One

One of the reasons for account cancellation: risk control

Many people will be surprised: I finally applied for a credit card, but you asked me to cancel it?

Wait a minute, let me give two extreme examples. You can tell at a glance:

Sample A: 10 credit cards, one line has a limit of 320,000, and 9 lines have a limit of 20,000 each.

Total ***500,000.

Sample B: 10 credit card lines, all 50,000 yuan.

Total ***500,000.

If A and B both apply for Line 11 credit cards, and if they submit exactly the same information, how much will the amount be?

The answer is obvious. The probability of sample A is still 20,000; the probability of sample b is 50,000.

The reason is that sample A has only 320,000 yuan in a row. When the loan officer sees the credit report, he will think that the acceptable risk level of other banks is 20,000 yuan.

Only one bank is willing to give 320,000 yuan, so due to risk considerations, the probability of loss is the smallest when issuing 20,000 yuan;

Sample B is the probability of all banks accepting a loss of 50,000 yuan.

Risk control is always the top priority of banks.

2

The second reason for account cancellation: Rigid deduction, long-term credit

For example, Agricultural Bank of China, China Construction Bank, China Merchants Bank, and Bank of Communications, exceeding a certain credit limit or a certain limit , no more cards will be issued to new users, which is required by the rigid deduction and multiple credit rules of the credit card regulatory authorities.

If you already have 8 credit cards and want to apply for CCB, you can only get approval if you close your account within 8 banks.

This is another reason to close your account.

Three

Closing the account is just for better application of the card.

Generally, banks will regard users who have closed their accounts for more than 6 months as new users and re-examine their credit limits based on a new credit model. Therefore, some banks may consider canceling the account and reissuing the card.

However, you may not be able to re-apply for a large-value bank card after closing your account.

This is an uncertain question. Whether or not to close the account must be evaluated based on the ability to bear risks.

There is no standard answer to this.

Four

When canceling an account, you must first distinguish between issuing a card and canceling an account.

If there are multiple credit cards in the same bank, if the rights and interests of a certain card are not good, the card number is not good, or for other reasons, we can cancel the cards separately. This is the so-called card cancellation.

The act of canceling all credit cards of a bank is called account cancellation.

If the card is not sold, the credit check will still show the credit limit;

After the account is completely closed, the credit report will show "As of a certain date, the account status is closed" , which will remove the credit line from your credit report.

Generally speaking, you can directly call the customer service number on the back of your credit card to apply for card withdrawal or account cancellation.

After calling to register, generally 45 days later, there will be no arrears, overpayments, or other fees, and the card will be automatically canceled or the account will be closed.

The first 30 days are the billing cycle, verify whether there are any arrears, overpayments, etc.;

The next 15 days are the credit registration days.

Five

Try not to cancel your account in the following situations.

A. If a credit card account has an overdue record within five years, it cannot be closed.

Most banks do not update account information after closing an account, so if there is an overdue account within five years that is not covered by new account information, they will permanently retain an overdue record on their credit record.

B. Try not to close accounts at "grudge-holding" banks.

For example, for people's livelihood, after account cancellation, you must apply offline and the information must be consistent with that before account cancellation before re-examination, otherwise the system will automatically reject it. This is the most vindictive bank.

Other banks that are generally regarded as "vindictive" include China Merchants Bank, China Construction Bank, and Ping An Bank.

c. If there is no obvious financial improvement in a short period of time, try not to close the account.

If you have only applied for one food card within half a year, and you cancel your account and apply again, the result will either be rejected or a new card with the same amount will be issued.

D. If there are major changes in your job, address and other information, try not to close your account.

There is a six-month waiting period for changing jobs.

Otherwise, the bank will consider your job unstable and will seriously reduce your points when granting credit, and it will not be easy to apply for a large-value card. So, if th

closing one or two accounts won't improve your credit score much; however, canceling all food cards is very expensive and may not be suitable for everyone. Go and cut off your wrists to survive.

H. If the current financial environment is poor, try not to close your account.

Nowadays, the general financial supervision is becoming more and more strict, and more and more banks are implementing rigid deductions, such as: Agriculture, China Merchants Bank, and Industrial and Commercial Bank of China.

At this juncture, canceling the card The re-application will be strictly reviewed, which is not conducive to the re-application of large-value cards, so try not to consider canceling the account.

1. In other circumstances, try not to cancel your account.

The above situations of not closing accounts are distinguished by the adverbs "not closing accounts", "trying not to close accounts", and "not closing accounts". You have to weigh the gains and losses by yourself - others cannot give you a standard answer. .

Six

You can consider canceling the account under the following circumstances:

a, basically all are large-value cards. If you only have one or two food cards, please close your account as soon as possible.

Because stingy banks like Bank of Communications itself approve cards based on the minimum limit. If there are one or two food cards on your credit report, in serious cases, cancel the account as soon as possible.

B. If you pursue perfection, you can choose to cancel your account.

Many people blindly apply for a card because they have never been exposed to the headline number "Axin" before applying for a card. China Construction Bank, Agricultural Bank of China, and China Merchants Bank cannot do it anyway, which is why they do not consider the order of card application.

In order to continue to apply for these credit cards, and there are not too many at the moment, you can cancel 3-4 lines appropriately to get the next card;

C. If you are interested in a certain card If the card is particularly anxious, you can choose to cancel the account.

For example, Pudong Development Bank Super Platinum Credit Card will basically not approve cards with more than 8 lines. Before applying, you need to sell the card below 8 lines to increase the probability of getting rid of the card.

d. Be able to comprehensively evaluate yourself and accept the cancellation of your account.

If you can no longer handle the loss of the card, you can choose to cancel the account.

Closing an account itself is an act of sacrificing the present for the long term. If you cannot comprehensively evaluate and accept the risks, it is better to hold them safely now, which has the lowest risk.

e. If you do not fill in enough materials when applying for a card, or simply blindly follow the trend of online applications and fail to submit financial information, your account will be canceled as appropriate.

General banks also have channels for raising the limit of information. In this case, it is recommended to use the "curved limit increase" method of submitting information offline for the second card, or to handle large-scale limit increases by directly sending financial information according to the bank's requirements. amount card.

If the curve fails or the quota increase fails, it is not too late to cancel the account.

f. If the current financial information has significantly improved, you can consider closing the account as appropriate

Of course, it is recommended to first increase the amount from the second card curve or send information to increase the amount, which has no effect. Consider closing the account and apply as a new account six months later.

g. Guangfa Bank credit card holders can directly consider canceling their accounts

Because no matter whether Guangfa cardholders have rigid annual fees or not, there is no way to reduce the limit, limit consumption or block the card. sign.

This is an ongoing potential risk for the capital party, especially since Guangfa has raised its quota generously and has often become the main output. Once the risk is controlled, it will be a disaster.

Therefore, it is recommended that all members of the capital party must not use Guangfa as the main export.

7

The final words:

Canceling a card or account is an activity that involves both risks and returns, and is an investment behavior. Investment means there is the possibility of multiple returns, but there is also the possibility of losing everything.

Canceling a card or account should be your own choice. There is no right or wrong choice in itself. There is only "maintaining existing income" or "sacrifice existing income to obtain greater profits." difference.

Therefore, there is no "correct answer" in the strict sense when it comes to canceling a card or account, only a "reference answer". All choices can only be made by yourself.

This is like life, there is no standard answer, only the success or failure of others as your reference. In the end, you still have to go on your own. Related questions and answers: