1. what is a cancellation card? To cancel a card, simply put, is to cancel the credit card, terminate all the use rights of the credit card, and the cancelled credit card can no longer be used.
second, what is account cancellation? Account cancellation refers to the cancellation of personal accounts. Different from card cancellation, not only the credit card can no longer be used after account cancellation, but also the bank will no longer have any information about the customer.
3. which is better, to cancel the card or the account? For useless credit cards, there is no doubt that canceling the account is a better choice. Because the cancellation of the card only terminates the right to use the credit card, the magnetic stripe information of the credit card is still there after the cancellation, and criminals can continue to use the credit card by using the magnetic stripe information. That is to say, even if your credit card is cancelled, the risk of stealing the card still exists. The account cancellation is different. After applying for account cancellation, the bank will know all your information, so that the credit card will be completely invalid. Even if the credit card is obtained by criminals, it is just a card and has no effect.
4. What should I pay attention to when I cancel my card and account?
1. To confirm the successful cancellation of credit card cancellation with the bank after card cancellation, you must first apply to the bank. It takes a long time for the bank to approve the application for card cancellation. Generally speaking, the whole card cancellation process takes about 45 days, so you should confirm the successful cancellation with the bank after applying for card cancellation for 45 days.
2. It's best to unbind the credit card before canceling the account. I believe that many people's credit cards are bound to third-party payment. It's best to unbind them before applying for account cancellation or card cancellation, because if there is any access to the credit card within 45 days of card cancellation, the card will be automatically reactivated and it will be impossible to successfully cancel the account. Warm reminder, there are not many credit cards, just enough credit cards, and useless credit cards must be handled in time to prevent problems before they happen. In addition, it is necessary to think carefully about whether to cancel the card or the account. However, it is best to choose to cancel the account, which will not cause some unnecessary losses.