Generally, after the cardholder applies to cancel the credit card, the bank will first check whether there is any debt on the credit card, which will take some time. Therefore, after the cardholder applies to the issuing bank to cancel the credit card, the credit card appears to be invalid, and there is a "dangerous period" before the bank completely disposes of it. Due to the different regulations of banks, the "dangerous period" usually lasts for about 45 days. If the cardholder fails to trim the corners of the credit card during the "critical period" and the credit card is lost or stolen carelessly, there is a danger of being stolen.

So what is the correct way to cancel the credit card?

According to relevant regulations, the cardholder's bank account information shall be kept for at least 5 years from the year when the transaction is recorded. In other words, after the cardholder handles the credit card, the bank will set up a bank account according to the cardholder's information, and the credit card is a kind of "performance" of the bank account. The cardholder's cancellation of the credit card is only the "performance" of the account cancellation, not the account cancellation.

After the cardholder cancels his credit card, if he still applies in the same bank next time, he is not a new customer. In addition, if the cardholder only hangs the account and does not cancel the account, and the credit card has not been cut after the card is cancelled, then the information on the magnetic stripe of the credit card still exists. Once the criminals collect the personal information of the cardholder and apply for a new credit card from the bank, the credit card is in danger of being stolen. Therefore, cardholders only sell cards without cutting them, and there is also the risk of being stolen.

In addition, cardholders need to be reminded to confirm whether there are arrears and annual fee reductions before canceling their credit cards. If there is any arrears, it should be returned in time.

45 days after the credit card application is cancelled, the cardholder can call the customer service phone of the bank to confirm whether the cancellation is successful or not, so as to avoid leaving bad records due to unsuccessful cancellation for special reasons.