The reason why your mobile phone will still receive a message after your credit card has been canceled is because the account cancellation process has not yet been completed. Before canceling a credit card, the account balance must be cleared, and the entire process of canceling the card must be completed within 45 days after the application is submitted.

This is mainly because if the cardholder has made a manual card pressing transaction before canceling the account, the cardholder has already canceled the account before the merchant has submitted the card pressing slip to the bank for entry into the account. , so the bank will not be able to liquidate normally; on the other hand, if the cardholder consumes or withdraws cash overseas, it may take a few days to be liquidated. If the account is closed immediately, it will also affect the normal liquidation of the bank.

Extended information:

Consequences of overdue credit cards

1. Liquidated damages, usually 5% of the unpaid portion of the minimum repayment amount.

2. The interest is high, and the interest is compounded. The interest rate is very scary when the debt is large.

3. Overdue credit records will be stained, resulting in the inability to handle financial needs such as house purchases and loans within the next two years.

4. If the payment is overdue for more than 3 months, and the amount exceeds RMB 10,000, and the bank has failed to pay multiple reminders, you will not only have to bear the repayment, but may also bear criminal liability.

Reference materials: Credit card_Baidu Encyclopedia