A credit card account that is closed means that the credit card has been cancelled. However, canceling a credit card does not mean canceling the credit card account. Before canceling the credit card account, the account balance must be cleared. If there are unpaid bills or there is still a balance in the account, the account cannot be canceled. The entire process of card cancellation shall be completed within 45 days after the application is submitted.

It is best to close the credit card account at the same time. If you only cancel the card, you will not be able to enjoy the benefits and benefits of new customers if you apply for a credit card from the same bank next time. You can avoid this situation by canceling the account.

Extended information:

If a bank card with a closed account is inserted into an ATM machine, the ATM machine will usually prompt that the credit card cannot be recognized or the account is abnormal, indicating that the cardholder is canceling the card 45 After a few days, the credit card cannot be used again, and the bank's system will automatically close the account to which it belongs.

Credit cards basically have annual fees, but they basically have annual fee-free policies. For example, China Construction Bank only needs to swipe the card three times a year to waive it; but if you do not swipe the card the number of times specified by the bank in a year, An annual fee applies. After the account is closed, there is no need to pay annual fees.

After canceling the credit card account, it must be destroyed in time to prevent unnecessary losses.

Baidu Encyclopedia-Credit Card