How do you write a letter to close a credit card?

Sub: Request to terminate / cancel my credit card – Reg. Due to personal reasons, I don’t need the credit card. Hence, I request you to terminate / cancel my credit card and the linked card account no. ____ (write the credit card account no.)

What information do you need to cancel a credit card?

It’s generally not necessary, but if you want to be sure, send the card issuer a short letter with your cancellation request. Include your name, address, phone number and credit card account number, as well as information about your initial request to cancel the account. Keep a copy of the letter for your records.

What is the best way to close a credit card account and why?

Use the following steps to cancel your credit card the right way.

1. Find the number of the customer service department you need to contact.
2. Redeem any remaining rewards.
3. Pay off any remaining balance.
4. Call your bank.
5. Send a letter requesting card account closure, just to be sure.

How do you cancel a credit card in the mail?

Yes, you can cancel your credit card by sending a written letter of request to your credit card company. You will have to note down details like the name of the credit card that needs to be canceled and then send this to your credit card issuer. This can be done by post.

Can you close an account with a balance?

Here’s what happens when you close a credit card with a balance: You will still owe your balance. You won’t be forced to pay the balance on the closed account right away, but you must continue making at least the minimum payment due each billing period.

What is cancellation letter?

Cancellation Letter is a letter which communicates cancelling of certain arrangements which can be a Contract or a Party. A Letter for cancellation is mostly used as a business correspondence. Occasions like an event, meeting, wedding or any other social occasion also require a cancel letter.

How to write a letter to close a credit card?

Learn how to write a letter to close your credit card account. Use our sample letter to close your credit card account as a template for your account letter. No matter how many times we call to close down the credit card account, those monthly statements keeping coming.

What to include in a credit card letter?

You can customize your own letter, too, but be sure to include your name, billing address, and account number so the credit card issuer can identify your account. If your letter is a followup to a phone call, include the date and time of the call and the name of the representative you spoke with.

What should be included in a credit card cancellation letter?

Include all of your contact and account information. The letter should have your name, home telephone number, cell number, mailing address, email address and account number. Reference all of this information at the top of the letter, before the body of the letter. Refer to your telephone conversation.

What do I need to close my credit card account?

To begin the process of closing the account, gather and write down the customer service number and the mailing address you’ll need. The customer service number is on your credit card, monthly statement and the issuer’s website; the mailing address is also on the website and the monthly statement.