According to the credit card center of the bank, holding our banks credit card to carry out transactions beyond the normal use of credit card funds may lead to transaction failure, and the bank will take control measures including but not limited to reducing the amount, stopping payment, freezing and locking the card. In order to ensure the normal use of the card, please keep the transaction voucher which is consistent with the transaction purpose of the credit card, so as to cooperate with the verification of our bank.
On July 29, the credit card center of China CITIC Bank announced that personal credit card overdraft should be used in the field of consumption, and should not be used in production, operation, investment and other non consumption fields, including house purchase, securities investment, financial management, other equity investment and other prohibited fields. If you use our credit card to carry out transactions beyond the normal use of funds, the transaction may fail. Please keep the transaction voucher which is consistent with the purpose of credit card transaction, so that it can be verified by our bank.
Some people in the credit card industry said that this is part of the daily regulatory update. In addition to the normal use of credit card funds, it is still the focus of credit card supervision for the purpose of buying houses and speculating in stocks.
In addition to emphasizing the use of credit cards, credit card centers of major banks have also been strictly investigating transactions such as cash out.
In addition, the card center of the bank said that in case of the risk characteristics of the cardholders credit card transaction regulated by the regulation or recognized by the bank, the bank has the right to suspend or terminate all or part of the functions of the credit card, including but not limited to risk management measures such as adjusting credit line, locking account, emergency stop payment, transaction limit for commercial account and cash out governance, etc., and we require the cardholder to provide consumption The right of transaction vouchers such as transaction invoice and consumption signed bill to identify relevant transaction risks. The bank shall have the right of recovery for all rights and interests, preferential awards and gifts obtained by cardholders in violation of the rules, including but not limited to taking measures such as restricting login, blocking account number, revoking activity qualification, returning points, taking back gifts, canceling preferential treatment, restricting card use, etc., and reserves the right to investigate relevant legal liabilities.
The 21st century economic report reported on June 22 that the joint-stock banks such as Guangfa, Minsheng, Xingye, Huaxia and CITIC have recently adjusted the accumulation method of credit card points, resulting in a sharp decrease in credit card points or equity. For example, Guangfa credit card included 1026900 merchants in the list of no accumulated points, and Minsheng credit card canceled the accumulated points of transactions of 19 third-party payment institutions such as lakala.