At present, domestic users have no regulations on the number of credit cards held by cardholders. Although there is no upper limit on the number of credit cards, too many cards will affect cardholders' application for new cards. Therefore, cleaning up excess credit cards is more conducive to applying for new cards. So, what does credit card cancellation mean?

What does it mean to cancel a credit card?

Credit card cancellation means that the credit card holder goes to the issuing bank to cancel the credit card. Credit card cancellation does not clear the information of the credit card account, because the account is reserved, so the credit card can be restored after cancellation. Moreover, the cancellation of the credit card is only the cancellation of the current card. If the non-main card is cancelled, it will not affect the use of other cards.

Summary: Cancellation of bank cards can avoid unnecessary annual fees, and also avoid the trouble caused by forgetting to repay because of too many credit cards. It should be noted that after the cardholder handles the card withdrawal business, the impression of the card withdrawal bank will be reduced, which may lead to some banks being unable to participate in the activities.