Generally speaking, the bank's regulations on credit cards are that if the credit card is activated, it will generate an annual fee, but the bank will have activities to exempt the annual fee for cardholders to spend. For example, if you spend six times, you will be exempted from annual fees.

It is understood that many banks' credit cards can now be cancelled by phone. For example, credit card users of China Construction Bank and China Merchants Bank can call the 24-hour customer service hotline to cancel their cards as long as all the debts in the cards are settled.

However, according to the regulations of most banks, credit cards can only be cancelled 30-45 days after the date of registration cancellation. If users still need to use their cards within three months, they can be reactivated. In addition, credit card registration was cancelled.

After that, personal information is still left on the magnetic stripe of the credit card, so even if the user has gone through the cancellation procedures, he should keep the card properly to avoid being stolen by criminals and bringing unnecessary trouble to himself.

In addition, after the cardholder returns the card, he still needs to cancel the account, because if he doesn't cancel the account, some banks will charge the account management fee. If he doesn't cancel the account, he can't enjoy the benefits of new customers if he reapplies for a credit card.