5 stupid ways to swipe your credit card that will ruin your credit card in minutes

Many people don't know that there is a problem with their credit card swiping habits, and they are risk-controlled by the bank. Even after the card is reduced and blocked, they still don't know what went wrong. Today, the editor has summarized 5 very bad card usage habits. Come and see if you have been hit!

1. Balance inquiry before credit card swiping

Many people always like to check the balance before using a card. This situation often happens to students who have multiple credit cards. It is very troublesome to record multiple credit cards and it is easy to lose track of them. Naturally, it is difficult to develop the habit of keeping accounts. min pay Because I can't remember the available limit of my credit card, I check the balance on the POS machine before swiping the card. In fact, it is okay to check occasionally, but if this behavior always occurs, the bank's risk control system will determine that you are paying off the credit card on your behalf. , there is another possibility that the bank will think that your card has been stolen, so in order to ensure the safety of cardholders, many third-party payment companies' POS machines even turn off the balance inquiry function.

In fact, there are many channels for checking balances, such as bank APPs, online banking, WeChat official accounts,ofw quick cash loan online and text message reminders. These are all official channels of the bank.

2. Do not check credit card statements

Credit card bills are actually very important. When and how much should be paid back on the credit card,debt consolidation it is clear at a glance when you look at the bill. Why is the credit card limit increased? Why the derating? Just look at the bill and you will know!

To put it bluntly, the credit card we use is a revolving loan issued by the bank to you. The credit card we apply for is an initial credit limit that the bank grants you based on your personal qualifications and past credit status. In fact, it is a fixed limit, but the limit is not It is permanent. The bank will analyze your bills, check your consumption habits, and combine it with your repayment situation. Based on the comprehensive situation, the bank will increase or decrease your credit limit based on its own scoring criteria.

In fact, many third-party online loans also evaluate the credit limit of cardholders through bills.

3. Unreasonable credit card usage

The so-called abnormal consumption must be that the use of funds may exceed the normal consumption range limited by the bank. So how does the bank judge the cardholder’s abnormal consumption?

For example, the amount does not match, such as eating breakfast and spending 5,000; the time does not match, such as buying a computer at 2 o'clock in the middle of the night. The credit card has been used for large purchases at the same POS machine for a long time, and one transaction is empty or the amount of the card is too regular, such as two thousand, five thousand, eight thousand, ten thousand, etc.

These behaviors are not normal and can easily be controlled by system risks.

4. Don’t use credit card points

Credit card points are a reward from banks for using credit cards. However, most of the points are not used until the credit card points are cleared. In fact, points are money. Points can be used to redeem gifts, mileage, and offset installment procedures. Fee, why don’t you want free benefits?

Don’t miss the opportunity to collect wool! Let me remind you again that credit card points are generally cleared every year.

5. The card will be canceled immediately if the payment is overdue.

After the expiration date, do you think that by canceling the card, you can remain unnoticed? It's so wrong. After canceling the card immediately, the overdue records will remain on the personal credit report. According to relevant regulations, overdue records and other related records will not be deleted until 5 years later. The correct approach is to pay off the debt immediately after it is overdue, continue to use the card, and pay back in time to cover up the bad records.