Let's sum up, what will be judged as cash-out behavior?
The following credit card swiping methods can be easily judged as cashing, including but not limited to: 1, and repeated credit card swiping in the same merchant. In a short period of time, repeated consumption in the same merchant is against the general trading habits and will be considered as cash withdrawal. 2. Credit card consumption during abnormal periods. Most shopping centers have their own business hours. If the cardholder does not swipe his card at normal time, such as spending in the middle of the morning, the consumer is not entertainment, catering and other items, and it is easy to be judged as cash. 3. The credit card amount is abnormal. This, like Tony, draws a large integer amount, which can easily be considered as cash. 4. Large repayment is brushed out in large amount. Repayment is near the repayment date, and the repayment amount is large. After repayment, it was overdrawn. Obviously, it's cash.
What will happen if it is decided to cash out?
1. If the bank finds someone cashing in with a credit card, in order to reduce its own risk, it will reduce the limit or seal the card for the cardholder. The cardholder's capital chain is broken, which leads to overdue repayment. If the repayment is overdue, it will not only bear high interest and liquidated damages, but also leave a bad credit record. 2, shall be investigated for legal responsibility. According to the law, serious credit card cashing will be characterized as "credit card fraud".
Seeing this, do you have a certain understanding of the misunderstanding of credit card cash withdrawal? Please pay attention to us for more financial information, and welcome everyone to leave a message in the comment area!