Credit card cancellation and cancellation, the final result is that you can't continue to use the card, so many people confuse the two. However, in fact, credit card and cancellation are different. There are still many differences between them. Next, Jin Toubian Xiao introduces the difference between credit card cancellation and account cancellation.

I. Credit card write-off

Credit card cancellation means that the bank actively cancels the cardholder's account, which is passive for the cardholder. Because the cardholder fails to pay back the credit card for a long time, usually more than 1 year, the bank may dispose of the non-performing assets, and there will be no credit card account after cancellation.

However, the fact that the account does not exist does not mean that the money borrowed from the bank is sold, and the banking system can still find it, so the cardholder must fulfill the repayment obligation. If you don't pay it back for one day, the bank's dunning will not stop, and the cardholder's application will never be washed away.

Second, the credit card cancellation

This is the cardholder's voluntary application to the bank for account cancellation. Credit card loans must be liquidated, and the excess money on the card must be handled by the bank. After the credit card seller handles it, there is a 45-day pre-sale period, during which the account cannot be closed when there is a loan or balance. Cardholders can call to confirm the cancellation on the 46th day.

In addition, a bank has regret medicine, which has been sold for less than 90 days, so it can apply for returning the card like a bank, but the bank will generally issue a new card, and the information such as card number, expiration date and security code will change, but the account of the old card is loaded, and the card can continue to be used after activation.