Not necessarily. You can call the issuing bank hotline directly, press the "0" key to switch to manual service, and apply to the customer service staff for card refund. After confirming that the customer's identity information is correct, the bank will cancel the card for the customer. It should be noted that the bank will not cancel the card immediately after the customer applies. After a credit card is cancelled, there is usually a 45-day settlement period. After that, the bank will confirm that there is no new charge on the credit card. If there is no overcharge, the customer will officially return the card.

What are the misunderstandings of credit card cancellation?

The cancellation card is not a cancellation account. Most people think that the only way to stop using credit cards in time and turn off functions and charges is to cancel. But in fact, card withdrawal is not a cancellation, and the difference between them will directly affect the use of credit cards. Card cancellation refers to the cancellation of the account saved by the bank card, and cancellation refers to the cancellation of the individual's account in the bank. But if the cardholder has no other card in the bank, it is best to cancel the account.