Many people don't insist on using credit cards and regret it after receiving the annual fee bill. At this time, if you want to return the card, you must pay off the annual fee before you can return the card. But banks will provide various preferential measures to make up for the "carelessness" of credit card users.
General banks will provide annual fee-free discounts for swiping cards 3 to 6 times a year, and some banks will also give some leniency to high-quality customers, allowing them to make up the number of swiping cards within the next month to avoid annual fees; Many banks also introduce points to offset annual fees. If you just want to avoid the annual fee, then make it clear to the customer service. what can I do? The bank will find a way, because it wants to keep users more.
Step 2: Call the manual customer service to see if there is any debt.
First, check whether there are any open accounts in your card. If you want to cancel your credit card, you must ensure that there are "no more points" in the card;
Secondly, let's see if the money we spent in the past two years is overdue. If the overdue records are not updated, personal credit will be damaged, and it will not be so easy to apply for loans in the future. It will take 24 months after the deadline to cover.
Finally, get to know the points, and it's not too late to cancel the account after redeeming the gifts. It is worth mentioning that some banks offer generous gifts when customers apply for cards. In this case, the card cannot be sold casually, and it will take at least half a year.
Step 3: Cut the card.
The easiest and most convenient way to cancel the card is to call the customer service hotline on the back of the card, and someone will help you cancel the card. You don't have to return the credit card to the bank, just "cut it off".
What's the difference between returning a card and canceling an account? Cancellation of credit cards Single card cancellation and whole household cancellation. The so-called single card cancellation means that only one credit card under the cardholder's name is cancelled, while the whole household cancellation means that the cardholder's entire account is cancelled and all the cards under his name will be cancelled. All your information in the bank will be deleted. Both cancellations only require telephone application, and there is no charge.
It should be noted that if the cardholder chooses to cancel the whole account, he must pay off all debts. However, when he chooses to cancel a single card and there are other cards in use, this condition does not need to be met, because the debts of each card will be aggregated into the same account, and the cardholder can update the credit record only by continuing to repay according to the bill requirements. It is to ensure that when the cardholder closes the account, there is no remaining debt in the account. It usually takes 45 days for the account cancellation application to take effect, while the card withdrawal application generally takes effect immediately.