Whether you’ve canceled the card by phone or by mail, it’s best to follow up with a certified letter announcing that you have requested to close the account. Don’t just take the credit card ...

If you cancel a credit card, your available credit limit will decrease. But the amount you owe on other accounts stays the same, so you could potentially drive your utilization up. The amount you ...

How To Cancel Your Credit Card Without Hurting Your Credit ... Be sure to get a record of the account closure via email or letter. Check your credit report regularly. After about a month, you ...

For instance, HDFC Bank requires a written letter from the cardholder to close a credit card. Axis Bank credit card can be closed by logging into your netbanking account, while for SBI it requires ...