According to Ping An Bank's inquiry in official website, personal information will be destroyed after the credit card is cancelled, so it can't be used again, and no more expenses will be incurred.

Credit cards will be charged an annual fee only if they are not cancelled. As for the annual fee generated during the cancellation period, the user must pay it off, otherwise the card cannot be successfully cancelled. Therefore, there is no need to pay an annual fee for the cancellation of Ping An Credit Card.