Many banks have stopped issuing co-branded credit cards, but the cards can be used normally.

Many banks have announced that they will stop issuing co-branded credit cards, and the cards can still be used normally for a limited period. According to CCTV Financial News, since this year, many banks including Bank of Communications, Postal Savings Bank of China, China CITIC Bank, Changsha Bank, etc. have successively announced that they will stop issuing co-branded credit cards, which has attracted market attention.

Banks stop issuing co-branded credit cards, triggering discussion

This move sparked widespread discussion and concern. Some experts pointed out that the bank's suspension of issuing co-branded credit cards may be related to risk control, or it may be a strategic adjustment made in response to market changes.

Cardholders can still use it normally

Although the bank has stopped issuing co-branded credit cards, users who hold the cards can still use them normally for a limited period and will not be affected. Cardholders can use their credit cards for consumption and payment with confidence.

The market has had mixed reactions to this

The market has had mixed reactions to the bank's move to stop issuing co-branded credit cards. Some people believe that this may have an impact on the credit card market, while others believe that this is a necessary move by the bank to improve its risk control capabilities.

Future trends remain to be seen

The trend of banks stopping issuance of co-branded credit cards in the future remains to be seen, and the market will pay close attention to the banks’ subsequent actions and the impact on cardholders. It is hoped that banks can improve risk control levels through this initiative and provide cardholders with safer financial services.