Why did Industrial Bank reduce the price of its credit card?

In the process of using credit cards, we sometimes encounter the situation that the bank suddenly reduces the limit. What happened? Why did Industrial Bank reduce the price of its credit card?

1, credit card overdue

Credit cards are often overdue. Imagine that if you keep owing money and don't pay it back, the bank won't dare to lend you so much money, which is the easiest way for the bank to reduce the quota.

2. The account is abnormal.

If you have a large number of credit card transactions in a certain period of time, and the types are particularly concentrated, it is easy for banks to suspect that they are cashing out. This situation belongs to account abnormality, and account abnormality also includes card theft and so on.

3. Don't use it for a long time

If your Industrial Credit Card has not been used for more than 5 months, it is easy to be downgraded by the bank. Credit cards that have not been used for a long time have serious security problems. For this kind of sleep card, lowering the quota is also beneficial. Once there is a stolen brush, the loss will not be so serious.

4. Cash out credit cards

When some criminals use credit cards to cash out, they will cash out through online shopping or pos machines. Industrial Bank will have a set of identification mechanism to identify the credit card cashing behavior, and the credit card suspected of cashing will be given the treatment of reducing the amount first and then stopping the card. Serious, but also shall be investigated for criminal responsibility.

5. Do not use it for a long time after activation

If the credit card is not used for a long time, it is equivalent to a dormant card, and it may also be reduced. Because users apply for credit cards, even if there is no overdraft, the credit line will occupy capital and reduce the bank's capital adequacy ratio. It is hoped that cardholders will make up for this part of the cost and increase their income by using their cards and swiping cards to contribute handling fees. If the cardholder does not use the credit card for a long time, the bank will think that you have no need to use the card and will lower the limit for you. The credit card limit is lowered, and the bank aims to reduce the capital occupation.

The above is what I introduced to you about "Why was the Industrial Bank credit card downgraded?" I hope this article I compiled is useful to you.

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