What does the information on the credit card mean, 1000 yuan has been paid in advance?

Pre-authorization of credit card means that before the cardholder spends, the merchant freezes some funds, and after the cardholder signs, the merchant can formally deduct this part of funds.

For example, if you go to a hotel, first tell the hotel how many days you will stay, and the hotel will freeze the expenses needed for these days from your credit card. After you check out, the hotel will use your card for pre-authorization, so that the actual consumption amount will be deducted from your card and the hotel will receive the money.

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Matters needing attention in using credit card

1, number of credit cards. The number of credit cards should be fine, not miscellaneous. Don't apply for too many credit cards, so as not to forget the repayment date, or pay the annual fee because the number of credit cards is not enough, causing unnecessary losses.

2. Withdraw cash by credit card. Try not to withdraw cash by credit card, because the daily interest rate of credit card withdrawal is 5%, which is high enough, except in an emergency.

3. Credit card security. Protect your credit card information, including card number and security code, which are very important information, and don't disclose it to others. Because, some payments don't need a password, just have a card number and an anti-counterfeiting code.

Baidu encyclopedia-credit card pre-authorization