Yes. It also depends on the situation.

The first is a credit card that is not activated. Generally, credit cards that have not been activated will not incur annual fees, so if users do not use them, they do not need to cancel them. It will not have any personal impact. If it is some high-end cards, they may incur annual fees if they are not activated. Therefore, if the user does not use it, it is best to cancel it at the bank to avoid incurring annual fees and causing overdue payment.

The second type is a credit card that has been activated. In this case, if the number of credit card swipes stipulated by the bank is not reached, an annual fee will be charged. Therefore, if the user does not use it, he can bring his ID card and credit card to the bank to cancel it. If the user does not cancel or use it, then after the bank deducts the annual fee, the user will be overdue, which will cause personal credit stains and have a greater impact on future loans.

Extended information:

Notes:

Cardholders are generally required to call the bank promptly 46 days after canceling the card to confirm whether the account has been cancelled, to prevent the bank from canceling the account. For some reasons, the card cancellation was not successful, but the cardholder thought the card cancellation was successful, causing unnecessary trouble in the future.

Clip the magnetic strip when canceling a credit card. The complete card may still be used in some places with just the card number, but the safest way is to dispose of the fragmented credit card in a different place.

Baidu Encyclopedia-Cancellation