How to cancel and cancel the credit card?

Now basically everyone has a credit card. For some reason, we don't need to use this credit card What should we do? We can't just leave it there, because credit cards usually have an annual fee, and we can only choose to cancel or cancel the account. Many friends said, isn't cancellation equal to cancellation? They are not the same, there are essential differences. Bian Xiao will tell you.

First, the nature is different.

The cancellation of the credit card, that is, the cancellation of the card, just means that you cancel the credit card and no longer use it.

The cancellation of the account is not only the cancellation of this credit card, but also the cancellation of all credit cards in your name in the bank.

Second, the situation of handling cards is different.

You can still apply for the bank's card after cancellation, but your information is still there and you can apply as an old customer.

If the credit card is cancelled, because the information has been cleared, you will be a new customer if you apply again.

Third, the risk of stealing brushes is different.

After the credit card is cancelled, because the account information is still there, if the magnetic stripe of the card is not cut off after cancellation, once the magnetic stripe information is known to others, it is possible to reapply and steal your credit card.

If you cancel your account, because all your account information has been cleared, the credit card will be completely invalid and will not be easily stolen by others.

Can I still use my credit card during the cancellation period?

Many people think that they can't use their credit cards if they go to the bank to apply for cancellation. In fact, there will be a 45-day cycle for credit card cancellation.

The bank will check your credit card for unpaid bills, unpaid fees and extra money within these 45 days. If not, the bank will officially cancel your credit card after 45 days.

So you can still use this credit card for 45 days before the bank officially cancels your credit card. But if you want to cancel the card, you must remember to pay off the money after use, so as to avoid cancellation due to arrears.