What should I do if I no longer want the credit card I applied for? You can cancel through these methods

Many people are always hesitant to apply for a credit card. After applying, they are still wondering whether it is necessary to apply for a card. Some people even do not want a card after submitting the application and have to apply for it. Cancel credit card. So, what should you do if you no longer want a credit card after applying for it? Let’s find out together below.

How to cancel the credit card application if I no longer want it?

Actually, there are solutions if you no longer want a credit card after applying. However, you need to know the progress of your credit card application. It is recommended that you check the credit card approval status through the official credit card website and WeChat official account, and then take corresponding steps. The specific measures are as follows:

1. Under review:

If you find that the credit card application is under review, you can use the mobile phone number reserved when applying for the card to call the card issuing bank at 24 Hourly service hotline, transfer to manual service, submit credit card cancellation application to customer service, but whether it can be canceled will be subject to the final result.

2. Approval:

This situation means that the card has been successfully approved and cannot be canceled. If you really don’t want the credit card, you can directly call the service hotline of the card issuer and cancel the card manually after receiving the credit card. Before canceling a card, you must understand the credit card account situation clearly. If the credit card has not been opened but has been charged, you must settle the repayable account before canceling the card.

3. Waiting for interview:

This situation only passes the preliminary review and needs to be interviewed before the final review. Usually credit card interviews have a set time limit, which is specified in the interview text message sent. If you don’t want the credit card, you don’t need to go to the interview again. If the interview is not completed within the specified time, the system will automatically end the credit card application.

4. Review rejected:

The credit card approval failed and the application was automatically terminated. In this case, there is no need to cancel it yourself.

The above is the relevant introduction to "What to do if you no longer want the credit you applied for". I hope it will be helpful to everyone. In short, if you no longer want the credit card after applying, you can check the card application progress and adopt different cancellation methods according to the card approval status.

Can a credit card be canceled when it is no longer in use? How to cancel it

Bank cards can be canceled through telephone banking. You must meet the premise that the bank card can be canceled before you can cancel it by phone. Call the corresponding bank customer and enter the information according to the prompts to cancel the account. If your card has not expired when canceling a credit card account, some banks stipulate that you need to go to a designated outlet to handle card collection business, and then go through the formal account cancellation procedures after a certain period of time (up to 30 days).

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the specified credit limit. The so-called credit card generally refers to a credit card only. The methods within the card-issuing bank include: card-issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc. After repayment, the credit card limit will be restored immediately, and the payment will generally be credited to the account after the system processes it on the same day. Microbank POS mobile phone Weiyintong POS mobile phone is a mobile financial system personal payment terminal, which can be used to directly swipe credit cards for repayment, as well as transfer and other services. Instant payment. Transfer/remittance repayment is mainly divided into two methods: inter-bank inter-bank in the same city and inter-bank inter-bank in different places. Regardless of the method of transfer or remittance, the remittance bank will charge a certain fee. At the same time, the time it takes for the money to arrive and the convenience of repayment are not as good as intra-peer repayment, online repayment, convenience store repayment and other methods.

The more common domestic online platforms for online repayment include: UnionPay Online, Kuaiqian, Shengfutong, Alipay, Tenpay, etc. Depending on the platform and bank you choose, the charging standards and specific payment arrival time will be different. Convenience store repayment This method mainly completes the repayment through the "Lakala" smart payment terminal installed in the convenience store. It usually takes 2 to 3 working days to receive the payment. At the same time, there is no handling fee for repayment using this method. .

Counter Repayment Counter Repayment refers to bank cards issued by various networked financial institutions. RMB current deposits and withdrawals can be carried out through the counters of other bank branches registered in the UnionPay Exchange Center host system. Xinpaytong Repayment "Xinpaytong" smart credit card phone is an innovative electronic product independently developed by China UnionPay, certified by the Bank Card Testing Center, and supported by financial services provided by China UnionPay's inter-bank information exchange network. Repayment Tong uses "Repayment Tong" to repay, and the fees are generally charged according to the fee standards for intra-city inter-bank transfers and long-distance inter-bank remittances stipulated by the local People's Bank of China.

How to cancel a credit card if I no longer want to use it?

To cancel a credit card, you need to pay off the balance in full, bring your ID card, and go to a nearby bank branch to cancel the credit card. You can also cancel it by phone

Advantages and disadvantages of credit cards:

Advantages

1. Compared with ordinary bank debit cards, the most convenient way to use credit cards is that they can be used for ordinary consumption without cash in the card. In many cases, as long as the amount of consumption is returned on time That's it.

2. You can use overdrafts without deposits, and enjoy an interest-free period of 20-56 days for on-time repayment without charging any interest (most banks will charge an interest of 50,000 cents on the day of cash withdrawal. There is also a handling fee of 2. ICBC cash withdrawals are free of handling fees and only charge interest).

3. Swiping your card when shopping is not only safe and convenient, but also provides points for gifts.

4. You can enjoy discounts when using the card at the bank's designated merchants.

5. Accumulate personal credit and add integrity records to your credit file, which will benefit you throughout your life.

6. It is accessible nationwide and you can withdraw money or make purchases by credit card at ATMs and POS machines with the UnionPay logo; (Note: Credit cards are only suitable for consumption. It is best not to withdraw cash. The handling fee for cash withdrawal is very high. Very not cost-effective)

7. Use credit cards to make purchases, collect existing points with some credit cards, and offer various discounts and lucky draws throughout the year, so you can always be surprised as long as you use the card; (most credit cards do not have points for online payment, But online shopping payment is very convenient and fast)

8. Free monthly mailing of statements, allowing you to transparently control every consumption expenditure; (now promoting green environmental protection, paper statements can be canceled and changed to electronic statements) Bills)

9. The unique supplementary card function is suitable for couples to manage finances at the same time, or to control the financial expenditures of their children.

10. The free choice of one card and dual currencies is available all over the world. Overseas consumption can be repaid in domestic RMB.

The 11.400 telephone number or the 5-digit short number starting with 9 is available 24 hours a day. Loss reports are effective immediately and there is zero risk of losing the card.

12. Have a validity period: It is known that the validity period of domestic credit cards is generally three or five years.

13. Use third-party platforms (the domestic platform that supports credit card bill management is mainly Jujindou) to conduct business cooperation and provide preferential services to cardholders.

Disadvantages

1. The invention of credit cards is like a double-edged sword, which can solve the temporary economic crisis, but the purpose of banks issuing credit cards is to make money. Once the interest-free repayment is exceeded, time, a high amount of interest will be charged, usually five ten thousandths per day.

2. Blind consumption Swiping a card is not like spending money one by one like paying with cash. Once you swipe it, you don’t feel anything, just a few numbers, which leads to blind consumption and money flowing like water.

3. Excessive consumption of laptop installments, digital camera installments, and smartphone installments. While enjoying your favorite items in advance, you must also consider whether you are able to repay them.

4. High interest rates If you don’t know how to take care of your credit card and cannot repay the loan as scheduled when the final payment date comes, the bank will charge you high interest rates. (The minimum repayment for the first month of a credit card shall not be less than 10% of the overdraft amount of the month).

5. Credit cards that require annual fees basically have annual fees, but they basically have a policy of waiving annual fees. For example, China Construction Bank only needs to swipe the card three times a year to waive it; but you have not swiped the card for a year. Once the number of times designated by the bank is reached, an annual fee will be charged.

6. By default, fraudulent credit card purchases require no password. This makes it easy for others to use stolen credit cards when they are lost or stolen, causing unnecessary trouble or losses; but in fact, credit cards are also You can apply for swiping your card with a password for consumption - this depends on how you manage your credit card. Of course, many people lack experience in this area and fail to close their account after canceling their credit card, and some criminals re-apply for a credit card overdraft. It's not worth losing it in vain.

7. Impact on personal credit record. Long-term malicious arrears will naturally affect personal credit record, and may even be blacklisted by the bank. If you want to borrow money from the bank to buy a house or a car in the future, you may be rejected by the bank.

8. Cancellation troubles CCTV once reported that a cardholder still received bank statements several months after canceling his credit card after paying off all the outstanding balances. What happened after that made him miserable. The title of the article is "Credit Cards That Can't Be Repaid", which exposes the shortcomings of today's credit cards.

9. Although there is an interest-free period for credit cards, it is only for card consumption. There is no interest-free period for cashing out, and handling fees are also charged.

How to cancel a credit card when I no longer use it

This is my first time applying for a credit card, but now I no longer want to use it, but I don’t know how to cancel it. Don’t worry, here are some main ways to help you cancel your card easily.

01

To cancel your credit card, you can call the customer service hotline.

If you really want to cancel the card quickly, you can directly dial the customer service number with your mobile phone. They are online 24 hours a day. When calling, you need to inform customer service of your specific situation and tell them that you want to cancel the card. Then, just follow their instructions step by step.

02

The prerequisite for online manual customer service to cancel a credit card is that there is no debt in the credit card. The debt must be paid off in full before canceling the credit card to obtain the credit card cancellation certificate. success. Otherwise, even if you call the customer service number and inform them of the specific situation, they will not be able to help you cancel your credit card. In addition, this also involves an issue of credit and ethics. Since you have applied for a credit card and used it, you should assume obligations and responsibilities.

03

Furthermore, if you want to successfully cancel the card through the manual customer service phone, the credit card must be with you. Because customer service staff must ensure that the account environment is safe.

04

There is another common way to cancel a credit card, which is to go to the bank counter to cancel it.

This method can be implemented when you are not busy at work. You only need to go to the bank counter, and then explain the detailed situation, and the bank counter staff will help you handle it.

05

It is relatively straightforward to go to the bank counter to handle the credit card cancellation business. It saves you on the other end of the phone and the online customer service on the other end of the phone being confused and unclear. , saving a lot of unnecessary trouble. There are many benefits to going to the bank counter, but the premise is that you have enough free time, otherwise, you will only delay your work.

06

In addition, one thing that is the same between credit card cancellation at the bank counter and credit card cancellation via online customer service phone is that all the outstanding balances on your credit card account must be paid off. . Otherwise, your trip will be in vain.

07

There is another situation when you go to the bank counter to cancel your credit card, that is, your card is lost. In this case, you must go to the bank counter to handle it. Because, in this case, your credit card is in danger to prevent fraud. Therefore, the cardholder must bring his/her ID card to the bank counter to handle some related business. Otherwise, there will be great risks.

08

In addition, whether you call the online customer service number or go directly to the bank counter, if you successfully cancel the credit card, then 45 days after the credit card is canceled The days include 45 days. If there is an updated credit card balance that should be repaid, you still have to pay it all off.

09

In addition, if there are no arrears and excess deposits 45 days after you successfully handle the credit card cancellation business, then your credit card account will be will actually be logged off. There is no need to go through any relevant procedures for this cancellation.

Special Tips

A little personal experience, I hope it can help you!

How can I cancel my credit card? You have to do this if you don’t want to affect your credit!

Many cardholders think that the more credit cards the better. They have applied for five or six credit cards, but only two or three are actually used. They want to cancel those useless cards to avoid incurring annual fees. However, canceling a credit card may seem simple, but there are actually many things to pay attention to. If you are not careful, it may cause some hidden dangers. So, how to cancel a credit card? Will cancellation affect my credit? Today I will introduce to you the content related to credit card cancellation.

1. How to cancel a credit card?

Canceling a credit card is very simple. You can call the 24-hour customer service number on the back of the credit card and make a request to cancel the credit card. The customer service will verify your identity and handle it for you; or you can go directly to a bank branch with your credit card and ID card. The counter asked the bank staff to log out.

You must do two things before canceling the card. First, make sure that there are no arrears or overpayments on the credit card. If there is any arrears, repay all the arrears. If there are overpayments, you can withdraw cash through Take it out or swipe it away; secondly, use up the points in the credit card to avoid wasting the points you have accumulated so hard. You can use the points to exchange for gifts in the credit card mall, or transfer them to others. OK.

2. Will canceling a credit card affect your credit?

In the process of using a credit card, a credit record will be generated, but whether canceling the credit card will affect your credit depends on the situation.

If you do not use the card illegally, repay it on time after consumption, and cancel the card when there is no debt and balance, it will not affect your credit. However, if you only cancel the card but not the account, your credit will not be affected. Canceled credit cards will be recorded in the credit department; and if your credit card is overdue and you cancel the credit card after paying off the balance, then the bad credit record will follow you for a lifetime. In this case, it is recommended to continue to use the card. Swipe your card frequently and spend more. After 2 years, the new credit record will cover the bad credit record, and you will have no problem canceling the card.

3. Can the credit card be restored if it is canceled?

There are two types of credit card cancellation: account cancellation and card cancellation. If you only canceled the card but not the account, you can restore the canceled card.

Go to the bank counter and ask customer service to restore your credit card, and provide your ID card and some information registered when opening the card for verification. After confirmation, the staff will handle the credit card reactivation procedures for you in a timely manner. Generally, if you apply on the same day, you can restore it on the same day, as long as your credit card is still there and has not been cut or damaged.

4. How long after canceling a credit card can you apply for it again

If you cancel a credit card from a bank and want to reapply, or cancel an old card and want to apply for another card type, generally There is no time limit. Anyway, as long as you make sure that your credit card has been canceled successfully and you have no bad credit record, you can apply at any time, but it is recommended that you apply at least six months apart.

The above is the relevant introduction of "How to cancel a credit card if you no longer need it? You have to do this if you don't want to affect your credit!" I hope it will be helpful to everyone. The last thing I want to mention is that if you are sure that you will not use the credit card you want to cancel in the future, it is recommended to cancel the account after canceling the card. Otherwise, canceling the card without canceling the account will still have an impact on future card applications. of.

That’s it for the introduction on how to cancel your credit card when it’s no longer in use.