After canceling a credit card, there may be cases where the cancellation is unsuccessful. So how do we cancel the credit card to be considered a complete cancellation? We must pay attention to these points.

1 Check the bill and settle the debt: Before canceling the credit card, we must first go to the official website, mobile banking or phone to check the bill. If there are any debts or additional charges, they must be cleared.

Don’t think about canceling your account when you can’t repay the payment, as this will mean you avoid repayment. Since the bank will ask you if there is any outstanding balance on your credit card when we cancel, there are some cases where the cancellation cannot be successful. You can only cancel if there are no arrears.

2 Wait for the cancellation to be accepted and check the cancellation result: Under normal circumstances, the credit card will not be canceled immediately after the cancellation procedure. There is often a waiting period of 45 days. If there is no new credit card during this period, The credit card will be completely canceled only when bills or overpayments occur.

After 45 days, we can call the bank’s official customer service hotline for consultation, log in to personal online banking to check all personal bank card account information, or go to a bank branch to directly check whether the cancellation has been successful. Since 45 days is considered the time to clear the account and the time to regret, we can also apply to cancel the cancellation application, or directly use the credit card to make purchases, or automatically cancel.

It is worth noting that even if the credit card is invalidated, the information on the magnetic stripe of the card still exists. Once criminals take advantage of it and apply for a new credit card from the bank, it may be stolen. Therefore, canceled cards should be destroyed promptly.