1. Cancellation through telephone banking: General credit cards can be canceled through telephone banking.

2. Log out at the bank counter: Bring your documents, such as ID card and credit card, and remember to avoid the peak hours of the bank to avoid queuing for too long and delaying your normal work and life.

3. Cancellation at the designated bank business hall: Since there are still differences in the regulations of various banks on credit cards, and there are many types of credit cards, some banks will have certain restrictions on the cancellation of certain credit cards. Clear regulations. Therefore, if you are not sure where to cancel your credit card, please call the official customer service for consultation in time.

4. The conditions for credit card cancellation must be met. Under normal circumstances, if your credit card debt has not been paid off, or the annual fee has not been paid, or there is a balance, you cannot cancel it.

5. After the credit card is successfully canceled, cut and scratch the magnetic strip yourself to avoid being misappropriated.

6. Under normal circumstances, it will take 45 days for a bank credit card cancellation application to officially take effect.

According to Article 7 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks": A credit card refers to a credit card that records cardholder account information, has bank credit lines and overdraft functions, and provides cardholders with relevant banking services. All types of media.

Credit cards stipulated in the relevant laws of our country ("Interpretation 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 , cash deposit and withdrawal and other full or partial functions of the electronic payment card. 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 Credit Card.

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 billing date.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

On May 25, 2021, the Supreme People's Court issued and implemented the "Regulations of the Supreme People's Court on Several Issues in the Trial of Bank Card Civil Disputes".