Recently, some card friends have inquired about the cancellation method of Bank of Ningbo credit card, so here I will introduce to you the cancellation process of Bank of Ningbo credit card and the precautions for canceling the card.

You can call the Bank of Ningbo credit card customer service hotline to apply for cancellation of the Bank of Ningbo credit card. When canceling the card, it is required that there is an unpaid balance in the account. In addition, for the sake of account security, the credit card must be with you when canceling the card over the phone. If your credit card has been lost, please go to the bank counter to cancel the card.

What should you pay attention to when canceling a Bank of Ningbo credit card?

1. To cancel the card, you must first cancel the account

There is a difference between canceling the card and canceling the account. When applying for a credit card, the bank will set up a bank account for the cardholder. The credit card is just a manifestation of the account. The information will still exist after the customer cancels the card. If you only cancel the card, you will not be able to enjoy the benefits and benefits of new customers when you apply for the same credit card next time. Cancellation can avoid this problem.

2. Guarantee to pay off the debt

Before canceling the account, you must consult the bank to find out whether there is any debt on your card. Some fees were deducted by the bank for the last time and will not be displayed. In terms of bills, such as interest on cash withdrawals, SMS notification fees, etc., if you cancel the card without paying off the balance, there will be a bad record of overdue repayment.

3. The card cancellation period is 45 days

After you submit the card cancellation application, it will take some time for the card to be successfully canceled. Now, in order to avoid the above problems, many banks now The 45-day card cancellation cycle allows you to pay off all outstanding balances on this card within these 45 days.

IV. When canceling a card, you should pay attention to the annual fee

Most banks have a policy of waiving the annual fee if you use the card several times a year. For example, some banks use the card six times a year. The annual fee is waived. If you cancel the card after only swiping it 5 times, the annual fee cannot be waived. If you don't want to be on the credit blacklist, you have to pay an annual fee before canceling the card, otherwise it will leave a bad record.