For the benefit of credit card users who wishes to cancel their credit card but are not aware why WRITTEN CONFIRMATION OF CANCELLATION FROM THE BANK is important.

Should you not received a confirmation from the bank, the credit assigned to you might possibly remain in your credit book a.k.a CCRIS report.

Should you want to apply any other loan /new cards, it will come a point that your application be rejected and reason not known. Why? Because you are overly "credited" by bankers which you are not using the credit and even worse, you have cancelled the credit card (but CC bank did not informed to BNM to update that).

Anyway, even if the bank did not provide you with the cancellation confirmation, the sky is not falling apart, just ajak your kawan-kawan sekalian find a day to BNM to print out your own CCRIS report. If you see the credit card you have cancelled 5yrs ago and still in the report, you can accumulate all your anger and vent it to the CC banker all at once. :-D

It happens to someone I know. He had cancelled 2 cc (with RM15K limits each) some 2 yrs ago. And recently he wanted to get a new cc but was being rejected 3 times from different banks. And his stories made up what I've typed on the above. He got his new card one week after he fire his anger at the 2 banks issued the previous 2 cc.