Cancel with Confidence: Credit Card Cancellation Letter

A credit card cancellation letter is a written communication from a cardholder to the credit card issuer, requesting that the account be closed. 

The letter provides the cardholder’s name, address, and account number, and requests that the issuer close the account and send a confirmation of the cancellation.

Why Write a Credit Card Cancellation Letter? 

Writing a credit card cancellation letter is necessary to formally request that the credit card account be closed. This can be important to avoid fees or to prevent unauthorized use of the card. 

Additionally, canceling a credit card can help to improve the cardholder’s credit score by reducing their available credit.

How to Write a Credit Card Cancellation Letter

When writing a credit card cancellation letter, it is important to include specific information to ensure that the cancellation is processed correctly. Here are the steps to follow when writing a credit card cancellation letter:

Step 1: Gather Information 

Gather all relevant information related to the credit card account, including the account number, the cardholder’s name, and the address associated with the account.

Step 2: Format the Letter 

Format the letter like a formal business letter, with your name and contact information at the top, followed by the date and the recipient’s name and contact information.

Step 3: Request Cancellation 

Request that the credit card account be canceled and provide the reason for the cancellation, if desired.

Step 4: Provide Your Account Information 

Include your account information, such as the account number, to ensure that the cancellation is processed correctly.

Step 5: Request Confirmation 

Request that the credit card issuer send a confirmation of the cancellation to your mailing address.

Step 6: Sign and Date the Letter 

Sign and date the letter to indicate that you are the cardholder and that the information provided is accurate.