There is generally no time limit for re-applying after canceling a credit card, or canceling an old card and applying for another card type. In other words, as long as the old card is successfully canceled and no record of debt is left, you can apply for a new card at any time.

Since the card is sent by mail after the credit card application is approved, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from fraud losses, the credit card has set up a card opening procedure before it is officially launched.

Card opening is mainly done by phone or online. The relevant personal information provided during the application is checked. Once the card is met, the card opening process is completed. At this point, the applicant becomes the card holder and can officially start using it after signing on the back of the card. After opening a credit card, you generally need to set up a password for the card. After a credit card merchant or bank accepts a credit card, it must review the validity of the credit card and the identity of the cardholder. Extended information

When a cardholder uses a credit card to make a large purchase, the card-issuing bank will pay the merchant a one-time payment for the goods (or services) purchased by the cardholder, and will be transferred to the merchant based on the cardholder's application. The consumption funds are deducted from the cardholder's credit card account in installments, and the cardholder repays according to the monthly credit amount.

In the past, credit card installments mainly included bill installments and single consumption installments. Banks usually charged corresponding handling fees based on the number of installments. Whether it is bill installment or single consumption installment, the premise is that consumption behavior occurs first, and then the bank sets the installment repayment of the credit loan generated

Baidu Encyclopedia-Credit Card