First, if the credit card is no longer used for personal reasons, it is recommended to cancel it immediately after paying off the money.

1. For unreleased credit cards, even if they are not ready to be activated, they should be cancelled, otherwise an annual fee will be charged. It is recommended to cancel the credit card within one month after issuing the card, and no later than 12 months. What needs to be reminded here is that the bank counter does not provide credit card cancellation service. Most banks require cardholders to call the customer service of the bank's credit card center to apply for cancellation of their credit cards. There is a customer service phone number corresponding to the credit card center on the back of the credit card.

2. For credit cards that have been used normally, you must pay off the arrears before you can apply to the bank for credit card cancellation. After the bank agrees and registers the account cancellation, the credit card will enter a 6-month freeze period (also called risk period, the specific time may vary from bank to bank, usually between 45 days and 6 months). If there is no new debt on the card during the freezing period, the card will be officially cancelled after the freezing period.

3. After the card is successfully cancelled, it is best to cut the credit card magnetic card yourself. In addition to the fact that credit cards cannot be cancelled due to arrears, some people save more money than they owe when they repay, resulting in a balance on their credit cards and the inability to return them. Suggest spending the balance.

Second, according to your situation, it is unlikely to pay. If the cardholder fails to pay the annual fee on time, the bank will regard it as overdue repayment, and submit this record as a negative record to the personal credit database of the People's Bank of China, and keep it for a certain period.

Extended data:

1. Call the bank customer service and apply for cancellation.

Idle credit cards will ruin credit, so it is better to cancel them, and so will unwanted cards. Apply first, call the bank customer service to explain that you want to cancel the credit card and terminate the right to use the card.

2. Cancellation will not take effect immediately.

It doesn't mean that the card will be cancelled after hanging up the customer service phone. You have to wait 45 days after applying. The bank will check whether there is any arrears, and then call customer service to ask if there is a successful cancellation.

3. Information security should be protected.

After the cancellation is successful, it is best to cut off the card. Looking at such a high-value card face, the courtiers can't do it. However, if it is not cut off, the magnetic stripe or chip on the card still retains the account information, which may cause information leakage and provide opportunities for criminals to steal the brush.

4. It is best to cancel the account after the card is cancelled.

After the card is cancelled, the card applied for cancellation is invalid, but the personal account information remains in the bank. If there is no other credit card in this bank, you'd better apply for account cancellation. Personal account information in the bank will be cleared, credit cards will be completely invalid, and there will be no risk of information leakage. After applying for a credit card from this bank, you can also enjoy the discount for new users.

References:

Credit card-Baidu encyclopedia

Credit card annual fee rules-Baidu Encyclopedia

How to stop if you don't want to use a credit card?

If you don't want to use a credit card, customers can directly call the customer service hotline of the issuing bank to apply for card cancellation. Before the customer applies for cancellation of the card, it is best to confirm whether there are outstanding bills or excessive overpayments on the card.

If this is the case, the customer can't successfully close the account when applying for closing the account. Because the bank will ask the customer to pay off the arrears and take out the overpaid part before returning the card.

It is precisely because of this that after the customer applies for account cancellation, the bank will set aside 45 days to ensure that the credit card has no capital flow, and then it will officially cancel the account. In other words, the card will not be cancelled until the 46th day after the customer applies for cancellation, instead of being cancelled immediately after the application.

If the customer applies for cancellation, it is best to call the bank after 45 days to check the status of the card and see if the card has been cancelled successfully. And if the application is for the whole household to cancel the account, the customer will go to the bank for a card after half a year of successful account cancellation, which is a new customer.

The earliest credit card appeared at the end of 19. In the 1980s, the British clothing industry developed the so-called credit card, followed by the tourism and business sectors. However, at that time, the card could only be used for short-term commercial credit, and the money had to be paid back as needed. There was no long-term default and no credit line. In 1950s, McNamara, a Manhattan credit expert, dined in a restaurant. Because he didn't bring enough money, he had to ask his wife to send money. This made him feel embarrassed, so he organized DinersClub (English: Diners Club). Members can bring their dining charge cards to 27 designated restaurants for consumption without paying cash. This is the earliest credit card. Franklin National Bank was the first bank to issue credit cards, and other American banks followed suit.

It is said that one day, Frank McNamara, an American businessman, entertained guests in a restaurant in new york. After eating, he found that he forgot to bring his wallet. He was deeply embarrassed and had to ask his wife to bring cash to the restaurant to settle the bill. So McNamara came up with the idea of creating a credit card company. 1 In the spring of 950, McNamara and his friend Schneider jointly invested110,000 US dollars to establish DinersClub in new york, the predecessor of Diners Credit Card Company. Diners' Club provides members with a card that can prove their identity and ability to pay. With this card, members can keep accounts and spend money. This kind of credit card that does not need to be handled by a bank is still a commercial credit card.

From 65438 to 0952, Franklin National Bank of California, as a financial institution, issued the first bank credit card.

1959, Bank of America issued an American bank card in California. Since then, many banks have joined the ranks of card-issuing banks. In the 1960s, bank credit cards were quickly welcomed by all walks of life and developed rapidly. Credit cards are popular not only in America, but also in Britain, Japan, Canada and European countries. Since 1970s, Hongkong, Taiwan Province, Singapore, Malaysian and other developing countries and regions have also started to issue credit cards.

The word "credit card" originally refers to this financial product introduced in this post, but before it was popular in China, there was a savings card without a credit card or even any credit card function. So the real credit card can only be called "credit card". A real credit card has the following characteristics: it is not allowed to deposit cash in advance, it can be repaid after consumption, it can enjoy an interest-free repayment period, it can be repaid in installments (the minimum repayment amount), and it can join international credit card organizations such as VISA, MASTER and JCB for global use.

What if I don't use a credit card?

The suggestion is that if you have more than one credit card or savings card of this bank, choose to cancel it; If you only have the only credit card in this bank, and you won't use it again in the future, choose to cancel your account.

The process of returning the card is very simple. Just call the customer service of the credit card and it will be done soon. The credit card in your hand is useless and can be destroyed by yourself. However, before that, cardholders still have some things to pay attention to.

First of all, it depends on whether there are outstanding debts and overflow deposits in your credit card. If you owe money, you must pay it off before you can cancel your card or account. If there is an overflow of deposits, you must spend them first.

Second, see how many credit card points you have and what gifts you can exchange, otherwise the points will be gone and wasted after canceling the card and account.

Third, see if there are any bad records of credit cards in the past, such as overdue records. If so, it is best not to cancel the card or account, because bad records will always exist. In this case, it is recommended to continue to use the credit card until the credit record is covered by the new consumption record after 5 years.

The process of card cancellation

1. Call the bank credit card center to inquire about cancellation, mainly depending on whether your card is suitable for cancellation and whether there is a balance.

2. Cancel the credit card by phone. After receiving the call, the bank will accept the user's application to cancel the credit card, and deduct the annual fee receivable from all the cards under his account, and the account balance will be zero or the customer will definitely give up the remaining deposit in the account.

3. Go to the bank counter to officially cancel the credit card. Must carry

① Prepare the ID card;

(2) an application form;

③ Credit card to be cancelled. Go to the counter to get the card transaction, and then wait a month to cancel the transaction.

The first step to cancel the account is to receive the card, and then do the corresponding cancellation procedures one month after receiving the card, but you can also make an appointment to cancel the account directly on the day of card cancellation. So you don't have to go to the outlet after waiting for a month. The balance on the card will be directly transferred to the card after 1 to cancel the account at that time.

What if I don't use my credit card?

Don't want to use a credit card: if you don't plan to activate a credit card, you should cancel it, otherwise you will still have to charge an annual fee. It is recommended to cancel the credit card within one month after issuing the card, and no later than 12 months. General bank counters do not provide credit card cancellation services, and it is not excluded that some banks can provide such services. However, most banks require cardholders to call the customer service phone number of our credit card center to apply for cancellation of credit cards. I don't want to use a credit card, so I have to cancel it, remember! Otherwise, the bank will continue to charge the annual fee and record the annual fee during the overdue period year by year, which will not only form interest and late fees, but also affect the cardholder's personal credit information!

Apply for credit card cancellation at the bank counter, and the counter staff will conduct a comprehensive liquidation and verification of all interest charges for credit card cancellation;

After the bank confirms that there is no arrears, including annual fees, it needs to fill in the relevant application form and submit the application for cancellation of account through the counter system after being authorized by the right person;

At this point, the credit card information enters the pre-cancellation state, and the bank will set a one-month "regret period" for credit card cancellation. If the customer does not apply for recovery within one month, the system will automatically cancel the credit card, and the customer does not need to go to the counter to go through the formalities. 1. The cardholder who returns the card does not want to use the credit card of a bank, but can apply to the bank for account cancellation and terminate all the use rights of the credit card. The cancellation of the card is the cancellation of the credit card, but the bank still retains the personal account opening information. After the general card is cancelled, it can still be reopened in a short time. 2. After the customer cancels all the credit cards in the bank, he applies to the bank for account cancellation. After the account is cancelled, all information except bad credit information will be deleted. 1. After the card is cancelled, the customer is still an old customer of the bank and no longer enjoys the preferential treatment for new customers of the bank. After the account is cancelled, the customer is equivalent to a new user. If you apply for the card again, you can enjoy the discount for new customers.

2. After the credit card is cancelled, the magnetic stripe information is still there. After the account is closed, all information will be lost and the credit card will be completely invalid.

I don't want to use my credit card How to cancel it?

If the credit card is no longer used, the user can choose to cancel the card or cancel the account. If a user has only one card in the name of a bank, he can cancel the account directly, because he can enjoy the treatment of a new user when he applies for a credit card next time. If the user has more than one credit card in the name of the bank, a single credit card can only handle the card refund business.

Users can call the bank customer service hotline directly to return the card without going to the bank counter in person. There is a risk period of 45 days after applying for cancellation, and it will not be successful until the 46 th day.

Extended data:

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers.

It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back.

Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

The credit card stipulated by relevant laws in China refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of functions such as consumer payment, credit loan, transfer settlement and cash deposit and withdrawal.

20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit.

Credit cards generally refer to credit cards.

From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).

The main features of credit cards:

① Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range;

② Credit cards have both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;

Credit card is a high-tech product integrating financial business and computer technology.

Credit card can reduce the use of cash and currency;

⑤ Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;

⑥ Credit card can simplify the collection procedures and save social labor;

⑦ Credit cards can promote commodity sales and social demand.

Let's not talk about the introduction that credit cards are no longer used.