Can't CITIC Bank credit card be phased after receiving the early warning information?

Yes, the credit card of CITIC Bank received the early warning information, so it can't be phased, only the credit card consumption function is reserved. This is a relatively light risk control, and the credit card will be downgraded after the risk control. Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.