[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Credit Card Company Name] [Company Address] [City, State, ZIP] Subject: Request for Cancellation of Credit Card Account Dear [Credit Card Company Name], I am writing to formally request the cancellation of my credit card account with your esteemed institution. After a careful review of my financial situation, I have decided that it is in my best interest to close this account effective immediately. I have been a loyal customer with [Credit Card Company Name] for [number of years/months] and have appreciated the convenience and financial assistance that the card has provided me over this time. However, due to personal reasons, it is in my best interest to discontinue the use of this credit card account. I kindly request you to close the following credit card account associated with my name: 1. Cardholder Name: [Your Name] — Credit Card Number: [Last 4 digits] Please ensure that no further charges are incurred on this account and that all outstanding balances are settled. Additionally, kindly confirm the successful closure of the account in writing and send me the confirmation via mail. I would also appreciate it if you could provide me with any necessary steps or instructions that I need to follow to ensure a smooth closure of the account. If there are any forms or documents that require my signature, please send them to me at the above-mentioned address, or provide instructions on how to obtain them. Rest assured that this decision has been made after careful consideration, and I believe it is the best course of action for my financial well-being. I have taken the necessary measures to secure alternative means of payment and will ensure a seamless transition away from this credit card account. Thank you for your prompt attention to this matter. Should you require any further information or have any questions regarding the cancellation process, please do not hesitate to contact me at the provided email address or phone number. I look forward to a swift resolution to this matter. Yours sincerely, [Your Name]
Massachusetts Sample Letter for Cancellation of Credit Card
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How to fill out Sample Letter For Cancellation Of Credit Card?
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FAQ
The standard advice is to keep unused accounts with zero balances open. The reason is that closing the accounts reduces your available credit, which makes it appear that your utilization rate, or balance-to-limit ratio, has suddenly increased.
You can call the credit card customer care of the respective bank and request them to cancel the credit card that is in your name. Once the request has been raised with the customer care, the bank will get back to you and discuss the details for the cancellation of the credit card.
Dear (name), I am writing this letter to inform you that I need to cancel my credit card issued by your bank. I want to terminate the credit card from today. There are no dues on the card.
Use your notes to write the credit card company a certified letter with the details of your conversation, including date, time, names and any confirmation numbers you received. Make sure to request a written statement that shows your balance is all clear and your account is completely closed.
You can close your credit card without writing a letter, but sending a letter gives you physical proof that you requested your account to be closed. 1feff 2feff You may even choose to call your credit card issuer first to close your account, and then follow up with a letter for your records.
Closing request for the SBI Credit Card through a letter: The letter with a request in writing for cancellation of the card along with details of the full name and address (name as available in the Credit Card record), card number, and contact information should be sent to SBI, PO Bag No 28, GPO, New Delhi-110001.
Sub: Credit Card Cancellation LetterDear (name), I am writing this letter to inform you that I need to cancel my credit card issued by your bank. I want to terminate the credit card from today. There are no dues on the card.
You can call the credit card customer care of the respective bank and request them to cancel the credit card that is in your name. Once the request has been raised with the customer care, the bank will get back to you and discuss the details for the cancellation of the credit card.
