Common practices can lead to credit card loss

the card creditWhen used correctly, it can become a great ally for a healthy financial life, but there are certain situations that cause the bank to cancel your card. Learn more below.

What causes a bank to cancel a credit card?

There are many reasons to cancel a credit card, but the most common is not using it. When the customer hasn’t used the service for at least 12 consecutive months, the bank realizes they don’t need the limit issued to them, so they cancel the card so someone else can get the balance. In this way, the company was able to generate profits for the financial institution.

However, there are other reasons to cancel a credit card, namely: negative CPF (Individual Taxpayer Registry), pending documentation, sending incorrect documents, breach of the terms of use.

Although this is one of the reasons Banks Cancellation Credit cardsThere are some financial institutions that give credit to people with a negative CPF. Check what they are:

• nubank: Banco Roxinho generally grants credit to all its clients, however, the initial credit is usually only Roxinho $50.00. Nubank not only issues credit to people who already have the card, but who have chosen to cancel;
• Santander: However, Santander generally issues an SX credit card and has a 12x annual fee of R$33.25;
• C6 BancoOn the other hand, C6 usually releases the credit after a thorough analysis of the data submitted by the applicant. Its differential is the tomos points program, which rewards the customer for each purchase made with debit and credit.

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