Do I need to cancel a credit card if I no longer use it?

First of all, I can tell you for sure that you need to cancel a credit card if you no longer use it, because there is an annual fee for a credit card. If you no longer use it, Even if the credit card is not canceled, an annual fee will still be charged, so in order to prevent the credit card from being overdue due to the annual fee, this is not cost-effective. Everyone also needs to pay attention to the fact that you must not have any debts before using your credit card. Do not think that you can not pay back the money if you do not use it. This will cause the credit card to become overdue and affect your personal credit report. Everyone must pay attention to the credit report. Everyone should know the importance of reporting, so be sure to pay attention to it.

No need to cancel credit card

1. Call the customer service number to cancel the credit card

You can apply for card cancellation by calling the 24-hour customer service hotline of the bank's credit card. There must be no outstanding balance in the account when canceling the card, and to ensure the security of the account, the card must be with you when canceling the card over the phone.

2. Go to the bank counter to cancel the credit card

If your bank credit card is no longer used and lost, you can only go to the bank branch to cancel the credit card. If there are new accounts payable within 45 days (inclusive) of card cancellation, you will still be responsible for it. If there is no outstanding balance or over-deposit in the account 45 days after the card is canceled, the system will automatically cancel the account without any procedures.