If you no longer want to use your credit card, it is recommended to cancel it in time. After all, it is not used frequently, but you need to repay the annual fee yourself. Credit cards from major banks can be canceled by phone. After cancellation, annual fees will not continue to be incurred. , but many people find that after canceling their credit card, a refund is deposited into the card. What should they do in this situation?

What should I do if there is a refund after canceling the credit card?

Refund funds Cardholders who have not yet entered the bank card can call the bank's customer service hotline to explain the situation, verify the cardholder's identity and refund the money back to the cardholder's savings card. If the refund funds have already been deposited in the credit card, you can explain the situation to the bank and transfer it to the bank card or withdraw it.

After the credit card account is closed, if there are excess deposits on the account, two account cancellation settlement methods are provided (except for special card types):

Automatic account cancellation settlement: If you have the bank's For a debit card or quasi-credit card, you can apply for binding the automatic account cancellation and settlement function. 45 days after the account is closed, the excess RMB deposit in the card account will be transferred to the provided account. The bound information must be completely consistent with the canceled credit card information, and the account status must be normal.

Network account cancellation and settlement: 45 days after the account is closed, you can go to any branch of the card-issuing bank with your identity document to go through manual account cancellation and settlement procedures.

After applying for cancellation of a credit card, the account is not canceled immediately. There is usually a 45-day waiting period, during which the credit can be credited. After 45 days, the cancellation is successful. After the cancellation is successful, the credit cannot be credited. , if there is a refund after 45 days, the refund will fail.

Official reminder from the bank: Credit card account cancellation can only be processed once. Please do not make deposits to the canceled credit card account after canceling the credit card. Furthermore, after applying for credit card cancellation, do not use the card for consumption again.