is found in the credit card, the system will freeze the credit card to reduce the cardholder's losses.

2 Transactions are risky

When using a credit card to make a purchase, if the bank detects that the transaction is risky, the bank will not allow the credit card to complete the transaction in order to prevent the risk. , causing the credit card to be unable to be swiped for consumption.

3 Transaction Limits

Credit cards have daily transaction limits. If the credit card is swiped too many times that day and the credit card daily limit has been reached, then when the card is swiped again for consumption, it will cause Credit card cannot be swiped.

4 Chip damage

When performing a credit card transaction, the credit card relies on the chip on the credit card to complete the transaction. If the chip is accidentally damaged on the credit card, the credit card transaction cannot be completed. , you can only continue to use it by changing your credit card. Personal credit cards can only be used by the cardholder for daily consumption. Credit card overdraft funds (including installment products) can only be used for consumption purposes that comply with legal regulations and cannot be used in the real estate industry (including but not limited to the purchase of houses and parking spaces), production and operations, and stocks. Investments such as bonds, funds, etc. shall not be used to repay loans, credit cards, IOUs, etc., and shall not participate in any illegal financing, lending, gambling, etc. Previously, Minsheng, Ping An, CITIC, Everbright, Agricultural Bank of China and other banks have successively issued announcements clarifying the use of credit card funds, clearly stating that personal credit card overdrafts should be used in the consumption field, and shall not be used in non-consumption fields such as production, operation, investment, etc., including house purchases, Securities investment, financial management, other equity investments and other prohibited fields, etc.

What's wrong with credit card swiping?

The number one reason why credit card swiping fails is insufficient credit. When the POS machine prompts "wrong password", it must be that the credit card transaction was entered incorrectly. Password.

Long-term non-repayment, fraud risk and other reasons may cause the card to be locked; magnetic stripe cards are often placed together with mobile phones and other electronic products, which may cause degaussing? Similar situations may cause the card to become abnormal. , causing the transaction to fail.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the specified credit limit. The so-called credit card generally refers to a credit card only.

A real credit card has the following characteristics: it is not encouraged to deposit cash in advance, consume first and repay later, enjoys an interest-free payment period, can repay in installments independently (with a minimum repayment amount), join VISA, MASTER Wait for international credit card organizations to make it universally applicable.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed.

Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank.

After the customer fills in the application form truthfully, he or she must also submit relevant credit certificates while submitting the completed application form.

The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature.

After receiving the application form and relevant materials from the applicant, the card-issuing bank must review the applicant's creditworthiness. The content of the review mainly includes whether the content of the application form is true. For the applicant, the creditworthiness of the applicant must be assessed. For individuals, the relevant circumstances of the guarantor must also be reviewed.

The credit card has available limit, but the card cannot be swiped. What's going on?

1. Credit card information cannot be read. Currently, the most popular credit cards are magnetic stripe cards and chip cards, which involve the problem of magnetic stripe and chip failure. Generally, credit cards have been scratched and damaged if they have been used for too long. This situation may cause the magnetic stripe and chip to fail, and the invalid credit card information cannot be read, causing credit card abnormalities. In this case, the cardholder can only ask the issuing bank to replace the card. Generally, replacement of the credit card requires a certain fee.

2. Credit card payment is restricted. There are many reasons why credit card payment is restricted, including the credit card payment amount exceeding the single/day/month limit, insufficient credit card limit, credit card being frozen, etc. In this case, The card can only be swiped after the influencing factors have been resolved based on specific reasons.

3. Abnormal credit card transactions: The bank will monitor and identify credit card swiping, payment and other behaviors. Once the transaction is abnormal, a prompt will be issued. Abnormal credit card transactions may be caused by fraud, such as being out of town in a short period of time. Large-value transactions may be judged as fraudulent by the bank, and an abnormal credit card transaction prompt will be issued to the cardholder.

Bank card activation method:

1. Telephone activation: dial the bank customer service number, press "1. Chinese Service", press "6. Bank Card Service", press "1. Card application and card activation", press "1. Card activation", press "1. ID card activation", enter the bank card to be activated, enter the ID number, enter the bank card validity period, and set according to the voice prompts Or enter the password, and the system prompts that the bank card activation is successful.

2. Counter activation: Bring your ID card and bank card to the bank counter to activate;

3. Some bank cards can be activated by depositing cash.

Why can’t my CCB credit card suddenly be used?

There may be many reasons for the sudden inability to work. To sum up, there are roughly the following categories:

1. The credit limit is not enough. If this is the case, the owner needs to pay back the money to the credit card before it can be used.

2. The card status is abnormal, such as the card has been degaussed, the card has not been activated, the password has been entered incorrectly too many times and has been locked, or the card has expired. It is recommended that the poster call his service hotline to confirm< /p>

3. There is no problem with the card. The POS machine has a poor signal and is not connected to the network, which will also cause the card swiping to fail.

First of all, there are many classifications of personal loans. Here we only classify them based on whether there is collateral, and they are divided into mortgage loans and unsecured credit loans. The following is a simple analysis and explanation of the two types of loans:

1. Unsecured credit loans, which we refer to as credit loans, are pure credit loans issued by banks to individual customers based solely on the nature of the unit, punch-in salary, social security provident fund, etc. This will also derive a consumption The concept of loan, of course, there is no direct difference between the two concepts.

2. Mortgage loans, here mainly refers to house mortgage loans, of course, there are also vehicle mortgage loans, etc., which will not be described in detail here. Mortgage loans are divided into two types: mortgage business loans and mortgage consumer loans. The amount of mortgage consumer loans generally does not exceed 1 million. Mortgage business loans refer to using personal houses to apply for loans for company operations. As the name suggests, you need to have a company in your own name or in the name of your immediate family members. Immediate family members include husband and wife, parents, children, brothers and sisters, etc. Mortgage loans can also be divided into first offset and second offset based on whether there is a mortgage. In other words, those with mortgages are called second offsets. Let’s take a look at how to operate a mortgage business loan:

Valuation, based on the property cost, the appraisal agency will conduct a valuation to roughly calculate the amount that can be loaned, the interest rate, the term, etc. For the interview, go to the bank for the interview, and you need to provide the house book and other relevant materials. If you don't have a company, you can start operating the company, such as changing shareholders or legal persons, or registering a new company, etc. Of course, the specific requirements will depend on the bank's requirements. The bank approves the loan, and after the loan is approved, the property is mortgaged, notarized, etc. The loan is disbursed and the loan processing is completed.

What is the reason why the credit card cannot be withdrawn?

If the credit card has a limit but cannot be withdrawn, it may be that the credit card has been frozen. In this case, you can call the bank customer service hotline to find out why it has been frozen. , then make corrections, and then you can use your credit card to make purchases. Reasons for a credit card to be frozen include account anomalies, cashing out, entering transaction passwords exceeding the limit, etc.

After using a credit card every day, you must repay it on time, and you must not make late payments, because late repayments will accrue penalty interest, and the longer the time, the more the penalty interest will be. Moreover, the bank will collect money after it is overdue. A common method of collection is to call the borrower's phone number until the user completes the repayment.

If you cannot repay the credit card on time, you can use installment repayment, but certain conditions must be met when using installment. And it must be applied between the billing date and the repayment date, and you can return it in advance after the installment is processed, thus saving the handling fee.

In order to avoid being unable to repay the credit card on time after using it, users should think about their repayment plan in advance and know what aspects of income to use for repayment. Usually, the monthly usage limit should not exceed 50% of the monthly income to ensure timely repayment. Daily credit card repayments on time can increase the credit limit.

This is the end of the introduction to what happens when your credit card cannot be used.