1 There is a difference between card cancellation and account cancellation. Credit card cancellation includes single card cancellation and whole household cancellation. A single card is a card cancellation, that is, the card of a bank under the cardholder's name is cancelled. The whole account cancellation means that all cards under a bank account of the cardholder have been cancelled.
2 The cancellation requirements are different. The purpose of canceling the account is to pay off all the debts of the card, but the cancellation of the card only needs to meet the debt of the single card.
3 There are differences in effective time. Before closing the account, make sure that all the accounts owed by the cardholder have been paid off. Generally, all applications for account cancellation will take effect after waiting for more than 40 days. The application time for canceling the card is faster.
4 Re-apply for different treatment and then apply for changing the bank's credit card. If you are not a new customer, you can enjoy it if you return your card.
It is easy to handle credit cards now, and the number is quite large, but if there are too many idle cards in hand, they are not handled in time. It is enough to have 2-3 credit cards in hand. Unused cards not only have annual fees, but also have some hidden dangers. The solution is to cancel them as soon as possible. This is not only convenient for management, but also won't forget to pay back the money because there are too many cards.
1. Normal credit card cancellation procedures will not have adverse effects, and credit cards also support cancellation. Cardholders who use credit cards to spend and repay on time will accumulate personal credit records. Even if he cancels his credit card, his credit will not be affected, nor will it have a negative impact.
2. The credit card expires. Many people use credit cards to spend but forget to repay, which leads to overdue repayment. Every time it is overdue, it will be displayed on the credit report. Log in to the personal credit report to see the overdue records of credit cards. If the credit is bad, the credit card will be cancelled, and the personal bad records will be kept for five years, and will be cleared automatically after five years, and cannot be changed or deleted within five years.
Cancellation of credit card requires that the credit card business has been settled, the consumption amount has been paid and the credit card installment payment has been paid. If the credit card is overdue, it is recommended to continue to use it for two years to accumulate your own credit.