The debt generated after the cancellation of the credit card may be due to the incomplete cancellation of the card, which leads to the arrears of the annual credit card fee. Credit card arrears are not only the arrears shown in the account, but also the hidden annual fee. Generally, after two years of card opening, the credit card will charge an annual fee.

The number or amount of credit card swiping is reached, and the annual fee is free. If the cardholder cancels the credit card before reaching the annual fee-free standard, the annual fee will be generated after reaching the billing cycle. Due to many credit card rules. And different banks have different accounting standards for account cancellation and annual fees. Many cardholders don't completely cancel their accounts without knowing it, resulting in unpaid debts, which affects their credit records and prevents them from handling future loans.

Therefore, for the sake of safety, it is recommended to call the bank's customer service phone again about 40 days after the card is cancelled or go directly to the bank's business office for verification to confirm whether your account has been cancelled successfully, so as to avoid trouble in the future.

Don't forget to cut the magnetic stripe after you insert the card.

You can't put your credit card anywhere after you cancel it at the bank. There is still a lot of personal information in the credit card. To be on the safe side, you must cut the magnetic stripe and scrape off the signature and verification code on the card after cancellation.