How to close a Credit Card?

The entities that deliver the cards have specific protocols for closing these products.

To close a Credit Card, its contract must be reviewed, since generally the procedure to be followed to close the product is indicated there.

In any case, it is suggested to comply with the following steps:

  • Give written notice to the financial institution of the closing of the card, keeping a copy of said notice (duly stamped by the entity).
  • Deliver the cards themselves (the “plastics”) and request their destruction in their presence.
  • Review billing notices or “charts” to make sure there are no pending payment transactions.
  • If you have any Automatic Payment of Cards (PAT) charged to the Credit Card, you must give notice in advance to the establishment or service that you are going to close the product, so that it does not continue to be charged.

Leave a Reply