Many cardholders have credit card limits that are too low and want to increase the credit limit through the curve of a second card. However, the limit of multiple cards in one account is exclusive, so they want to wait until the second card is obtained to use the lower limit. That card is cancelled. So how to cancel a credit card with an exclusive limit? Will it affect the use of other credit cards? Let's learn together.

It was mentioned before that multiple credit cards in the name of a peer have unlimited credit limits, and the credit card with the highest limit is the main one. In other words, no matter how many cards there are, the limit will not increase. There’s not much point in having multiple cards, so for low-limit cards, consider canceling them.

However, each credit card must be canceled separately, so you must make sure there is no excess money or debt on the card before canceling. After all, the credit card limit is not necessarily the bill entitlement. . The credit card can be canceled until there is no outstanding balance.

There are two commonly used exit methods:

Call the card-issuing bank directly and tell the customer service which credit card you want to cancel. The customer service will handle it for you after verifying your identity.

Take the credit card and ID card that need to be cancelled, and go directly to the nearest card-issuing bank branch to cancel it.

Please note that canceling a credit card with an exclusive limit is just a useless card cancellation, not an account cancellation, so other credit cards in the same city under your name will not be affected. Of course, you can also choose to cancel your account. However, after you cancel your account, all credit cards under your name will no longer be usable.

Please note that no matter whether you choose to close the account or cancel the card when canceling your credit card, there will be a 45-day waiting period after cancellation. You must ensure that all credit card debts of your peers have been paid off during the waiting period. And no new fees will be incurred in order for the cancellation to be successful. After that, you also need to cut the canceled credit card to avoid information leakage.