Can the credit card be canceled?

The credit card can be canceled. If you want to cancel your credit card, you can cancel it by calling the customer service number of the credit card center of the issuing bank, or you can bring your ID card and bank card to a bank branch to cancel it. However, before canceling, you should pay attention to the fact that the credit card overdraft amount has been paid off, and there should be no arrears and overpayments.

The process of canceling a credit card is as follows:

1. The borrower needs to pay off the balance on the card first and withdraw the overpayment from the card, otherwise it cannot be canceled;

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2. Cardholders can directly call the bank’s customer service hotline to apply for card cancellation, or go to the bank counter to apply for card cancellation.

Canceling a credit card will take some time to complete. It is recommended to call the bank customer service number after 45 days to ask whether the cancellation is successful. In addition, do not throw away the card after successful cancellation. The credit card contains the cardholder's identity information, so it is best to cut it into pieces before throwing it away.

Can a credit card be canceled?

A credit card can be canceled.

To cancel a credit card, you need to pay off all the outstanding balances on the credit card, then call customer service or use the credit card software to apply for cancellation. If your credit card has bill installments, you need to settle the bill installments in advance before you can cancel it.

If you want to cancel a credit card, you must ensure that there is no outstanding balance on the credit card, and then you can cancel it. The 30 days after cancellation is the hesitation period. As long as you are within this hesitation period, you can call customer service at any time to apply for resumption of use.

Relevant Notes

After a credit card is canceled, "Canceled" will be displayed on the credit report. After canceling a credit card, there will be no repayment record, but traces of cancellation will be left on your credit report. But it has no personal impact. If you feel that the limit of a certain credit card is too small and you can apply to cancel it even if you no longer use it. However, canceling multiple credit cards from the same bank is called card cancellation.

If the same bank only has one credit card, then canceling it is called account cancellation. There is still a big difference between canceling a card and canceling an account. Card cancellation is just to cancel one credit card, while account cancellation is to cancel all the credit cards under a certain bank's name. After canceling the card, it will not affect future applications for credit cards from that bank. However, after closing the account, you will easily be rejected when you apply for a credit card from that bank again. However, it has no impact on individuals and credit reports.

Can a credit card be canceled?

Credit cards can be canceled

1. How to cancel a card?

1. Call the bank's credit card center to inquire about cancellation related matters. It mainly depends on whether your card is suitable for cancellation, whether there is a balance, etc.;

2. Use the phone to cancel the credit card, the bank After receiving the call, the user's application for cancellation of the credit card will be accepted, and after deducting the annual fees payable for all cards under the account, the account balance will be zero or the customer has explicitly given up the remaining deposits in the account.

3. Go to the bank counter to formally cancel the credit card. The cardholder must bring his or her ID card and the credit card to be canceled to the bank to fill out a card cancellation application form. The card may be collected first and the corresponding card cancellation procedures will be done one month later. However, you can also directly make an appointment to cancel the account on the day of card cancellation.

Another friendly reminder, credit card cancellation is divided into card cancellation and account cancellation. It is recommended to cancel the account after canceling the card, otherwise there may be some problems in applying for a credit card again;

Card cancellation: it is for individuals Cancel the single credit card in your name. If you apply for a credit card from the same bank next time, you will not be able to enjoy the new customer treatment.

Account cancellation: It means canceling the entire account. That is, if you have multiple credit cards in your account, all cards will be canceled. If you apply for a credit card from the same bank next time, you can enjoy the new customer treatment (each bank has different regulations, usually it requires cancellation for one year).

Under normal circumstances, just cancel the card.

If there are still unused points in the credit card to be canceled, it is recommended to redeem all the points before canceling the card; after submitting the credit card cancellation application and before it officially takes effect, the cardholder should not use the credit card again, otherwise it will be cancelled. The card application will be automatically revoked; after formal cancellation, cut along the credit card's magnetic strip and discard it to prevent theft.

2. Which cards should be canceled first?

1. Cards with small limit and difficult to raise the limit

This kind of card has little value for us, just a small limit. If we don’t mention it, it is just taking advantage of it. This kind of card is the first choice for cancellation. Leaving the vacant position to a bank with greater potential is the best choice.

2. The latest card

As we all know, a credit card that has been used for a long time is very helpful to personal credit report and will effectively improve personal credit score. On the contrary, The latest cards are not as powerful. Because the bank cannot understand your spending power and credit situation, there is a risk of lowering your personal score. For example, if you apply for a card with a card, the difference will be if you apply for it with a card that has been used for a long time and with a new card. It will be huge. Therefore, we should try to keep credit cards that have been used for a long time, but this is based on a good credit record.

3. Banks with strict risk control

Strictly speaking, this cannot be regarded as a reason for cancellation, but since many cardholders are currently heavy card users, they have to be added. After all, banks with too strict risk control can be very damaging to credit cards in certain special periods, and sometimes even directly interrupt the capital chain, you know. . .

4. Extra cards from the same bank

Everyone knows that except for ICBC, all other banks have exclusive quotas. In other words, if you leave ICBC, the card No matter how much you add, the limit will not increase, so unless you have special needs such as rights and benefits, it is useless to keep extra cards.

5. Cancel the card according to the card level

Credit cards are divided into various levels such as regular card, gold card, platinum, diamond, etc., that is, various types with different limit potentials. So if you cancel the card, you should cancel the one with low limit and low level first. If you have a regular card and a gold card in your hand, cancel the regular card first.

6. Unused cards

If you don’t use a card for a long time, what will you do with it?

7. Cards with low benefits and few discounts

Can I cancel the credit card if I no longer want to use it?

It is not recommended to cancel the credit card if you no longer want to use it, mainly because there will be some The negative impact will be discussed in two cases based on the current status of the credit card:

1. Credit card with normal repayment

The credit card has been used before and a debt has been incurred, but it has always been repaid on time. No payment has been overdue. Normally, you can cancel such a credit card at any time if you want to, but you have to think clearly. After the credit card is canceled, it will still be recorded in the credit report. Simple basic information, such as the limit, account bank, etc. will still be displayed, but the status It will just become a logout.

In this way, if you apply for a credit card from the same bank next time, the bank will check the previous cancellation record during the approval process, and will ask about the reason for the cancellation during the phone review. It is not difficult to imagine how many people will be disappointed. Applying for a card again will have consequences. There are also banks that even if the credit card is canceled and you apply again, you cannot become a new customer, and you cannot enjoy the new account opening gift, etc.

2. Credit cards with overdue records

Many people no longer want to use their credit cards after paying off the overdue credit cards. They want to eliminate the bad records by canceling the credit cards, but they do not expect that after canceling the credit cards, they will no longer use them. The overdue records are still displayed, which is a bit of a mistake. You must know that bad records on credit cards must be kept for 5 years from the date of termination, so canceling after overdue repayment cannot eliminate bad records.

On the contrary, because the card cannot be used again after cancellation, new records cannot be generated to cover the bad records, and the credit business may be rejected before the bad records are eliminated.

No matter how troublesome it is to cancel a credit card, the use and application of a credit card may not be so troublesome, especially applying for a credit card. Many people only apply for a credit card in a few minutes when shopping in the mall, and it is even less necessary to use it. As I said, just swipe the card and enter the password. But if you want to cancel the credit card, it is relatively simple. But it will be difficult to apply for a new credit card. The bank's review will be more stringent, and some banks even have According to relevant regulations, you cannot apply for a credit card again within 6 months of canceling a credit card, so if you want to cancel it, it is best to think carefully.

Can I cancel a credit card?

If you no longer want to use the credit card, you can cancel it directly. The cardholder can apply for cancellation at a bank branch, or call customer service directly. Apply for cancellation via hotline.

1. Generally speaking, banks mainly cancel credit cards through the following methods:

1. Bank business outlets cancel credit cards. Generally speaking, many people will choose to cancel credit cards at business outlets, because relatively speaking, canceling credit cards at business outlets is the most convenient and safe way to cancel credit cards. Cardholders can go directly to a bank branch to cancel their credit card, and just bring the credit card and ID card to be canceled and go to the branch to apply.

2. Call the customer service number to cancel the credit card. Just call the bank customer service number to be transferred to manual service and ask the bank customer service to cancel the credit card. This method of canceling the credit card is more convenient and faster.

2. Credit cards generally need to be activated before they can be applied for, so some credit cards need to be activated before they can be canceled. Of course, whether they will be automatically canceled without activation depends on which bank you are dealing with. For credit cards, some banks have a time limit for credit card activation. If the card is not activated by the expiration date, the bank will automatically cancel it, and you will not be able to activate it again.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretations of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , deposit and withdraw cash, etc., an electronic payment card with all or part of the functions? On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.

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 bill date. Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; a quasi-credit card refers to a credit card in which the cardholder can A quasi-credit card that deposits a certain amount of reserve fund and can be overdrafted within the specified credit limit when the reserve account balance is insufficient for payment. The so-called credit card generally refers to a credit card only.

That’s it for the introduction of whether a credit card can be cancelled.