Before canceling a credit card, the account balance must be cleared. The entire process of canceling the card must be completed within 45 days after the application is submitted.

The methods to cancel credit cards are as follows:

1. Cancellation through telephone banking: Basically, general credit cards can be canceled through telephone banking. Of course, some banks may be a little troublesome, while others are different. For example, China CITIC Bank, China Merchants Bank, etc. are very convenient.

2. Deregister at the bank counter: Going to the bank counter to deregister is also a preferred method. But please pay attention to a few points:

1. Bring necessary documents, such as ID card, credit card, and money if you owe money on your credit card!

2. Remember to avoid the peak hours of the bank to avoid long queues and delay your normal work and life.

3. Cancellation at the designated bank business hall: Of course, since there are still differences in the regulations of various banks on credit cards, and there are many types of credit cards, some banks will cancel certain credit cards. There are clear provisions on cancellation. Therefore, if you are not sure where to cancel your credit card, please call the official customer service for consultation in time.

4. Do not throw away a credit card after cancellation. The canceled card still contains a lot of personal information, and can be used in some places that only require the card number, so you must not throw it around. If you do not need to collect it, you should Cut the magnetic strips and hand them over to the bank counter, where they will be specially crushed.

Extended information:

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country.

Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank.

The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee. The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc.

And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.

The application form is accompanied by a contract for using the credit card. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have an application A person's autograph.

Notes

After the Spring Festival credit card boom, some new charges that were rarely seen in the past appeared on cardholders’ bills, such as over-limit fees. The so-called over-limit fee refers to when the cardholder reaches the total overdraft amount on the credit card.

The additional overdraft amount granted by the bank is generally 10% of the original overdraft amount. The advantage of this is that the cardholder does not need to apply for a temporary increase in the limit or the card cannot be swiped; the disadvantage is that the cardholder has to pay an over-limit fee of 5% exceeding the overdraft limit.

In order to avoid being charged over-limit fees by the bank, some cardholders turn to the bank to apply for a temporary increase in the overdraft limit. The increase is usually 10-20, and the period is usually 1 month. After the specified time, The credit card limit is restored to its original limit.

Therefore, cardholders must clearly note the period of the temporary limit to avoid overdue credit card repayments. In addition, you should also pay attention to the over-limit issue of temporarily increasing the limit: if you use an over-limit overdraft in the second half of a month, it is likely that the over-limit amount will incur over-limit fees.

For example, A’s credit card overdraft limit is 50,000 yuan. On December 20, he applied to the bank to increase the temporary limit by 30,000 yuan, but he did not use the 30,000 yuan until January 15.

By January 20, A’s credit card overdraft amount will automatically be reduced to 50,000 yuan. In fact, A’s overdraft amount was 80,000 yuan in January. The 30,000 yuan in between will generate 5 Over limit fee.

Therefore, before the credit card overdraft limit is automatically reduced to the original limit of 50,000 yuan, the cardholder should first repay the 30,000 yuan and control the unpaid amount within the overdraft limit of 50,000 yuan. , so you can avoid paying over-limit fees.

Bank financial planners also reminded that in view of the large number of card purchases during the Spring Festival, cardholders should pay special attention to the final repayment date of their credit cards, which is the last day of the interest-free repayment period. Previous repayments were interest-free.

If the payment is overdue, all consumption payments will no longer enjoy the interest-free repayment treatment. The bank will calculate interest on a daily basis based on the consumption amount as the principal from the day the consumption occurs. The daily interest rate is 0.5%, calculated on a monthly basis. Compound interest will be charged and late payment fees will be charged.

Credit card late payment fees refer to the situation where the cardholder’s actual repayment amount is lower than the minimum repayment amount on the due date of the credit card, and the cardholder must pay late payment fees for the unpaid portion of the minimum repayment amount, which is generally the minimum payment amount. 5 of the unpaid portion of the repayment amount.

However, due to different policies of each bank, the minimum limit set is also different. Therefore, cardholders who have large overdrafts during the Spring Festival holiday must keep in mind the final repayment date after receiving the bill.

And strive to pay off all previous expenses before the due payment date. If you really have no time to pay, apply for installment repayment as early as possible or adopt the minimum repayment method to avoid penalty interest from the bank.

People without financial income, such as students, should not apply for a credit card easily. Even if they do not use the credit card, they still have to bear the annual fee and other items. People who have credit cards give up using them.

Go through the card refund procedures in a timely manner, otherwise various credit card fees and subsequent interest, late payment fees, etc. will lead to personal economic losses and reduced credit, affecting mortgages, car loans, etc.

Baidu Encyclopedia-Credit Card