How to cancel a credit card?

The process of canceling a credit card:

1. Submit a cancellation application to the card issuing bank. There are two ways to apply for card cancellation:

(1) Apply for credit card cancellation through online banking or by holding the card at the counter of the local card-issuing bank branch.

(2) Call the customer service hotline of the card-issuing bank, follow the voice prompts to complete the relevant operations, and submit a card cancellation request to the customer service;

2. Cut off the credit card that has been successfully canceled: To prevent credit card and personal information from being stolen, remember to cut the discarded credit card along the magnetic strip after successfully canceling the card. If your credit card is lost when applying for card cancellation, in order to ensure privacy and security, it is best to apply for a loss report first and then go through the card cancellation process.

3. Pay off all bill arrears, and make sure there is no balance overflow: before canceling the card, we need to confirm whether we have paid off all the arrears on the current card.

4. Wait for inspection Period: The usual bank inspection period for confirming card cancellation is 45 days, but some banks may also take it within three months. After applying for card cancellation, the credit card will not be canceled immediately. All banks generally have a 45-day "clearance period". Some debts may not appear on the bill when applying for card cancellation. If there is a debt, you need to After the debt is paid, after this period has passed, you can confirm whether the cancellation application has been successful.

How to cancel a credit card account

You can cancel a credit card account through the following methods:

1. You can go to the corresponding branch bank with your ID card and related credit card Sign out at the counter.

2. Call the bank customer service hotline directly, and then transfer to manual service, and ask the manual customer service to apply for cancellation of the credit card.

3. You can upload your ID card, credit card and other information to the official online banking, fill in the account cancellation application and submit it.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).

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 prescribed credit limit. The so-called credit card generally refers to a credit card only.

There are two ways to cancel a credit card

There are actually two ways to cancel a credit card: card cancellation and account cancellation.

Canceling a card means canceling a single credit card in one's name, while canceling an account means canceling all credit cards in one's name in a certain bank.

For example, we have three different types of credit cards in a bank. If we cancel the card, only one credit card will be canceled. If we cancel the account, all three credit cards will be canceled. Log out.

If we are unwilling to keep a credit card from a certain bank, we should choose to close the account instead of canceling the card.

Methods to cancel a credit card

There are generally two ways to cancel a credit card: customer service phone cancellation and bank branch cancellation.

Customer Service Telephone Cancellation

We can call the bank's credit card customer service telephone number to enter the manual service and inform the manual that we need to cancel the credit card. Under normal circumstances, the manual customer service will try to retain us. After we explicitly refuse, the customer service will help us handle the cancellation business.

Cancellation at a bank branch

We can go to a bank branch to handle the cancellation business with our ID card and credit card. We can also complete the cancellation after filling in the corresponding procedures.

Notes on canceling credit cards

1. Before canceling, check whether the card has available points, activities that can be participated in, benefits that have not been enjoyed, etc. In order to avoid waste, it is best to It is better to handle the cancellation business after full use.

2. Pay off all credit card debts and confirm that there are no other installment transactions.

3. When canceling, the bank customer service will try their best to retain you, including providing lifetime annual fee-free services, giving away points, etc., so be mentally prepared.

4. After successfully canceling the credit card, destroy the card in a timely manner.

5. Account cancellation may affect your future application for a credit card from this bank.

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

1. 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.

2. The prerequisite for online manual customer service to cancel a credit card is that no debt is allowed on the credit card. The debt must be paid off in full before canceling the credit card in order to successfully cancel the credit card. 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.

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

4. 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.

5. 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 from being confused and unclear, and saves a lot of trouble. Necessary trouble.

6. 45 days after you successfully handle the credit card cancellation business, if there are no arrears and excess deposits, then your credit card account will be truly cancelled. There is no need to go through any relevant procedures for this cancellation.

Extended information:

Credit card cancellation status:

Creating a credit card account is something you must do if you no longer intend to use the credit card. If you do not cancel the account, Banks will charge annual credit card fees annually. If the card is not overdrawn, you can apply for account cancellation at any time.

If the card has not expired, you need to apply first and go to the bank to cancel the account after a certain number of days; if the card has expired and the account balance is zero, you can go directly to the designated bank outlet to cancel the account. Account procedures.

When canceling an account, you should bring the original valid identity document and card. If it is inconvenient for you to go through the account cancellation procedures, someone else can do it for you. The agent must hold a power of attorney written by the principal (in person) and bring the original valid identity document to handle the account cancellation business.

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 the card collection business, and then go through the formal account cancellation procedures after a certain period of time (up to 30 days) . This is mainly because if the cardholder has made a manual card pressing transaction before canceling the account, the cardholder will have already canceled the account before the merchant has submitted the card pressing form to the bank for entry into the account, and the bank will not be liquidated normally;

On the other hand, if the cardholder spends money or withdraws cash overseas, it may take a few days to settle the account. If the account is closed immediately, it will also affect the bank's normal liquidation.