What is the reason why Wenzhou Bank's credit card suddenly stopped?

1, abnormal transaction. When Wenzhou Bank finds that credit card transactions are abnormal, such as a large number of transactions in a short period of time, in order to prevent being attacked by hackers or criminals and protect the property safety of cardholders, the bank will freeze the card, resulting in the suspension of credit card use;

2. Overdue repayment. If the cardholder fails to repay the loan on time for more than three months, Wenzhou Bank also has the right to unilaterally stop using the credit card. Moreover, because the cardholder's bill is still there, the longer the overdue days are, the late payment fee and interest borne by the credit card will continue to increase, further aggravating the repayment pressure;

3. The banking system is upgraded or malfunctions. If it is due to Wenzhou Bank's own reasons, the bank is upgrading its system or the credit card fails, it may also lead to the suspension of the credit card, but this situation will not last long. Generally, the cardholder will be sent a text message first.