There is no risk after canceling the card; the process of canceling the card is risky, and in serious cases it may lead to overdue accounts; canceling the card will affect your credit report.

Canceling a credit card: It refers to the act of canceling a certain credit card of a certain bank. This behavior is nothing. If it is canceled, the only impact is that the card cannot be used again.

Creating a credit card account: canceling a person’s credit card information record in a certain bank, including canceling the card, and closing various functions other than canceling the card.

The difference between the two: after canceling the card, you can apply again, and the limit is generally the same as before; after canceling the account, the bank may not have your information and the relationship will be severed.

For example, it’s like: two people who know each other, one deletes each other’s contact information; the other two people break off their relationship.

Simply canceling the card means that you no longer want to use the card. This is fine, but you must pay attention to the process of canceling the card.

Each bank’s credit card account cancellation operation method and process are different. Once the operation is improper, you may bear the risks of overdue credit card, lifelong black account, etc. (This is not to scare people, it involves credit reporting, so it’s better to be careful)

1. Call the credit card center first to inform the credit card center and prepare to cancel the card

2. Credit card center , we will try our best to retain you, hope you continue to use it, ask why, and provide discounts; because it is said that whoever fails to retain customers will have an impact on the operator's salary bonus.

3. Notice: credit card points will be reset to zero, remind to repay in full, etc.

4. Pay back the money, use up the points, wait 3-5 The remaining balance will be credited to the account every day to confirm the pre-cancellation of the card.

5. Then you usually have to wait, 40-60 days, to see if there are any other charges.

6. Officially cancel the card.

1. Some big banks, such as industrial and commercial banks, may directly inform you of various precautions, but do not try to persuade you too much.

2. To officially cancel the card, you need to go to the branch and settle the payment. Overpaid money. For example: Bank of China has 45 days; Industrial and Commercial Bank of China has to wait for 1 year before officially canceling the card, etc.

3. For some cards with annual fees, after the card is canceled, the annual fee will still be deducted because the transaction does not meet the standards, and the card has been cancelled. This will cause overdue payment, and this overdue payment is difficult to eliminate.

4. For most banks, you can apply again after more than 6 months; some banks will start to hold grudges after canceling the card for the second time; a few banks will hold grudges for a long time after the first time. CCB, if you apply again, you will be prompted: If you cancel the card on your own initiative, it will not be approved.

If you are not satisfied with the limit and want to cancel the card and apply again, you must be careful about this.

5. If you handle similar business in installments before canceling the account, it may also result in charges after the account is closed, because the account cannot be recharged later, resulting in overdue payment. I have encountered many of them before, but the system has been optimized very well over the years, so it usually won't happen again.

6. If the credit report shows the transaction status of the card in the past 6 months, as well as the overdue records in the past 2 years, and the serious overdue records in the past 5 years, once the card is cancelled, the update will be terminated.

7. If the card is overdue within 2 years, once the card is cancelled, the overdue credit report will be permanently displayed; if the card is canceled due to credit card limit reduction, card blocking, etc., it will also be displayed.

Display content such as: The credit limit is 0 yuan, and the average monthly consumption in 6 months is 10,000 yuan. You can tell at a glance that the card has been blocked.

8. For those who cancel the card over the phone or online, please remember to confirm whether it was successful for a period of time after canceling the card. There are many cases where the card cancellation was clearly informed that the card cancellation was successful, but the card was not actually canceled. , it was discovered two years later that it was seriously overdue due to various reasons.

9. The annual fee system of some platinum and diamond cards is relatively messy. You may have to pay a certain amount of extra annual fees due to the cancellation of the card. For high-end cards, remember to ask clearly how the annual fee is charged when the card is canceled. . Don’t just ask how much more money needs to be recharged.

10. After canceling the card, remember to destroy the chip, magnetic stripe and QuickPass to avoid leakage of stored personal information.

1. It is relatively simple to enjoy the credit limit. Simply communicate by phone directly, cancel the card, and do not need to deposit money in advance. The excess will be refunded and the less will be reimbursed.

2. Except for some banks that are authorized separately. There are very few of these types. For example, a card issued by Guangfa Bank Beijing Branch has a limit of 50,000, and a card issued by Guangfa Bank Shanghai Branch has a limit of 100,000. The limits of the two cards are not shared and need to be canceled separately.

For those who don’t use credit cards often and tend to forget them, you can consider canceling extra cards that you don’t use in time. Once the card is overdue due to forgetting, it will be bad, and credit reporting, late payment fees, etc. will be affected.

If it is not necessary, it is good to keep a general credit card. The main thing is to pay the annual fee. Because different banks have various promotions for cardholders from time to time, and it is beneficial to earn points for credit card purchases. Many people deliberately apply for multiple bank credit cards and study how to eat, drink, play and watch movies for free.

The above risks are all hopeless disasters. To protect your interests, you mainly rely on yourself.

In real life, many cardholders apply for a credit card that is of little use in order to obtain a card-opening gift, or want to cancel the credit card due to reasons such as a low credit limit. However, canceling a credit card may seem simple, but it may have many consequences. Let Xicaijun introduce it to you below.

What are the consequences of canceling a credit card?

Many cardholders believe that as long as the credit card status is normal and the card is not overdue, it will not have any impact. After all, it will not affect personal credit if it is not overdue. However, the cancellation of a credit card will be reflected on the personal credit report, which will make the bank think that you have no need for the credit card, and you may be rejected the next time you apply for a card.

Especially after canceling your credit card, you are more likely to be rejected when applying for a credit card from the same bank. Because the cost of issuing a credit card is several hundred yuan. Since you have had a cancellation record before, there is no guarantee that the card will not be canceled next time after it is approved for you, and the bank is not stupid. Therefore, if you apply to this bank again, you may be rejected. In serious cases, the bank may be included in the list.

It can be seen from this that you should not cancel your credit card easily unless it is absolutely necessary. Even if the card limit is too low, as long as you spend frequently and repay on time, it is still possible to increase the limit. Unless you never want to apply for a card with this bank again, or you can’t raise the limit, or the annual fee is too high, there’s no problem in canceling it.

However, the last thing to remind is that the cancellation of a credit card must be done when there is no debt or balance on the card. If the credit card to be canceled has been overdue within 2 years, it does not matter whether the debt has been paid off or not. , do not cancel the card, otherwise the bad credit record will be retained forever. The best way is to continue to use this credit card for 2 years before canceling it.

There is a point in canceling a credit card and it may affect your credit report!

There are two ways to cancel a credit card: one is to cancel the account, and the other is to cancel the card.

I don’t know whether you want to cancel the account or cancel the card. Here is a detailed explanation of the difference between the two:

1. Cancel the card: refers to It is to cancel a single credit card in your name. You may also have other cards in this bank, but you are canceling only this one; even if you are canceling the only card issued by this bank, your name, address and The credit history and other records are still there, and the bank will keep them, and the card can be re-opened within a short period of time.

2. Account cancellation: refers to canceling all the cards in your name of the bank. After this operation is performed, except for your bad credit information, other basic information will be deleted. If you want to apply for a new card, you will have to fill in all the information again. (Note: In the new version of the credit reporting system, the repayment records for the 5 years before account closure will be retained.)

For those with good credit reporting, Credit cards with no overdue records and no outstanding balance on the card will have no impact on the individual's credit report record. However, if the cardholder has a bad credit record overdue during the use of the card, or if there are unpaid balances on the card when the card is canceled, it will have an impact on the personal credit record.

If there are still outstanding debts or bad credit records, these cards cannot be canceled. Even if they are canceled, the bad records will always exist, so the correct method is Instead of canceling it, continue to use it and cover the old bad record with a new credit record in the future.

When canceling a credit card, you must ensure that there is no debt in it, which means that all bank debts must be paid. clear. The meaning of this debt includes not only visible accounts, but also annual fees and interest settled on the periodic settlement date, etc.

If you only notice the former and ignore the latter, your card may still be in arrears after cancellation. The arrears may not be much, but they will seriously affect your personal bank records and cause unnecessary trouble for your new activities in the future. So be sure to ask clearly when canceling a card, and never leave a penny of debt behind.

Step1 Clarify the bill

Before choosing to cancel the credit card, you need to confirm that all outstanding debts have been paid off. There are overdue payments or other circumstances. If you are not sure, you can first check by logging into the bank's official website or APP. One thing you need to pay attention to here is to check whether there are any additional charges on the bill, such as annual fees, overpayments, etc.

Step 2 Pay off the debt

If you find that there are still debts that need to be paid in time, the cancellation cannot be completed if there is a record of debts. The action is stuck. If there are no outstanding balances to be paid, you can pick up the phone and prepare to cancel.

Step3 Contact customer service

Call the customer service hotline of the bank where you want to cancel the card and explain your cancellation request to the customer service staff. Whether to cancel the card or to cancel the account, the statement is accurate.

Step 4 Cancellation cycle

Generally speaking, the bank's acceptance cycle is generally 45 days. Only when the bank confirms that the credit card you want to cancel will not be canceled on the next statement date. Cancellation can be successful only when new charges or debts accrue.

Step 5 Query results

After 45 days of waiting, the owners can pick up the phone again and call the bank’s customer service hotline to actively inquire. Logout result.

The last thing to remind you is: once the cancellation is successful, cut off the card (cut the part with the magnetic strip), because for some purchases, only the credit card number is needed. It is available in consumption places, so please do not throw it away randomly to prevent it from being used and stolen by others.

Canceling a credit card has no impact. If the credit card you hold has an annual fee and you don’t plan to use it, you can cancel it. However, I have a few points about canceling new credit cards. Things to note, I hope this helps you.

First, check whether there are any unpaid bills. That is, call the credit card customer service number of your bank (usually on the back of the card) to inquire whether the credit card is overdue and whether there are any unpaid bills. If so, after asking for the amount, immediately pay it back through mobile banking or at the bank counter. Cancel the account after receiving a clear answer from the customer service staff that there is no outstanding payment.

Second, credit card cancellation is divided into card cancellation and account cancellation. If the credit card was overdrafted by 10,000 yuan at that time, and later deposited 12,000 yuan, which means an extra 2,000 yuan was deposited, don't worry, you can cancel the card first, and go to the counter to cancel the account 45 days later to withdraw cash. Only then will the credit card cancellation be completed. Another point that needs to be explained is that if your credit card was bound to a bank debit card, that is, the bank card with which the repayment was agreed, the extra money deposited 45 days after the card is canceled will be directly transferred to the bank card.

Third, choose the cancellation channel. Generally, the quickest way is to call the customer service number to log out. Other methods, such as going to the bank counter, are also possible, but they are not as fast as calling customer service.

Canceling a credit card will have no impact except for the application, inquiry and cancellation records on your credit report! No impact whatsoever! No impact whatsoever!

You don’t have to worry about that much. As long as the bank agrees to cancel the credit card, it means that all the outstanding debts have been settled and there will be no overdue records.

The more credit cards the better, after reaching a certain number and limit, the bank will consider your credit limit when checking the credit report and think that your credit limit is too high, which is risky. Banks do not consider cardholders with many credit cards as having good credit, but rather as a risk factor!

Hello, I am a creator in the financial field. Canceling my credit card will have no impact at the moment.

I don’t know why you ask this. Is it because you have more cards?

I also registered a credit card before. Because I have many cards and this card is not used often, I was going to cancel it and called the official customer service number directly. You can log out just by calling. Of course, he will politely ask you not to log out yet and ask you why you want to log out? Then he will give you some rights, which is a small favor to let you continue to use his credit card. You can directly identify it and say it is not necessary, just cancel my card.

You won’t need to use this card anymore. Just cut it off and there will be no problem.

Canceling a credit card actually has no impact. What affects your credit is improperly canceling the credit card. It is not advisable to cancel a credit card immediately under the following circumstances:

1. It is not advisable to cancel a credit card immediately if it has been overdue within 2 years: If you cancel the credit card at this time, the credit record of this account will remain in the overdue state, because in Personal credit reports generally show the repayment records of the last two years. If you want to eliminate overdue records, you must continue to use them for two years and maintain good repayment habits, and replace the old bad records with new ones.

2. If there is any unpaid debt when canceling, it should be paid off before canceling.

3. Credit cards that are not activated may also incur fees, such as annual fees, so when canceling, you must pay attention to whether there are any arrears. Credit cards that are not in use should be canceled in time to prevent unnecessary fees.

4. After canceling a credit card, it is recommended to cut the card to prevent information leakage.

Situation 1. If the newly applied card is canceled before it is activated, it will have a certain impact on the approval of subsequent applications for credit cards from the same bank. Different banks have different impacts. 2. After the activated credit card has been used for a period of time, it can be canceled if there are no overdue payments and no default. The bank will try its best to retain it. Of course, it does not want to lose a customer. In this case, it can be canceled as long as there are no overdue bills and the bill has been settled. Credit cards have no impact.

When many people are sorting out their credit cards, they will suddenly find that they have idle credit cards that they rarely use, so they will have the idea of ??canceling the card. Then canceling the credit card is just a matter of time. Can you just call me and go through the formalities? We will also have some things to note.

Regarding the impact on your credit report, if you cancel the card without any overdue records, no balance, and no debts, it will have no impact on your personal credit report. If you cancel the card when you are in arrears or have overdue records, it will have an impact on your credit report. Moreover, if you want to cancel the card and delete the overdue records, it is impossible. The best way is to continue Use this card until the old bad records are overwritten with good ones.

Another question is whether to cancel the account or cancel the card. Many people will blindly believe in new user gifts and want to cancel the account, but when it comes time to apply for a card again, they will not. It's so simple, because closing the account means that you have no relationship with this bank at all, unless you can produce a better property certificate than the first time. It is recommended not to cancel the account.

Another thing is that banks will be cautious about users with card cancellation records, especially if they call to cancel the credit card they just applied for before it has been activated. This behavior will cost the bank 100 yuan. If you suffer a loss, subsequent credit card applications may be rejected immediately.

Canceling a credit card that is well used and has no overdue records will have no impact on your personal credit record if there is no balance or outstanding debt on the card. However, if the cardholder has a bad credit record overdue during the use of the card, or if there is an unpaid balance on the card when the card is canceled, it will have a negative impact on the personal credit record. Influenced.

For credit cards that have left bad records, it is impossible to cancel the card and erase the bad records. The correct way is to continue to use the card normally and use new credit records to overwrite the old ones in the future. Bad credit history.