The reason why the bank card is frozen
The bank card is frozen for the following reasons: 1. If the bank card is a credit card, if it is frozen, it may be that the credit card has abnormal transactions, such as malicious cashing, forged information, and continuous password errors. The second is to overdraw the bank card. When the overdraft exceeds the prescribed share, the bank will immediately freeze the bank card. Third, bank cards are debit cards. If it is frozen, it may be the wrong account, which means that the bank mistakenly gave the extra money to the depositor's account during the transaction, so the bank may freeze the extra money. It may also be a judicial freeze. The judicial organ may apply to the bank for freezing the bank card because of the need of handling a case. In addition, customs, tax authorities and other departments also have the right to freeze accounts. 4. No matter what kind of bank card, if the password is entered incorrectly for three consecutive times, the banking system will automatically lock the bank card password, which is similar to freezing, but not freezing, and will automatically release it after 24 hours.
The difference between credit card and debit card
The following is the difference between the two cards: 1. Credit card is a consumer credit product, which is paid after consumption, while debit card is used after deposit; 2. Credit cards can be overdrawn, but debit cards cannot be overdrawn; 3. Credit cards have revolving credit lines, but debit cards don't (revolving credit refers to the credit line approved by the bank for the cardholder, and the debts used by the cardholder within the credit line need not be fully repaid, so a good credit record can be maintained only by stipulating the minimum repayment amount, and the credit line of the cardholder can be reused); 4. If the credit card holder needs to repay in full before the final repayment date, the shopping consumption can enjoy an interest-free repayment period; 5. Credit card deposits do not bear interest, and debit card deposits bear interest at the savings rate; 6. Credit card belongs to asset business and debit card belongs to liability business; 7. The issuance of credit cards needs to meet the relevant conditions (such as the situation of the work unit, the evaluation of repayment ability, the review of personal credit records, etc.). ), and debit cards only need to have an ID card; 8. Credit cards have anti-counterfeiting logo and UnionPay logo, while debit cards only have UnionPay logo.