Credit card, as a consumption tool that can be used as an overdraft, has become an indispensable payment tool in the daily life of many friends. Credit cards issued by many banks will set up a points system to accumulate corresponding points when users use the credit card to make purchases. These points can be redeemed for various benefits such as gifts, travel tickets, hotel accommodation, etc. In addition, banks and merchants will also provide a series of preferential activities, such as discounts, cash rebates, etc., to bring actual economic benefits to cardholders. Recently, a friend asked, can I continue to use my credit card after canceling it? Distinguish the difference between card cancellation and account cancellation!
In fact, we need to deal with specific issues as to whether the credit card can be restored to use after it has been cancelled. As we all know, credit card cancellation is mainly divided into two major sections, namely card cancellation and account cancellation. The specific differences are as follows:
Card cancellation: If the cardholder only chooses to cancel the credit card, If you cancel the card without canceling the card-issuing bank account, you can apply to the bank to reinstate the credit card. The specific recovery method is also very simple. Just call the customer service hotline of the card directly. The manual customer service will re-activate the card for you after verifying the applicant's identity information. However, one thing to note is that if you destroy your credit card after canceling it, you will need to pay a card replacement fee of 50 yuan. After receiving the new card, you will have to go to the counter again for an interview to activate it.
Account cancellation: Some friends will also cancel the account when canceling the credit card. If this is the case, this type of credit card cannot be restored. Unless your account cancellation time is within the 45-day transition period, friends during this period can apply to the card-issuing bank to restore the credit limit, and there is still a certain chance that the restoration can be successful.
In short, whether it is application or cancellation, it is something that requires careful consideration. Combined with your actual situation, you can see whether you really need to apply or cancel. Credit cards provide many benefits to people. However, you need to be careful when using it, plan your financial situation reasonably, and choose a suitable credit card product based on your actual situation. Only by using and managing credit cards correctly can you truly enjoy the convenience and advantages it brings.